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 in Atlanta.

Gores, 60, has a net worth of $11.8billion. In 1995, he founded Platinum Equity, which has its headquarters in Beverly Hills.

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 in Atlanta.Gores, who also owns the NBA's Detroit ...

Detroit Pistons owner Tom Gores has agreed to purchase a 27% stake in the Los Angeles Chargers, two people with knowledge of the deal told The Associated Press on Friday. Sports Business Journal ...

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 in Atlanta. Gores, who also owns the NBA’s ...

Phoenix Suns owner Mat Ishbia, left, meets with Detroit Pistons owner Tom Gores before the NBA preseason basketball game, Tuesday, Oct. 8, 2024, in East Lansing, Mich. (AP Photo/Carlos Osorio) Tom ...

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 in Atlanta. Gores, who also owns the NBA's Detroit Pistons, ...

Gores’ purchase comes after NFL owners on Sept. 1 approved allowing private equity funds to buy stakes in teams. However, this is a purchase by Gores and not affiliated with Platinum Equity. Despite ...