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The San Diego Chargers are a professional club Footballs based in San Diego, California. Berberian seeks sole control of the family trust that owns the largest share of the franchise, according to a petition filed in San Joaquin County Superior Court. Already looking forward to the 2023 NFL Draft? Follow Receive an email notification when changes occur for Dea Spanos Berberian,. Alex Spanos bought the San Diego Chargers in 1984, and Dean Spanos took over managing the franchise in 1994. Jeff Bezos buying the Chargers would be best moment in franchise history Dea Spanos Berberian filed a petition Thursday in Los Angeles County Superior Court contending that mounting debt from the franchise is creating an estimated yearly loss of at least $11 million for the family trust. The stake in the Chargers makes up 83% of the trusts holdings. Berberian contends the situation is too dire to wait. She also is in charge of community relations. The sister of Los Angeles Chargers controlling owner Dean Spanos is petitioning a California court to put one-third of the team's ownership stake up for sale. The continued battle for majority control of the Los Angeles Chargers has taken a new turn after co-owner Dea Spanos Berberian filed a lawsuit against her co-owner brothers Michael and Dean Spanos . A Warner Bros. Fenno writes that Berberian argues " that mounting debt has imperiled the family's finances and the only solution is to put the NFL franchise on the market ." Tom Eddy Wines Spanos-Berberian Vineyard Cabernet Sauvignon Napa Valley, USA Avg Price (ex-tax) $ 452 / 750ml Red - Bold and Structured 3 from 1 User Rating 89 / 100 from 2 Critic Reviews Only a couple of critics have rated this Napa Valley wine so far. Streisand previously represented Steve Ballmer in his purchase of the Clippers and Jeanie Buss in the legal fight that cemented her as controlling owner of the Lakers. Los Angeles Chargers owner Dean Spanos is being sued by his sister Dea Spanos Berberian. It was probably something that Tim Tebow. The . Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. Factors likely, the division in which you move you more or less likely to win the playoffs. Alex and Faye Spanos, the siblings' parents, who died three years ago, created the trust in 1998. Focus Wednesday on the AFC West division by far the lowest in the American Conference. Chiefs feared Chargers more than any other team in 2017 draft; Bolts took WR Mike Williams instead of eventual two-time Super Bowl champion. That's mostly because of a longstanding legal dispute that continued this week, when the sister of current Chargers owner Dean Spanos filed a lawsuit accusing her brother of "misogynistic" and "financially ruinous" business practices, arguing that the Spanos family has no choice but to sell the team in order to pay off its debts. In 1961 the franchise moved to San Diego. The legal conflict came into public view in April 2021, when Berberian petitioned the Los Angeles County Superior Court to put the trust up for sale. (Photo by John McCoy/Getty Images). Alexis Spanos Ruhl also released an additional statement defending Dean. Los Angeles Chargers owner Dean Spanos at a game in 2019. As noted by Daniel Kaplan of TheAthletic.com, Berberian agreed earlier this week that her 2021 lawsuit, aimed at forcing the sale of the 36-percent interest held by the familys trust, should go to the NFLs secret, rigged kangaroo court (i.e., arbitration). Our View: Family was always first for Alex Spanos -> Site for Ron Berberian, Dea Berberian. Suit Seeks Sale of Los Angeles Chargers - NBC 7 San Diego In response to the filing, Dean Spanos and two of his siblings released a statement Thursday pledging to keep the team in the family. Yet none of those probably best describe what the son of Greek immigrants would use to describe himself: husband, father, grandfather and friend. Lawsuit That Could Force Spanos Family to Sell Chargers - NBC 7 San Diego All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy, The Breer Report: Los Angeles Chargers Training Camp Takeaways, ESPNs Adam Schefter and Kimberley Martin reported. That may be a blessing in disguise because Denver will have the first pick in the draft next April. Dean refuses to consider a sale of the Trusts Interest of the Chargers, insisting that the Co-Trustees continue to borrow more and more, and to force the charities and beneficiaries to wait for years and to hope while Dean speculates further on a football team, the petition said. Siblings in attendance included brother and Chargers executive vice president Michael Spanos and wife Helen; sister Dea Spanos Berberian, a vice president of A.G. Spanos Companies, and her husband . The Spanoses reside in Stockton, California.Spanos also owns property in Las Vegas, Nevada. Meet Dea Spanos Berberian, a sister to Chargers controlling owner Dean Spanos. Order Online Tickets Tickets See Availability Directions . Dea Spanos Berberian filed the suit Thursday in San Joaquin County Superior Court, as ESPN reported, seeking sole control of the Spanos Family Trust that constitutes more than one-third of. Jeff Miller is the Chargers beat writer for the Los Angeles