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Here you go Packer Fans!!

by walynut , Posted to Fishing Buddy on 12/06/2011 1:29 PM | "Quote" | "Quick Reply" |
walynut

Joined: 01/08/2003
Location: ND
All you diehard packer fans should jump on board with this and help your team out, shouldn't be a problem if you really love'em.

NEW YORK (MarketWatch) — The National Football League isn’t known for its sentimentality, but Tuesday’s stock offering by the Green Bay Packers shows that there’s still romance in the sport.

The Packers, whose Wisconsin hometown is the smallest of any club in big-league professional sports, have offered an initial 250,000 shares to raise funds for redevelopment of its Lambeau Field. Each share is priced at $250.

The sale is limited to 200 shares per person, an amount that includes shares bought in the team’s last stock offering, launched in 1997.

Owning Packers shares isn’t like holding stock in, say, General Electric Co. — they don’t pay dividends and can’t be sold or transferred (other than handed on to immediate family members). For Packers fans, the sale isn’t about profit making but helping their team and declaring their allegiance.

“It’s really a mutual declaration of love,” said Bob Boland, a professor of sports management at New York University’s Tisch Center and a former agent and sports attorney. “It’s a way for fans to help the Packers and at the same time the team letting them get to say they’re an owner.”

The Packers, defending Super Bowl champions and flying high at 12-0 this season, are unique among major American sports in being nonprofit and publicly owned. Before Tuesday’s offering, the franchise had roughly 112,000 stockholders owning about 4.75 million shares. The corporation is governed by a board of directors and a seven-person executive committee. No individual is allowed to own more than 200,000 shares.

The latest offering, set to run through Feb. 29, is Green Bay’s fifth, following offerings in 1923, 1935, 1950 and 1997. Proceeds from this year’s sale will help pay for a $143 million project to add seats and amenities to Lambeau.

While fans can’t expect to make money from their shares, ownership does bring some benefits, including an invitation to the franchise’s annual meeting and the chance to buy shareholder-only merchandise.

Boland contrasted the stock offering with other sports teams’ attempts to raise additional funds by issuing personal seat licenses, or PSLs.

At many new sports stadiums, PSLs costing thousands of dollars are required before fans can buy season tickets. In theory, PSLs can be sold on at a profit if the holder doesn’t wish to renew a season ticket, though Boland said his research has found only two franchises, the Toronto Maple Leafs and Chicago Bears, where PSLs were selling at a premium to their initial sale price.

“What the Packers are doing isn’t just a seat transaction,” he said. “The equity the team gives is way of saying, ‘I’m investing in my home town or my heritage.’ ”
 

Good Luck and Good Fishin'

Eric T
Re: Here you go Packer Fans!!
by Birdhunter81 on 12/06/2011 2:48 PM | Reply #1 | "Quote" | "Quick Reply" |
Birdhunter81
Joined: 10/10/2006
Location: ND
If there are any shares left to buy after the holiday's I will be buying one or two. Kinda strapped for cash right now with Christmas coming.

I joined the military not only to fight for my country but to fight for those that can't fight for themselves. Thats why I'm here.
Re: Here you go Packer Fans!!
by irighti on 12/06/2011 2:53 PM | Reply #2 | "Quote" | "Quick Reply" |
irighti
Joined: 11/20/2008
Location: ND
I am a proud owner! Go pack go
Re: Here you go Packer Fans!!
by walynut on 12/06/2011 2:54 PM | Reply #3 | "Quote" | "Quick Reply" |
walynut
Joined: 01/08/2003
Location: ND
Birdhunter81 Said:
If there are any shares left to buy after the holiday's I will be buying one or two. Kinda strapped for cash right now with Christmas coming.
"The latest offering, set to run through Feb. 29"

Should make you good!
 

Good Luck and Good Fishin'

Eric T
Re: Here you go Packer Fans!!
by johnr on 12/06/2011 2:56 PM | Reply #4 | "Quote" | "Quick Reply" |
johnr
Joined: 02/18/2004
Location: ND
Its kinda like buying a hunting lodge with some of your buddies, you all have a share of it, you can brag about owning it, however no one actually ever gets to use it, and you can never sell it.
the entire thing seems a bit cheese headed to me
 

If we're not supposed to eat animals, how come they're made out of meat?
Re: Here you go Packer Fans!!
by Allen on 12/06/2011 2:57 PM | Reply #5 | "Quote" | "Quick Reply" |
Allen
Joined: 01/09/2002
Location: ND
“It’s really a mutual declaration of love,” said Bob Boland


Sounds like something you would hear in a coversation about hookers.
“Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it.” ~ Mark Twain
Re: Here you go Packer Fans!!
by johnr on 12/06/2011 3:03 PM | Reply #6 | "Quote" | "Quick Reply" |
johnr
Joined: 02/18/2004
Location: ND


Be this guy?



