Spanos family is no longer actively seeking a buyer

Rapid Reports exclusive: The Spanos family is no longer actively seeking a buyer for Alex Spanos’ 35 percent minority share of the team, according to Mark Fabiani, who is special counsel to Chargers’ president Dean Spanos. The decision not to seek a buyer at this time is in large part due to the two-year extension of the Bush tax cuts – CBS Rapid Reports

What does this mean? Does this mean that we are not moving to Los Angeles?

It sounds like AEG and their group are not able to buy part of the Chargers at this time and move them to Los Angeles. If the Chargers move to LA, it would be Dean Spanos’ decision.

I wish San Diego could just build a new stadium and keep the Chargers around!

Topics: Dean Spanos

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