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Nov 29, 2021 - 6:45:32 AM
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2448 posts since 6/19/2014

The last one was ten years ago and this is only the sixth time since 1923 that you can buy shares in the Green Bay Packers. Anybody up for this? $300 a pop, but it entitles the holder of the share or shares to run for the Board of Directors and have a say in the management of the team.

Nov 29, 2021 - 6:57:53 AM

10659 posts since 8/22/2006

I did like the game last night. Owning stock in a football team might be a nice but expensive Christmas Present for someone. Anyway I’m beginning to like Aaron Rodgers’ quarterback play. Knows how to manage the situation in front of him.

Edited by - 5B-Ranch on 11/29/2021 07:04:35

Nov 29, 2021 - 7:14:07 AM

7361 posts since 9/5/2006

i wonder if you bought shares, would it cut down on the 25 year wait for tickets ?

Nov 29, 2021 - 2:25:53 PM

12835 posts since 1/15/2005

quote:
Originally posted by 1935tb-11

i wonder if you bought shares, would it cut down on the 25 year wait for tickets ?


Yeah ..... that would be great .....own a football team and not even be able to get tickets!

** wonder how much ownership $300 would get you

Nov 29, 2021 - 2:43:34 PM
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Banjo Lefty

Canada

2448 posts since 6/19/2014

quote:
Originally posted by BanjoLink
quote:
Originally posted by 1935tb-11

i wonder if you bought shares, would it cut down on the 25 year wait for tickets ?


Yeah ..... that would be great .....own a football team and not even be able to get tickets!

** wonder how much ownership $300 would get you


There are over 5 million shares outstanding.  This offer is for 300,000 additional shares.  So $300 gets you one in 5,300,000.  However, you should take into account that corporations can't own shares, only real live people, and no one individual can own more than 200 shares.  For your $300, you'll get invited to the Annual General Meeting (where they do a good dinner, and give out lots of Green Bay swag), you get to vote for the Board of Directors (and you can run for a seat if you have a mind to manage a pro football team).  You can leave your shares to any family member in your will, and you'll have bragging rights whenever you get together with other football fans who support other teams.  Green Bay is the only team in professional sports that is community owned.

Nov 29, 2021 - 2:54:10 PM
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KCJones

USA

1547 posts since 8/30/2012

They're not real shares of stock, they can't be transferred except under very limited circumstances. They have no real value and they're not regulated by the SEC at all. They don't give the shareholder actual power in the management of the team.

I'd say that a true Packers memorabilia collection is incomplete without a stock certificate. But beyond that, it's meaningless. $300 is certainly not the most expensive Packers swag I've ever seen. I know guys that spend double that on jerseys every year.

Nov 29, 2021 - 3:01:04 PM

Owen

Canada

10051 posts since 6/5/2011

I'm not up on the intracicies, but ......these sites refer to the Sask. Roughriders and the Edmonton Elks as being "community/shareholder owned." https://sportsteamhistory.com/saskatchewan-roughriders    https://en.wikipedia.org/wiki/Edmonton_Elks   BUT there's also reference to "three community owned teams" so I'm guessing/wondering/???  whether they're still counting The Blue Bumblers in there too.

Nov 30, 2021 - 9:06:08 AM

Banjo Lefty

Canada

2448 posts since 6/19/2014

quote:
Originally posted by KCJones

They're not real shares of stock, they can't be transferred except under very limited circumstances. They have no real value and they're not regulated by the SEC at all. They don't give the shareholder actual power in the management of the team.

I'd say that a true Packers memorabilia collection is incomplete without a stock certificate. But beyond that, it's meaningless. $300 is certainly not the most expensive Packers swag I've ever seen. I know guys that spend double that on jerseys every year.


That's not entirely true.  The stock does give the holder a vote, one per share.  It's not a lot of power, granted, but it's not nothing.

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