Peter Angelos’ wife Georgia on Wednesday became the latest and arguably most crucial voice to weigh in on the side of her son, John Angelos, as the head of the Orioles, pushing back against a lawsuit filed last week by her other son.
With family patriarch and O’s owner Peter Angelos ailing and no longer managing his holdings, Louis Angelos, 52, sued his older brother and mother last week over what he said were John Angelos’ efforts to seize control of the team and other assets.
But in a statement the Orioles released Wednesday, Georgia Kousouris Angelos asserted her role as the voice of her husband and cast support to older son John, 54.
“I, alone, have the authority to manage the family’s assets and make decisions,” Georgia Angelos said.
“Since I appointed John Angelos as chairman and CEO of the Orioles in 2020, he has led the organization thoughtfully and effectively, including through unprecedentedly challenging times,” the 80-year-old family matriarch said. “John has my full faith, as well as the trust and confidence of Major League Baseball.”
Peter Angelos, now 92, had designated his wife to act on his behalf, according to a power of attorney transfer that was among the documents Louis Angelos included when he filed his lawsuit. The document, signed in October 2017 as Peter Angelos’ health began deteriorating, said that should his wife no longer be capable of managing her affairs, the power of attorney would go to the couple’s two sons, acting “jointly or separately.”
In the lawsuit filed in Baltimore County Circuit Court last Thursday, Louis Angelos said his mother wanted to sell the Orioles, adding credence to a rumor that has long swirled around the team, particularly in the wake of Peter Angelos’ exit from its helm.
The lawsuit said John Angelos “has done everything in his power to stall and, ultimately, thwart plans to sell the club,” single-handedly torpedoing “one highly credible group of buyers.”
The suit reinforced another rumor with an inference that John Angelos’ consolidation of control over the team could allow him to move the team to Tennessee, where he lives in Nashville with his country music singer-songwriter wife.
But on Monday, John Angelos denied the Orioles were going anywhere. In a statement also released by the team, John Angelos repeated a prior assertion that the O’s will remain in Baltimore “as long as Fort McHenry is standing watch over the Inner Harbor.” The statement was silent on the subject of selling the team, as it was on the fact that his brother had sued him.
But Georgia Angelos’ statement began by denouncing “the false and painful claims that have been alleged in the lawsuit that my son, Louis, has brought against me and my older son, John.
“I want to set the record straight,” she said.
Additionally, the Maryland Stadium Authority, the team’s landlord at Camden Yards, told The Baltimore Sun that it recognized John Angelos as the team’s CEO. Citing their “excellent working relationship,” the authority said it was continuing negotiations with John Angelos on a …read more
Source:: The Mercury News – Entertainment