why did dean spanos move the chargers?

submitted . Related Videos My opinion is that the Spanos family is disliked in San Diego because they were unhappy with the Q in Mission Valley and the deal they got from the City where the City made up the difference in ticket revenue between a certain level of attendance and the guaranteed attendance. San Diego wouldn't fund publicly at a level Spanos could afford and imo if Mark Davis could afford Vegas, Dean Spanos could have as well. Dean Spanos has long been a terrible owner. The Chargers have been basically on the road since Spanos signed their moving papers from a city that loved them. of the organization. Chargers owner Dean Spanos announced Thursday his team . While I and many others may detest the campaign waged by Mark Fabiani on behalf of the Spanos family, it's pretty evident that the move to Los Angeles makes perfect sense for the Chargers. The 35- page . He bought controlling interest in the Chargers for about $50 million from Gene Klein in 1984. Later in the day, he explained how he reached the decision and what he hopes for in the future. 20. The Los Angeles Chargers had a worse week than you did. The devastated fans in San Diego have no use for him, and the residents of L.A. who already have dedicated rooting interests in other teams are not thrilled about the arrival of yet another underachieving NFL franchise on their doorsteps. My opinion is that the Spanos family is disliked in San Diego because they were unhappy with the Q in Mission Valley and the deal they got from the City where the City made up the difference in ticket revenue between a certain level of attendance and the guaranteed attendance. Spanos had until Jan. 17 to exercise the option to move to Los Angeles, where the franchise was founded and played one season in 1960. It's going to be a process, but the fans will see that we're working together. The Spanos family now . The stake in the Chargers makes up 83% of the . Spanos had until Jan. 17 to exercise the option to move to Los Angeles, where the franchise was founded and played one season in 1960. Owner Dean Spanos . A.G. Spanos serves as president of business operations and John Spanos is president of football operations. In English, this means that Dean Spanos will retain an investment banker after 2024 to locate a potential buyer for the 36-percent of the team held in trust for the four Spanos family members. That's the most important thing. Stan Kroenke, L.A. Rams owner. Roger Goodell: Chargers 'did everything they could' to stay in San Diego. This, naturally, produced a . Philip Rivers / Lachlan Cunningham/Getty Images. By Des Bieler | The . I'm about to puke. Shortly after news broke that Chargers minority owner Dea Spanos Berberian is going to court to try to force the sale of the team, her three siblings jointly released a statement saying they are . The allegations leveled by the sister of Chargers owner Dean Spanos in a Thursday court filing are stunning and sobering. That idiot the Spanos hired as a consultant fucked up every deal that got close. Dimitri and Lex Economou, Spanos' nephews, sued him . Chargers owner Dean Spanos did the corporate equivalent of taking his ball and going home Thursday, bolting for Los Angeles because San Diego residents had. The petition by Dea Spanos Berberian, who . Dean Spanos, owner of the Los Angeles Chargers, stands on the sidelines before their game against the Denver Bronsos at Broncos Stadium at Mile High on Dec. 30, 2018 in Denver. Kirby Lee-USA TODAY Sports. Many were shocked by the move and so far, they have failed to make an impact in their new home. There are a lot of shit bag owners far worse than Spanos throughout the NFL. The vision was for a vibrant sports and entertainment district unique to San Diego. January 12, 2017 8:47am. He became the president of the San Diego Chargers in 1994 and during . The decision to relocate was a difficult one for Chargers owner Dean Spanos, according to ESPN 's Adam Schefter, but with no stadium resolution in sight, and the Rams already a season into their. In November, voters shot down Spanos's last offer by 53% to 47%. Link icon Copied! After Alex Spanos and his wife, Faye, died in 2018, Dean Spanos, the oldest of the four children, and Berberian were left as the sole co-trustees. According to the report, despite multiple efforts made by city officials throughout the years to keep the team in San Diego, Chargers owner Dean Spanos had decided as early as 2006 that the team . It's official: The Chargers are relocating from San Diego to Los Angeles. BOSTON (CBS) -- The San Diego Chargers are no more. Jan 29, 2016 at 11:00 AM Chargers Chairman of the Board Dean Spanos announced that the Chargers will remain in San Diego in 2016 as they work toward a stadium solution. Chargers owner Dean Spanos couldn't get the stadium deal he wanted in San Diego, . Are some people still in denial? 0 Comments. for Los Angeles in 2017. Spanos: "I think that will be through time, obviously. On Nov. 24, 2021, the St. Louis Regional Convention and Sports Complex Authority, the city of St. Louis and St. Louis County agreed to a $790 million settlement with the NFL, resulting from a suit . Nov 11, 2019. sombreros strike back. 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. Photo by Chris Stone. They moved to Los Angeles so they could play in a brand new $5-billion stadium in the country's second-biggest media market. Funny thing is they changed but the Spanos' moved anyway. Sources say he vacillated between staying in San Diego and . During his tenure as . The Spanos family now . Tweet. It's official: The Chargers are relocating from San Diego to Los Angeles. He bought controlling interest in the Chargers for about $50 million from Gene Klein in 1984. I still kinda don't get the hate he gets outside of Charger fans. By the time we started voting on a new stadium the locals were done with the Spanos Family. The move to LA was the quickest and most effective way for Dean Spanos to increase the value of the Chargers franchise without actually improving the product on the field. Viral. Well I'm patient enough. They are basically without a home, which is fitting for how Spanos has run things. Why are the Los Angeles Chargers and Dean Spanos hated in San Diego? The Chargers went 12-4 last year and toward the end of the season, more fans were starting to attend games. The move. In fact, given everything that went down during Week 10 of the 2019 NFL . Chargers owner Dean Spanos announced the decision in a letter released by the team while informing his staff about the . Also question is, what happened to the Chargers coach? Considering this, how much is the Spanos family worth? Question: The Chargers have announced that they'll be staying in San Diego for 2016. The Chargers have one of the most unique ownership setups in the NFL. Dea Spanos Berberian, the sister of Los Angeles Chargers owner Dean Spanos, filed a petition in L.A. Superior Court on Thursday in a bid to force a sale of the team.. The move to LA was the quickest and most effective way for Dean Spanos to increase the value of the Chargers franchise without actually improving the product on the field. 