STOCKTON, Calif. (AP) -- Alex Spanos, who used his fortune from construction and real estate to buy the Chargers in 1984, has died. He was 95.
The team announced in 2008 that Spanos was suffering from dementia. He eventually stopped attending games.
The son of Greek immigrants, Spanos was a self-made millionaire. He bought controlling interest in the team for approximately $50 million from Gene Klein in 1984. He eventually bought all but the 3 percent that was held by George Pernicano.
"The Los Angeles Chargers and the National Football League have suffered a great loss in the passing of Alex Spanos," the New Orleans Saints said in a statement.