Berberian argues that her brothers have pursued a campaign to punish, belittle and humiliate her in retaliation for speaking against their management of the family trust. More:Faye Spanos: A wonderful person, a wonderful life, More:Whos who of civic, sports leaders bid farewell to Alex Spanos, Photos: Remembering the life, legacy of Alex Spanos. ", The families of Dean, Michael and Alexis Spanos Ruhl have since rebutted Berberian's claims in a statement issued to CBS Sports via Mark Fabiani, special counsel for the Chargers: "It is unfortunate that our sister Dea, who clearly has no interest in continuing to participate in the family's businesses, has resorted to leveling false and provocative charges in an attempt to impose her will on the rest of the family. Alex Spanos bought the San Diego Chargers in 1984, and Dean Spanos took over managing the franchise in 1994. CNN Los Angeles Chargers owner and chairman Dean Spanos is being sued by his sister and team co-owner Dea Spanos Berberian, who's accusing him of "misogynistic" behavior and repeated. Spanos, Berberian and their siblings Michael Spanos and Alexandra Spanos Ruhl each own 15% of the Chargers franchise, with 36% managed by the family trust and the remaining 4% owned by non-family . And that ultimately may be why this lawsuit was filed. In the petition, Berberian accuses her brothers Dean and Michael of repeatedly acting out of their deeply-held misogynistic attitudes and sense of entitlement as the men in the family 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., It also states that Dean and Michael believe to their cores that, regardless of what their parents intended and their wills specified, men are in charge and women should shut up., In a statement issued Friday by the families of Alexis Spanos Ruhl, Michael Spanos and Dean Spanos, they said: 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. -> Created for Dea Berberian, Ron Berberian. The league is just four months into its first full year of a collective bargaining agreement that runs 10 years and will allow for a 17-game season and expanded postseason in 2021. 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. To characterize Dean as somehow being less than fully respectful of the women in our family is just not right.. "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. The petition was filed by Dea Spanos Berberian, who serves a co-trustee of the family trust with Chargers owner Dean Spanos. She has been the co-owner of the Los Angeles . 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But the 156-page filing raises questions about the future of the franchise owned by the Spanos family since 1984 and reveals a family dispute that until now had played out in private. 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. Meanwhile the Chargers (9-7), whose season was marked by inconsistency and injuries, did well. The value of the trusts assets would seem to far exceed the debt. Alex Spanos was an American billionaire who primarily worked as a real-estate developer and founded 'A.G. Spanos Companies.'. Dea Spanos Berberian has filed another lawsuit aimed at wresting control of the NFL franchise the family owns. Beyond the 36% owned by the trust, Spanos, Berberian and their siblings, Michael and Alexis , each own 15% of the Chargers, with the remaining 4% belonging to non-family members. Dean Spanos and Berberian are the sole co-trustees. Chargers owner Dean Spanos attends the NFL team owners meetings in New York in October. The Spanos family owns 96 percent of the Chargers franchise, and a four percent stake belongs to holdovers from the Eugene Klein ownsership group. Berberian points to one instance where she said financials were manipulated to borrow more than $60 million for the wasteful purchase of an airplane for Deans and Michaels use that has no legitimate business justification, according to the lawsuit. That included mediation with a retired L.A. County Superior Court judge that didnt work. The Carolina Panthers on Friday announced they had hired Thomas Brown, the Rams assistant head coach last season, as their offensive coordinator. Her lawsuit, filed Thursday in San Joaquin County Superior Court, also. Spanos and Berberian were left as co-trustees of the trust after the deaths of Alex and Faye Spanos in 2018. Get the latest on L.A.'s teams in the daily Sports Report newsletter. 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. Dea Spanos Berberian, sister of Dean Spanos, has filed a petition in Los Angeles County Superior Court in an attempt to force the Spanos family to sell the Chargers. The lawsuit also states that Dean and Michael "believe to their cores that, regardless of what their parents intended and their wills specified, men are in charge and women should shut up.". Los Angeles Chargers owner Dean Spanos has been accused of "misogynistic" behavior, "self-dealing" and repeated "breaches of fiduciary duty" by his sister in a lawsuit that escalates the siblings' ongoing legal battle over control of the team. Spanos Berberian. Berberian agreed this week to allow the NFL to arbitrate that matter, according to the source. Los Angeles Chargers controlling owner Dean Spanos has already earned one victory this summer by getting his legal dispute with his sister, Dea Spanos Berberian, moved out of Los Angeles. The couple raised four children. All 2010 2007 Prices Profile Reviews Vintages Analytics 1 Price Compact view Set alert 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. Reviews (209) 473-6827. Is hard