Times. Dean Spanos' sister asks court to force sale of Chargers - Sports Dean and Michael Spanos and another sibling, Alexis Spanos Ruhl, have engaged in a public quarrel with Berberian. For more Los Angeles Chargers coverage, go toCharger Report. Nous, Yahoo, faisons partie de la famille de marques Yahoo. But the whole is very attractive. Aztecs assistant coach Ron Gould hired by NFLs Rams less than a month into role at SDSU, NASCAR star Elliott has leg surgery after snowboard accident, Fernando Tatis Jr. disciplined at the top of Padres stacked lineup and still learning in right field, Quinn scores in 2nd period as Sabres beat Lightning 5-3, Grizzlies Clarke out indefinitely with torn Achilles, Anders Lee scores twice as Islanders beat Red Wings 4-1, Ducks assistant coach Stothers to be treated for melanoma, Oakland As calling Vegas home, only this weekend for now, Southampton off bottom of EPL by beating Leicester 1-0. Excel Known Addresses for Dea Spanos Berberian, 10100 Trinity Pkwy Stockton, CA 95219 Advertisements Source California Secretary of State Data last refreshed on Monday, April 4, 2022 What next? Berberian is trying to make the case that Dean has put the family trust in such deep . Chargers owner Alex Spanos, a plain-spoken, self-made billionaire from Stockton who bought a majority stake in the NFL football club in 1984, died Tuesday morning, the team announced. Alexis Spanos Ruhl BOARD MEMBER Alexis serves as a company liaison to local non-profit agencies. As first reported by ESPN's Adam Schefter and Kimberley Martin, Dea Spanos Berberian's attorneys filed the lawsuit this week in San Joaquin County Superior Court in California. In addition, according. Rams decide to part ways with linebacker Bobby Wagner, who tallied a team-high 140 tackles, six sacks and two interceptions in the 2022-23 season. Dean Spanos' sister attempting to force sale of Chargers Thursday in a Los Angeles court, Dea's lawyer made a bid to force . Everyone feels entitled to everything. The current political climate may be creating a potential for tax and legal exposure to the Spanos family trustees, absent a sale, that its caretakers would do well to consider. The racing game, LaDainian Tomlinson with the tandem-Darren Sproles, is frightening, especially as LT intends to rediscover the form that had him a star. The trust has control over one-third of the ownership stake. Dea Spanos Berberian, sister of Los Angeles Chargers owner Dean Spanos, is trying to force a sale of the franchise because of the family's current financial state. Her siblings say they love owning the football team. Thursday in a Los Angeles court, Deas lawyer made a bid to force the sale of the Chargers. Ron is husband of Dea Berberian (daughter of Alexander Spanos - real estate developer, owns the San Diego Chargers) Sorry for my poor english translation. Learn how your comment data is processed. 236. The Chargers have six players and a coach entered the Pro Football Hall of Fame: The wide receiver Lance Alworth (1962-1970), the defensive end Fred Dean (1975-1981), quarterback Dan Fouts on (1973-1987), head coach / general manager Sid Gillman (1960-1969, 1971), wide receiver Charlie Joiner (1976-1986), offensive lineman Ron Mix (1960-1969) and the tight end Kellen Winslow (1979-1987). They stated Spanos Berberian seems to have a different and misguided personal agenda from their own plan to keep the NFL club in the family for generations to come. Statement Issued by the Families of Alexis Spanos Ruhl, Michael Spanos and Dean Spanos. Spanos-Berberian Winery, LLC Company Profile | Yountville, CA That included mediation with a retired L.A. County Superior Court judge that didnt work. At the end of the 1994 season, the Chargers faced the San Francisco 49ers in Super Bowl XXIX and lost 49-26. ESPN also reported that a lawyer familiar with the matter believes Berberian is trying to embarrass her brothers and that all three siblings, including Michael and Alexis Spanos, stand together in opposing her. Suddenly, San Diegans have a Spanos to root for. Dean's sister Dea Spanos Berberian filed a lawsuit last week in San Joaquin County Superior Court seeking full control of the Spanos Family Trust, which has a 36 percent stake in the Chargers. Dean Spanos took over as managing owner of the Chargers in 1994, 10 years after his father bought the franchise. Per ESPN's Adam Schefter and Kimberley A. Martin, Berberian filed a lawsuit in California on Friday for . Just ask Michael Vick what he thinks. Who would have thought Klein the old owner would be so sorely missed. Alex Spanos, longtime Chargers owner, dies at 95 The Chargers have emerged 33-28. breach of fiduciary duty and surcharge against dean spanos; 2. suspension and removal of dean spanos as co-trustee; 3. aiding and abetting breaches of fiduciary duty against michael spanos and steven cohen; 4. disqualification of michael spanos as successor co-trustee; and 5. an order instructing dea to refuse to agree to letters of intent. John oversees the teams football operations and A.G. heads the business side. Last year, Berberian filed a lawsuit attempting to force the sale of the family trust, including its stake in the Chargers franchise. Lawsuit was filed today in California and calls for Dean Spanos to be removed as a co-trustee. "Throughout this entire ordeal that was instigated without justification by my sister Dea Berberian, my brother Dean has been unfailingly respectful of me and of my wishes. Chargers' Dean Spanos Sued by Sister for Alleged Misogyny, Fiduciary Dea Spanos Berberian, is listed as an officer of another company. Conceivably if a judge agrees with Spanos Berberian, the possibility could arise, however fraught with large obstacles, of the franchise being sold. Chargers chairman Dean Spanos is being sued by two of his nephews who allege that he secretly diverted money from the family trust that owns the team. On the surface, Spanos Berberians claim of debt as a driving force to sell the team doesnt seem convincing. The lawsuit also lists multiple allegations of "breaches of fiduciary duty" by Dean Spanos, who is accused of diverting $105 million from the trust to various debts. Do Not Sell or Share My Personal Information. Meet the Filthy Rich Spanos Clan | San Diego Reader The Spanos brothers, her lawsuit argues, "believe to their cores that, regardless of what their parents intended and their wills specified, men are in charge and women should shut up. I agree to receive the "Pick Six Newsletter" and marketing communications, updates, special offers (including partner offers), and other information from CBS Sports and the Paramount family of companies. To characterize Dean as somehow being less than fully respectful of the women in our family is just not right, Ruhl continued. Berberian accuses brothers Dean and Michael of repeatedly acting "out of their deeply-held misogynistic attitudes and sense of entitlement as the men in the family and to rationalize their pitiable behavior which she believes is intended to teach her that a woman has no rights, no matter what any trust instrument might say." However, theres still reason to believe this could become a sticky situation for the Spanoses. The petition by Dea Spanos Berberian, who serves as co-trustee of the family trust along with her brother, alleges the trust's debts and expenses exceed $353 million. He still almost lost two balls. It is unfortunate that our sister Dea, who clearly has no interest in continuing to participate in the familys businesses, has resorted to leveling false and provocative charges in an attempt to impose her will on the rest of the family, they say in the statement. owner of the San Diego Chargers, formed Spanos Berberian Winery, LLC. The NFL has declined comment on the matter. The remaining 4% of the franchise is owned by other parties outside of the Spanos family. Former US AG Eric Holder tabbed to arbitrate Chargers ownership dispute Dea and Dean Spanos, as co-trustees, have a common goal of wanting to be on solid legal ground. Together, Ron and Dea, are dedicated to enhancing the experience of visiting Bell Wines and offering the best quality of their award-winning wines. When the Chargers moved to Los Angeles in 2017 after 56 seasons in San Diego, they faced the daunting task of paying off a $650 million relocation fee to the NFL and building a fan base in a market crowded with college and professional sports. Alexander Gus Spanos (September 28, 1923 - October 9, 2018) was an American billionaire real estate developer, founder of the A. G. Spanos Companies, and the majority owner of the San Diego / Los Angeles Chargers of the National Football League (NFL). Spanos, Berberian and their two other siblings team vice chairman Michael Spanos and Alexis Spanos Ruhl each individually own 15% of the Chargers. While Forbes valued the Chargers at $2.6 billion last year, Berberians petition described the team as a rare trophy asset and noted that the price a buyer is willing to pay is often not dictated by any economic metric. The NFL recently finalized massive new media rights deals that could be worth more than $10 billion per year, something the filing asserts will certainly attract potential buyers., The petition noted reports that Amazon.com founder Jeff Bezos, worth an estimated $180 billion, is interested in becoming an NFL owner and said the Chargers could be a perfect opportunity.. If there is a significant tax risk on the horizon, an issue the L.A. judge and the Spanos family lawyers may have to sort out is whether waiting to sell the team is a violation of fiduciary responsibility. San Diego did not actually justified the compliments on the ground. The Spanos family owns 96 percent of the Chargers franchise, and a four percent stake belongs to holdovers from the Eugene Klein ownsership group. The filing was made this week in San Joaquin County Super Court by Dea Spanos Berberian, Dean's sister. Aztecs to honor 8 on Senior Night against Wyoming, but are all of them leaving? That is the precedent Berberian argues the court should follow. Spanos-Berberian Wine Company, LLC in Stockton, CA . Ron Berberian - This house will exist In the context of very weak AFC West, San Diego has no right to miss the playoffs. Adam Schefter on Twitter: "Dea Spanos Berberian claims in her lawsuit The petition was filed by Dea Spanos Berberian, who serves a co-trustee of the family trust with Chargers owner Dean Spanos.