Or this guy?
Its the age old question
 

If we're not supposed to eat animals, how come they're made out of meat?
Re: Here you go Packer Fans!!
by reddog on 12/06/2011 5:56 PM | Reply #7 | "Quote" | "Quick Reply" |
reddog
Joined: 10/14/2002
Location: ND
So its just a donation.  COOOOOOOL

 


"Any deer is a trophy, as long as its over 160 inches.  So if your not shooting 160 inch deer its not a trophy.  Don't don't fool yourself and say it is cause it isn't."  BT
Re: Here you go Packer Fans!!
by fowlattitude21 on 12/06/2011 6:09 PM | Reply #8 | "Quote" | "Quick Reply" |
fowlattitude21
Joined: 12/18/2010
Location: nd

Anybody who is not a packer fan may make fun of this....BUT the packers will add on to lambeau until they cant anymore to make room for all of us fans, and we sure as hell will not be in any conversation about moving to L.A.! HAHAHAHA!
2012 fish count-  140
Re: Here you go Packer Fans!!
by mitchkeller87 on 12/06/2011 8:04 PM | Reply #9 | "Quote" | "Quick Reply" |
mitchkeller87
Joined: 08/19/2007
Location: ND
 I bought a share today. I am a proud owner of my favorite team, GO PACK GO
Re: Here you go Packer Fans!!
by T-ROY on 12/06/2011 8:34 PM | Reply #10 | "Quote" | "Quick Reply" |
T-ROY
Joined: 11/22/2010
Location: nd
KIND OFF COOL IF YOU BLEED CHEESE.......
Re: Here you go Packer Fans!!
by reddog on 12/06/2011 8:51 PM | Reply #11 | "Quote" | "Quick Reply" |
reddog
Joined: 10/14/2002
Location: ND
When i heard this on radio i was thinking about buying.  Then I read that it will be worth absolutly nothing. 

Oh by the way I am selling shares on my pickup $50 a piece buy as many as you want.  Your share will be worth nothing now or in the future,  And you will have no rights to my pickup ever (unless you bring some beer).  But everytime I drive by you can stand proud and say "hey i own part of that pickup, lets go buy some beers and see what he is up to."

Oh and any pickup share holders will have first chance on my gun shares in the future.  Coming soon

 


"Any deer is a trophy, as long as its over 160 inches.  So if your not shooting 160 inch deer its not a trophy.  Don't don't fool yourself and say it is cause it isn't."  BT
Re: Here you go Packer Fans!!
by walleye101 on 12/06/2011 8:57 PM | Reply #12 | "Quote" | "Quick Reply" |
walleye101
Joined: 11/30/2002
Location: ND
Share bought, GO PACK GO!
Re: Here you go Packer Fans!!
by Meelosh on 12/06/2011 9:49 PM | Reply #13 | "Quote" | "Quick Reply" |
Meelosh
Joined: 05/26/2006
Location: ND
 If I were you, I would be angry that your favorite team swindled you. You have no say in the day to day of the team. You do not get a vote in a stockholder meeting. You make nothing on your investment. You don't even get a ticket to the addition they are making. You would have been better off spending that money on tickets.

"The only thing necessary for the triumph of evil is for good men to do nothing." -Edmund Burke‎

"The time at which I stand before you is full of interest. The eyes of all nations are fixed on our Republic. The event of the existing crisis will be decisive in the opinion of mankind of the practicability of our federal system of government. Great is the stake placed in our hands; great is the responsibility which must rest upon the people of the United States. Let us realize the importance of the attitude in which we stand before the world. Let us exercise forbearance and firmness. Let us extricate our country from the dangers which surround it and learn wisdom from the lessons they inculcate."