reset only way to salvage Jets QB dilemma? And he has been fighting, along with my brother Michael and me, to fulfill the wishes of our mother, Faye, relating to our family and our businesses. Neither Berberian nor Streisand responded to ESPN's requests for comment. Dean Spanos took over as managing owner of the Chargers in 1994, 10 years after his father bought the franchise. The families of Dean Spanos, Alexis Spanos Ruhl and Michael Spanos released a statement later Friday reaffirming their unity. With the NFL combine starting Tuesday in Indianapolis, here are five positions the Los Angeles Chargers might focus on during this offseason. Despite rumors to contrary and salary-cap concerns, Chargers general manager Tom Telesco declared star receiver Keenan Allen isnt going anywhere.. His plan is hope.. And then, getting way ahead of ourselves, if other large obstacles were surmounted, the Chargers could be relocated to San Diego, making Dea Spanos Berberian as popular here as Fernando Tatis Jr. Not happening, said Dean Spanos and his other two siblings. -> Created for Dea Berberian, Ron Berberian. She also alleges that Dean diverted $105 million from the trust to various debts, claiming he manipulated the trust to borrow over $60 million "for the wasteful purchase" of a private plane "that has no legitimate business justification." You must be logged in to leave a comment. It remains a remarkable campaign and has become one of the best quarterbacks in the league. Additionally, Berberian claims the Chargers move from San Diego to Los Angeles was financially ruinous and the family needs to sell to recoup the trusts debt. In a November 2019 letter included with the court filing, Dean Spanos vowed to his three siblings that he would retain an investment bank at the end of the 2024 season in an effort to find a new owner. What a crock. Here's everything we know, QB Young 5-10 1/8, 204 pounds at NFL combine, Sources: Patriots tell QB Hoyer he's being cut, Horns' Robinson: Versatility worthy of early pick, Jones: Not fixated on Cowboys' drought, just '23, Sources: Raiders plan franchise tag for Jacobs, WR Addison to Steelers' Pickett: 'Come get me', Wolverines' Turner wows with 4.26 40 at combine, Top QB prospect Levis eager to unleash 'cannon', Everything you need to know about Geno Smith's contract negotiations. A page was dog-eared for quick reference. Provided it is not disturbed by problems outside the sport, since he is suspected of beating his girlfriend. His father owned a small bakery. Spanos, Berberian and their two other siblings team vice chairman Michael Spanos and Alexis Spanos Ruhl each individually own 15% of the Chargers. Suddenly, San Diegans have a Spanos to root for. Los Angeles Chargers owner Dean Spanos at a game in 2019. It is not ca. In this desert, where three teams are rebuilding (Oakland, Denver and Kansas City), San Diego, this opens a boulevard. It underscored the importance that family played in his decisions. Dea Spanos Berberian says the reckless spending by her brother Dean, the team's controlling owner, has resulted in $353 million in debt for the family trust The budget shortfall is so bad,. 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? They now have an emerging superstar at quarterback in Justin Herbert and share the $5-billion SoFi Stadium with the Rams. The families of Dean Spanos, Alexis Spanos Ruhl and Michael Spanos released a statement later Friday reaffirming their unity. -> Site for Ron Berberian, Dea Berberian. Dean simply refuses to discuss it. And if Dea intends to sell her share of the team, they have the right to buy it under their right of refusal and they will do so. 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. Order Online Tickets Tickets See Availability Directions . And if it were accepted that the team must be sold to take advantage of favorable tax treatment under current law, selling a controlling stake would fetch the highest price and would align with fiduciary responsibility. Dean and Michael Spanos along with their sister Ruhl released a joint statement Friday, denouncing the actions of Berberian. SPORTS ILLUSTRATED is a registered trademark of ABG-SI LLC. The Chargers play their home games at Qualcomm Stadium. 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. 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. His sister has petitioned in an existing probate case to remove him as co-trustee of the team. This year, Berberian has filed a lawsuit seeking control over the trust . A trust established by the late Alex and Faye Spanos, the family patriarch and matriarch, who both died in 2018, accounts for 36 percent of ownership effectively giving each of their children another nine percent ownership share. 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. NFL Combine 2023: Colossal Richardson breaks QB records, Jackson Mahomes accused of assault at Kansas restaurant, NFL combine measurements: Full list of WR, TE numbers, Agent's Take: Rodgers' trade value, logistics, best fit, Ex-Patriots star McGinest facing 8 years in prison, Gould to test market, won't kick for 49ers in '23. The Chargers . The NFL intervened and asked to arbitrate the matter since it was a dispute among NFL owners, a source familiar with the case told CNN. The legal conflict involving the Spanos siblings came to light in April 2021, when Berberian petitioned the Los Angeles County Superior Court to put the trust up for sale because of growing financial concerns. -> Created for Dea Berberian, Ron Berberian. In addition, according.