The Los Angeles Chargers experienced a sporty upheaval with a new coaching staff in the previous season. However, the NFL team is now in a sporty way in calmer career. From the course of the square, however, further shares in the club are now to be sold.
As the “New York Times” reports, the Los Angeles Chargers submitted an application to sell eight percent of the team to a private investment company called “Arctos”.
According to its own website, “Arctos” already holds shares in several US sports teams such as the Golden State Warriors, the Los Angeles Dodgers, the Chicago Cubs and also the Buffalo Bills.
The League Finance Committee has already dealt with this case and nodded the transaction. Accordingly, the last rest of the hurdle is only the Spring League Meeting in Minneapolis, where the team owns will decide on this case next week.
Should the deal go through in the end, Chargers-Oeder Dean Spanos and his family still have 61 percent of the shares and thus continued control over the Chargers. It was only last year that Spanos’ sister Dea Spanos Berberian sold her entire 24 percent shares to businessman Tom Gores, who secured a total of 27 percent of Chargers at the time.
NFL: No isolated case
The Chargers are no exception with their approach, because since August 2024 there have always been share sales at the NFL teams.
At the time, the NFL approved the sale of up to ten percent of the shares in private equity companies, i.e. capital participation companies.
The San Francisco 49ers also want to make a certain proportion. Team Owner Jed York is likely to separate almost six percent of its shares. Here, too, the approval by the other NFL-Owers is still missing.