I seriously doubt Saban is on the hook for more than he has already invested. Spinosa appears to have guaranteed the enterprise's debt personally. Saban's advisors would never let him do that.
The later filing lists an LLC as the sole general partner, which is the standard structure for this type of investment. Who knows what wnet on, but I wouldn't be surprised to discover that when you get to the bottom of it, it turns out to be something like Saban is a GP in a partnership which is, in turn, a limited partner, and somebody screwed up their reporting.
This post was edited on 2/9 at 11:31 am