The suit alleges, while Dean and Dea are the co-trustees, Michael has been misrepresenting himself as a trustee and the brothers have attempted to freeze their sister out of the trust’s decision-making process because Dean and Michael “… believe to their cores that, regardless of what their parents intended and their wills specified, men are in charge and women should shut up.”
Berberian also alleges the trust is in such bad shape it’s unable to make good on $18 million in charitable pledges to multiple universities, hospitals, and religious organizations. Berberian likely sees the sale of the NFL team as the best way to pull the family trust out of financial turmoil.
Now, the question most Chargers fans will have is, of course, could this result in the Bolts moving back to San Diego? The Chargers are estimated by Forbes to be worth $2.6 billion, but since the Denver Broncos are reportedly about to sell for $4.6 billion the Chargers would likely go for closer to $3 billion.
If an owner wants to move the team back to America’s Finest City they’d have to either add on to Snapdragon Stadium, expanding it to around 55,000 seats, or find a place to build a new stadium. That’s another $500 million minimum, along with a new practice facility for a few hundred million. Then there’s the relocation fee, which was $650 million for the Bolts to go to L.A. If the NFL is not willing to waive or at least drastically reduce that fee a new owner would be looking at $4.
They can stay in LA for all I care. Sell the team to a worthy owner and relocate somewhere else if needed. Maybe Missouri would be a great home for them.
Private jet for a haircut I'll take care of the next one... just give me a bowl.
Dirty Dean
Factual error in above article as NBC7 says the Chargers 'belong in San Diego'.