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Chargers stake off the market

Updated: June 10, 2011, 8:12 PM ET
Associated Press

LOS ANGELES -- San Diego Chargers owner Alex Spanos is no longer looking to sell at least part of his stake in the NFL franchise, a team official said Friday.

The Spanos family terminated a deal with Goldman Sachs Group Inc. in March to find a buyer for some or all of Spanos' 36 percent stake in the team, Chargers spokesman Mark Fabiani said.

Reports that shares in the team were being shopped around last year set off speculation that the franchise, which has been struggling to have ...

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