-Andrew Jackson, 2nd Inaugural address, 1833
Re: Here you go Packer Fans!!
by redeyes77 on 12/06/2011 9:58 PM | Reply #14 | "Quote" | "Quick Reply" |
redeyes77
Joined: 05/08/2008
Location: ND
all you haters are just mad cause when you spend money on your team you are paying for a roof repair, that gets done in mexico, or for a qb thats washed up. GO PACK GO
Because U Deserve What Every Individual Should Enjoy Reguaraly, backwards, Remember Every Solider In Every War Depended Upon Budweiser! -unknown
Re: Here you go Packer Fans!!
by Jay S on 12/07/2011 08:17 AM | Reply #15 | "Quote" | "Quick Reply" |
Jay S
Joined: 12/24/2003
Location: ND
Those of you making fun of this are short sighted to say the least.  I'm thinking it is a bit refreshing to ask the fans and beneficiaries of the team to step up and donate instead of the socialist version of demanding that taxpayers do it for them.  Talk about hookers....What a refreshing concept..... user pay! 

The arrogance of the present is to forget the wisdom of the past.
Re: Here you go Packer Fans!!
by brokenbackjack on 12/07/2011 08:19 AM | Reply #16 | "Quote" | "Quick Reply" |
brokenbackjack
Joined: 02/11/2002
Location: ND
If other teams fans had a chance to buy shares to their team they would do it in a heartbeat, or maybe not as most are only fans when they are winning!
I look at it as a donation and something to pass on to my kids and grandkids.  Heck, i have lost money on other stocks that i never got anything for and they went belly up.  At least the Packers stock will not go belly up ever!!!!!!
Re: Here you go Packer Fans!!
by walynut on 12/07/2011 08:40 AM | Reply #17 | "Quote" | "Quick Reply" |
walynut
Joined: 01/08/2003
Location: ND
WARNING IF YOU HAVE OR ARE GOING TO BUY THIS CRAP.

"The stock does not pay dividends or appreciate in value, and shareholders technically could be fined by the league for violating terms of NFL ownership. Shareholders could be fined up to $500,000 by league commissioner Roger Goodell for conduct detrimental to the welfare of the league -- including "publicly criticizing any NFL member club or its management" -- and up to $5,000 if they bet on the outcome of NFL games, according to the terms of the stock. "

Looks like those that are buying stock better not talk bad about the Vikings or any other team anymore!!!!!! And also no more betting!!!

http://finance.yahoo.com/news/packers-sell-400-000-stock-020546880.html;_ylt=Aqs2AptiRa.j.JXMRBXsIOeiuYdG;_ylu=X3oDMTQ0cmo5MTFrBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDZjMwMGJkZWEtN2IxNS0zMzg3LWIzNjItNDgyZjNkODdkMWNiBHBvcwM1BHNlYwN0b3Bfc3RvcnkEdmVyAzUwOGRhYmQwLTIwY2EtMTFlMS1iZmRhLTBjYzg2ODE0NWQyMg--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3
 

Good Luck and Good Fishin'

Eric T
Re: Here you go Packer Fans!!
by Meelosh on 12/07/2011 08:44 AM | Reply #18 | "Quote" | "Quick Reply" |
Meelosh
Joined: 05/26/2006
Location: ND
walynut Said:
WARNING IF YOU HAVE OR ARE GOING TO BUY THIS CRAP.

"The stock does not pay dividends or appreciate in value, and shareholders technically could be fined by the league for violating terms of NFL ownership. Shareholders could be fined up to $500,000 by league commissioner Roger Goodell for conduct detrimental to the welfare of the league -- including "publicly criticizing any NFL member club or its management" -- and up to $5,000 if they bet on the outcome of NFL games, according to the terms of the stock. "

Looks like those that are buying stock better not talk bad about the Vikings or any other team anymore!!!!!! And also no more betting!!!

http://finance.yahoo.com/news/packers-sell-400-000-stock-020546880.html;_ylt=Aqs2AptiRa.j.JXMRBXsIOeiuYdG;_ylu=X3oDMTQ0cmo5MTFrBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDZjMwMGJkZWEtN2IxNS0zMzg3LWIzNjItNDgyZjNkODdkMWNiBHBvcwM1BHNlYwN0b3Bfc3RvcnkEdmVyAzUwOGRhYmQwLTIwY2EtMTFlMS1iZmRhLTBjYzg2ODE0NWQyMg--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3


Oh that is just awesome waly. Thank you, seriously thank you, for this.

