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Chargers followers of the world, rejoice — Dean Spanos, the extensively hated part-owner of the L.A. Chargers, is being sued by his sister, Dea Spanos Berberian, for repeated misogynistic habits towards his sisters and breaches of fiduciary duties in his administration of the Spanos household belief.
Dea, Dean, and their two different siblings every personal 15 % of the staff, with the household belief accountable for one other 36 %. Nonetheless, Spanos has exercised extra management over the franchise than his siblings as the previous CEO and president of the Chargers and the present chairman. He was additionally the one who made the wildly unpopular choice in 2017 to maneuver the staff to L.A. from San Diego, the place they’d resided since 1961. Chargers followers hated it, Los Angeles residents hated it, different NFL homeowners hated it, and Dea apparently hated it, too. A number of San Diego-based followers are nonetheless bitter, which is why this lawsuit could look like candy, candy retribution for his betrayal of the town.
Since their dad and mom’ deaths in 2018, Spanos and Berberian have been co-trustees of the household belief, however, per ESPN, Berberian is alleging that her brothers Dean and Michael “imagine to their cores that, no matter what their dad and mom meant and their wills specified, males are in cost and ladies ought to shut up.” Actually, that sounds about proper — although there are just a few girls who’ve inherited groups all through the league from their husbands (Georgia Frontiere of the Rams involves thoughts) and fathers (a number of of whom have given their sons managerial management), NFL possession remains to be, by and enormous, a boys’ membership. Exceptions to the rule are handled as such — clearly, even inside one’s family.
Berberian revealed within the lawsuit that her brother’s choice to maneuver the staff to Los Angeles has financially ruined the franchise and, by affiliation, their household wealth. The belief, she stated, is over $350 million in debt — a debt that Berberian alleges was prompted not in small half by Spanos utilizing belief cash for private purchases and paying off his personal private money owed. She accused her brother of taking $105 million out of the belief to settle varied money owed and borrowed $60 million for non-business-related purchases. Berberian believes that the one possibility left is to promote the staff to dig themselves out of debt, however she will’t promote the belief if his title remains to be on it.
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In her effort to have him eliminated as a co-trustee and tackle full management of the belief herself in addition to to turn into the bulk proprietor of the staff, Berberian is using the identical lawyer who represented Lakers proprietor Jeannie Buss in her personal intra-family lawsuit after the dying of her father, Dr. Jerry Buss. Although I don’t see NFL management getting concerned in household drama, the therapy of feminine staff from league possession has actually come to the forefront throughout this previous yr with revelations about Dan Snyder’s Washington staff and franchise tradition.
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