Chargers owner Dean Spanos accused by sister of fiduciary mismanagement

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Chargers owner Dean Spanos accused by sister of fiduciary mismanagement
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In the filing, Berberian accuses Michael and Dean Spanos of acting “out of their deeply-held misogynistic attitudes and sense of entitlement as the men in the family.” and believing that “men are in charge and women should shut up.'

Dean Spanos, Michael Spanos and Alexis Spanos Ruhl issued a statement saying they are united in continuing ownership of the team.

Dean Spanos and Berberian were left as co-trustees of the trust following the deaths of Alex and Faye Spanos in 2018. 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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