Chargers remove 36-percent share from market - Football Forum - NFL, CFL & College Football Forums
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Old 06-12-2011, 07:08 AM   #1 (permalink)
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Chargers Chargers remove 36-percent share from market

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At a time when AEG claims to be looking for a team to buy, one of the potential candidates for purchase has removed the portion of the team that was for sale from the shelf.

According to the Associated Press, the Chargers have ended an arrangement with Goldman Sachs to find someone with a sufficient sack of gold to buy 36 percent of the franchise.

Chargers special counsel Mark Fabiani, who moonlights as Lance Armstrong’s mouthpiece, said that the extension of the George W. Bush tax cuts for two years made it unnecessary, for now, to raise money for payment of estate taxes upon the passing of 87-year-old owner Alex Spanos.

Of course, none of this means that the Chargers absolutely won’t move to Los Angeles. Instead, it means only that AEG won’t be buying, at least for now, the 36-percent share that had been on the market.
http://profootballtalk.nbcsports.com...e-from-market/



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