0 comments. The San Diego Chargers are no more. do not mix guys. Chargers owner Dean Spanos on his team potentially moving to London: "It's total f—kin bullshit. On January 12, 2017, Lynn was hired to become the new head coach of the Los Angeles Chargers, the same day that owner Dean Spanos announced that the Chargers were relocating from San Diego to Los Angeles. Dean Spanos and the Chargers officially have departed for Los Angeles. Trending Videos. The question on the minds of many Chargers fans - why would Dean Spanos pay so much money to move the team to Los Angeles? The people of San Diego won by losing. Team owner Dean Spanos wrote a letter on Thursday, making official the franchise's move north, where they'll . Nutt Milk. Spanos purchased 60 percent of the Chargers in August 1984 from majority owner Eugene Klein for $70 million, the culmination of a lifelong dream to own an NFL franchise. Dean's nephews, Dimitri and Lex Economou -- beneficiaries of the trust that owns a portion of the NFL team -- have accused Spanos of secretly changing the trust, screwing them out of boatloads of. I don't get why anybody with no attachment to San Diego would care. The two say that Spanos has been changing their trust which has cost them a lot of money. Plus, the Spanos family is wagering that the move won't push away every fan in San Diego. Next Posts. The league's $550 million relocation fee that Spanos would need to spend to move to L.A. might have been better invested in a new stadium in San Diego, where the Chargers would collect most of the . Now their owner reportedly is dismissing a story on The Athletic that says they might be on the move again -- to London. Dean Spanos took a drastic step with his father's legacy in January, moving the Chargers to Los Angeles after 56 seasons in San Diego and leaving fans seething in a place he called home . Dean Spanos, co-owner of the Los Angeles Chargers , is mired in a family dispute that has prompted another court battle. The Chargers will move to LA unless we give the team a plan to subsidize the stadium with at least $500 million in public money without the risk involved in waiting for a real estate development to come together and it has to be fully approved much sooner than ever imagined. Sources say he vacillated between staying in San Diego and . According to the Chargers, the strange economics of the NFL wouldn't have . The whole LA Move thing was necessitated because of the need to offset INHERITANCE TAXES when Alex passed. Who owns the Charger? Therefore, Eric Williams who covers the Chargers for ESPN has more. They're not going to pull the plug on that months before the stadium opens. That idiot the Spanos hired as a consultant fucked up every deal that got close. By Richard Wade @RichardWade Jan 13, 2017, 6:50pm PST. Stan Kroenke, L.A. Rams owner. The Chargers didn't move from San Diego to Los Angeles hoping to reverse the trend of opposing fan takeovers. China's Richest. When they see that, I think that will help build the trust." He so perfectly looked and sounded the part of . Perhaps the most eye-opening part of the document is the included signed letter from Spanos to his . Nearly four decades ago, the family patriarch, Alex Spanos, purchased a majority interest in the San Diego Chargers for $40 million. Susie Spanos. The whole LA Move thing was necessitated because of the need to offset INHERITANCE TAXES when Alex passed. The mayor's response was described as curt. Each of his four adult children — Alexandra Spanos Ruhl, Michael. 0:41. . Spanos on Chargers move Dean and John Spanos discuss the decision to move the Chargers to Los Angeles. India's Richest Lynn's hire was confirmed by the Chargers one day later on January 13 the team's website. -- The Los Angeles Chargers announced the death of team owner Alex Spanos on Tuesday. This contention has been characterized as a broader intention to sell the team. Share. The document, which aims to force a sale of the team, paints a bleak picture of the family finances and internal conflicts. The claim is this: Dean Spanos has promised to hire an investment banker after the 2024 season to find a buyer for the team. A new San Diego Union-Tribune column suggests that ex-Chargers fans . For the want of free money that was never going to come, Spanos will move his team to a 30,000-seat soccer stadium in Carson . The most contentious issue among NFL owners right now is who should pay how much of the NFL's stunning-in-its-excess $790-million settlement with the city of . Ratto says: The team most likely to leave Los Angeles in order to move to Los Angeles. In an attempt to force the sale of the Chargers, a sister of controlling owner Dean Spanos filed a petition in Los Angeles County Superior Court on Thursday. Spanos family quarrel is another setback for Chargers in L.A. Dean Spanos is pictured at a 2019 Chargers game. I feel there isn't another city in the US that would even publicly fund at that level. His sister has filed a court petition arguing that debt has imperiled the family's. Click to read more on it. (CNN) The Chargers moved to Los Angeles from San Diego before the 2017 NFL season. John Spanos is director of football operations and his brother, A.G., helps oversee the team's business endeavors. Chargers Chairman Dean Spanos and San Diego Regional Chamber of Commerce President shake hands after the . Outside of the die hard fans and those particularly pissed at Spanos, a good portion will remain loyal to the team if they move.

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why did dean spanos move the chargers?