Page 1 of 2 12 LastLast
Results 1 to 10 of 15

Thread: Going public?

  1. #1
    Guruzen's Avatar
    Guruzen is offline Starter
    Join Date
    Dec 1969
    Posts
    266

    Going public?

    The Packers are a publicly listed company that is owned by the people of Green Bay. I do not know all the details, but can somebody please explain why more teams haven't done this, including us?

    It is a sound investment... a $600mil franchise that generates between 5-10% ROI.

    And, because the fans own it, you can be guaranteed we would be free from relocation and greedy owners whose bottome line is $$$, rather than the interests of the team.

  2. #2
    akvikefan89 is offline Star Spokesman
    Join Date
    Dec 1969
    Posts
    2,160

    Re: Going public?

    Minnesotans wont even help pay for a new stadium. One thing to be admitted about people from Wisconsin...They will pay any price to keep the Packers from going under :evil:

  3. #3
    Webby's Avatar
    Webby is offline Administrator
    Join Date
    Aug 1998
    Location
    A, A
    Posts
    8,976
    Blog Entries
    6

    Re: Going public?

    Green Bay was grandfathered in on that. No team can be publicly owned AFAIK by NFL rules.

  4. #4
    Kleinsasser40 is offline Coordinator
    Join Date
    Dec 1969
    Posts
    705

    Re: Going public?

    I say we all jsut buy stock in the Packers, take control of the organization, and drive them into the ground.
    [img:2264cdc124]http://img.photobucket.com/albums/v482/ultravikingfan/vikesklein.jpg[/img:2264cdc124]

  5. #5
    fred3105's Avatar
    fred3105 is offline Coordinator
    Join Date
    Dec 1969
    Posts
    736

    Re: Going public?

    If only the stock holders had any say.
    http://homepage.mac.com/vijayr/PSU/MM05PSU2.mov (Mario Manningham)

  6. #6
    DarrinNelsonguy's Avatar
    DarrinNelsonguy is offline Team Alumni
    Join Date
    Dec 1969
    Posts
    3,118

    Re: Going public?

    Yeah they sold these Gold certificates to help pay for renevating Lambeau Field and on the certificate it said something to the effect of thank you for your contribution and it was worth nothing. They had more people sign up for the certificates than they had certificaes to sell.
    "Hard work beats talent, when talent doesn t work hard."

  7. #7
    ultravikingfan's Avatar
    ultravikingfan is offline Administrator
    Join Date
    Sep 2004
    Location
    NE Ohio
    Posts
    24,514

    Re: Going public?

    "Kleinsasser40" wrote:
    I say we all jsut buy stock in the Packers, take control of the organization, and drive them into the ground.
    Sherman is already doing that.

  8. #8
    PurplePackerEater is offline Ring of Fame
    Join Date
    Jan 2005
    Posts
    3,738

    Re: Going public?

    "webmaster" wrote:
    Green Bay was grandfathered in on that. No team can be publicly owned AFAIK by NFL rules.

    I knew the answer to that question, but WHY can't/won't it be changed??

    What is the reasoning behind the rule??

    How did only one team get grandfathered in??

    :idea: It seems more logical to have a city/state own the team, after all the city/state already pays for half of the stadium. Bottom line...it's a source of revenue.

  9. #9
    DarrinNelsonguy's Avatar
    DarrinNelsonguy is offline Team Alumni
    Join Date
    Dec 1969
    Posts
    3,118

    Re: Going public?

    The problem is I think because then who will have final say on management decisions and decisions associated with the team. If you have a board of directors it would complicate who has final say on all decisions.

    Just my guess and thoughts.
    "Hard work beats talent, when talent doesn t work hard."

  10. #10
    ultravikingfan's Avatar
    ultravikingfan is offline Administrator
    Join Date
    Sep 2004
    Location
    NE Ohio
    Posts
    24,514

    Re: Going public?

    The Cleveland Indians sold stock a few years back. I is more a novelty item. There are not any dividends or stake in ownership. It was just a way to raise money for the team.

Page 1 of 2 12 LastLast

Similar Threads

  1. Man gets ticket for going topless in public
    By BadlandsVikings in forum The Clubhouse
    Replies: 5
    Last Post: 06-12-2008, 06:34 PM
  2. Here is what the Seattle public are saying...
    By Mikecarter81 in forum Vikings Fan Forum
    Replies: 12
    Last Post: 03-21-2006, 10:03 PM
  3. Public Flogging
    By Webby in forum Fantasy Football Talk
    Replies: 23
    Last Post: 09-14-2005, 11:30 PM
  4. Public apology
    By purplepat in forum Vikings Fan Forum
    Replies: 18
    Last Post: 01-04-2004, 01:52 AM
  5. Public Peace Treaty
    By Webby in forum The Clubhouse
    Replies: 7
    Last Post: 11-25-2003, 03:03 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •