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Billionaire Tom Gores to buy 27% of the LA Chargers

Billionaire Tom Gores buys 27 percent of Chargers, ends sibling squabble

Private equity mogul Tom Gores purchased a 27 percent stake of the Los Angeles Chargers from the Spanos Family, the NFL confirmed on Thursday.

CNBC on MSN · 1d

Billionaire Tom Gores to buy 27% of the LA Chargers for $750 million

Gores is buying in at an enterprise value of $4 billion, more than a 30% discount to the team's value of $5.83 billion, according to CNBC's 2024 rankings.

NBC Sports on MSN · 2d

Owners approve Pistons owner Tom Gores as minority owner of Chargers

The Raiders weren't the only AFC West team to get a new minority owner on Tuesday. The NFL also approved the effort of Detroit Pistons owner Tom Gores to acquire a large chunk of the Chargers. The sale resolved a longstanding family feud over the future of the franchise,

Dailymotion on MSN · 8h

Private Equity Billionaire Tom Gores To Buy 27% Stake In Chargers For $750 Million

Private equity billionaire Tom Gores has agreed to purchase a 27% stake in the Los Angeles Chargers for $750 million, valuing the team at $4 billion. This represents a discount of over 30% from its reported value of over $5 billion.

2don MSN

Tom Gores’ purchase of a 27% stake in the Los Angeles Chargers is approved by NFL team owners

Tom Gores' purchase of a 27% stake in the Los Angeles Chargers was approved by NFL team owners on Tuesday during the league’s ...

San Diego Chargers2d

Joint Statement on NFL's Approval of Tom Gores as Los Angeles Chargers Limited Partner

It's a privilege to join the Chargers ownership group and become part of the NFL. I have great respect for Dean's leadership ...

Sports Business Journal13h

Report: Gores' Chargers minority stake purchased at 'more than' 30% discount

Detroit Pistons owner Tom Gores has agreed to pay $750M to buy 27% of the L.A. Chargers at an enterprise value of $4B.

1don MSN

NFL Backs Sale of Stake in Chargers to NBA Owner Gores, Ending Spanos Skirmish

Tom Gores' purchase of a 27% stake in the Los Angeles Chargers was approved by NFL team owners on Tuesday during the league's fall meetings.

NBC Sports2d

Los Angeles Chargers

The entire Los Angeles Chargers family welcomes Tom Gores to our team.” Permanent isn’t really the right word. At some point, the team will be held by someone other than the three named ...

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