"The only thing necessary for the triumph of evil is for good men to do nothing." -Edmund Burke‎

"The time at which I stand before you is full of interest. The eyes of all nations are fixed on our Republic. The event of the existing crisis will be decisive in the opinion of mankind of the practicability of our federal system of government. Great is the stake placed in our hands; great is the responsibility which must rest upon the people of the United States. Let us realize the importance of the attitude in which we stand before the world. Let us exercise forbearance and firmness. Let us extricate our country from the dangers which surround it and learn wisdom from the lessons they inculcate."


-Andrew Jackson, 2nd Inaugural address, 1833
Re: Here you go Packer Fans!!
by walynut on 12/07/2011 08:50 AM | Reply #19 | "Quote" | "Quick Reply" |
walynut
Joined: 01/08/2003
Location: ND
Meelosh Said:
walynut Said:
WARNING IF YOU HAVE OR ARE GOING TO BUY THIS CRAP.

"The stock does not pay dividends or appreciate in value, and shareholders technically could be fined by the league for violating terms of NFL ownership. Shareholders could be fined up to $500,000 by league commissioner Roger Goodell for conduct detrimental to the welfare of the league -- including "publicly criticizing any NFL member club or its management" -- and up to $5,000 if they bet on the outcome of NFL games, according to the terms of the stock. "

Looks like those that are buying stock better not talk bad about the Vikings or any other team anymore!!!!!! And also no more betting!!!

http://finance.yahoo.com/news/packers-sell-400-000-stock-020546880.html;_ylt=Aqs2AptiRa.j.JXMRBXsIOeiuYdG;_ylu=X3oDMTQ0cmo5MTFrBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDZjMwMGJkZWEtN2IxNS0zMzg3LWIzNjItNDgyZjNkODdkMWNiBHBvcwM1BHNlYwN0b3Bfc3RvcnkEdmVyAzUwOGRhYmQwLTIwY2EtMTFlMS1iZmRhLTBjYzg2ODE0NWQyMg--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3


Oh that is just awesome waly. Thank you, seriously thank you, for this.
No problem, it's always good to know and to actually read the "fine print"!!!!
 

Good Luck and Good Fishin'

Eric T
Re: Here you go Packer Fans!!
by johnr on 12/07/2011 09:35 AM | Reply #20 | "Quote" | "Quick Reply" |
johnr
Joined: 02/18/2004
Location: ND
walynut Said:
WARNING IF YOU HAVE OR ARE GOING TO BUY THIS CRAP.

"The stock does not pay dividends or appreciate in value, and shareholders technically could be fined by the league for violating terms of NFL ownership. Shareholders could be fined up to $500,000 by league commissioner Roger Goodell for conduct detrimental to the welfare of the league -- including "publicly criticizing any NFL member club or its management" -- and up to $5,000 if they bet on the outcome of NFL games, according to the terms of the stock. "

Looks like those that are buying stock better not talk bad about the Vikings or any other team anymore!!!!!! And also no more betting!!!

http://finance.yahoo.com/news/packers-sell-400-000-stock-020546880.html;_ylt=Aqs2AptiRa.j.JXMRBXsIOeiuYdG;_ylu=X3oDMTQ0cmo5MTFrBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDZjMwMGJkZWEtN2IxNS0zMzg3LWIzNjItNDgyZjNkODdkMWNiBHBvcwM1BHNlYwN0b3Bfc3RvcnkEdmVyAzUwOGRhYmQwLTIwY2EtMTFlMS1iZmRhLTBjYzg2ODE0NWQyMg--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Ha ha, stupid packers............jk
 

If we're not supposed to eat animals, how come they're made out of meat?
22 Replies | Page 1 of 212 Next Page >> | Top of Page | Bottom of Page
Posted By: walynut
Posted On: 12/06/2011 1:29 PM
1039 Views, 22 Comments

Tags: rsquo, fans, packer, team, new, isn, york, board, really, mdash
More Tags: Green Bay Packers, Bob Boland, USD, NEW YORK, General Electric Co., New York University, Green Bay, New York University, Toronto Maple Leafs, Tisch Center, Chicago Bears, National Football League, sports attorney, professor of sports management, Wisconsin, Super Bowl, National Football League, SportsBusiness_Finance
Region: Minnesota

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