Detroit Pistons owner Tom Gores has a deal in place to purchase 27 percent of the Los Angeles Chargers, per Ben Fischer of the Sports Busines Journal.
Detroit Pistons owner Tom Gores has a deal in place to purchase 27 percent of the Los Angeles Chargers, perFinal approval of the deal from NFL owners is expected to transpire next month. The NFL finance committee was debriefed on the Gores transaction earlier this week. The final action of the deal is scheduled to take place when NFL owners meet in Atlanta on Oct. 15-16.
Spanos Berberian gave up her efforts to force a sale of the entire team and pivoted her focus to exiting her own stake in the Chargers. Talks with Clearlake Capital Group co-founders Behdad Eghbali and Jose E. Feliciano fell apart last year partially because of issues with control of the team. Additionally, Gores would acquire a percent each from Dean Spanos, Michael Spanos, and Alexis Spanos Ruhl.
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