Chargers Owner Accused by Sister of Fiduciary Mismanagement
Alex Spanos bought the San Diego Chargers in 1984 and Dean Spanos took over managing the franchise in 1994.
According to the trust’s financial statements, debts totaled over $358 million as of Dec. 31, with debt service and expenses of at least $11 million per year. The trust’s stake in the Chargers makes up 83% of its holdings.
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