Breaking News: Legal Turmoil Threatens Dean Spanos’ Control Over Chargers
In a stunning legal development, Dean Spanos, the controlling owner of the Los Angeles Chargers, is facing serious allegations from his sister, Dea Spanos Berberian. She has filed a lawsuit accusing him of repeated breaches of fiduciary duty and misogynistic behavior, escalating an ongoing family dispute over control of the franchise.
The lawsuit, filed in San Joaquin County Superior Court, seeks to remove Dean Spanos as a co-trustee of the family trust that holds a 36% stake in the Chargers. Berberian alleges that Spanos diverted $105 million from the trust to pay off personal debts and manipulated the trust to borrow over $60 million to purchase a private jet. These actions have reportedly led to a financial crisis, with the family incurring $358 million in debt, potentially forcing them to sell the team.
In response, Dean Spanos and his brothers, Michael and Alexis, have denied the allegations, calling them false and provocative. They maintain that they are united in their commitment to continue owning and operating the Chargers.
This legal battle has intensified scrutiny of Spanos’ leadership and could have significant implications for the future of the Chargers. The NFL’s involvement in resolving the dispute remains to be seen.
Stay tuned as this developing story unfolds.
