lol is bernie Madoff running the Packers.

I guess it's good they don't steal taxpayers money behind their back. They just let you do it to yourself.

Is there any actual tangible benefit to buying a share? Can you resell them for any price?

Does it make money? Can you sell it? What perks are there to buying a "share" of the Packers? Sounds like some sort of fucking scam to me.

oops didnt read dolphins post..but pretty much yeah what he says

 

Originally Posted by dolphin13

lol is bernie Madoff running the Packers.

I guess it's good they don't steal taxpayers money behind their back. They just let you do it to yourself.

Is there any actual tangible benefit to buying a share? Can you resell them for any price?

Packers' stock is not typical, in that buyers are not in it to make financial gains. In fact, the announcement on Packers.com outlines specific disclaimers indicating that Packers stock is not a financial investment, and that stock owners should not expect to make any profit.


So why buy "stock" in the Green Bay Packers? For fans, that little piece of paper means more than money. It's about truly being involved in the team's successes. It's about being able to call yourself an owner of an NFL team, albeit in a tiny capacity.

It doesnt make any sense to me that you can own a percentage of a NFL team without making money? Who makes the money? And how are you exactly involved in ownership besides handing over your cash?

 

Originally Posted by wantagolf

Packers' stock is not typical, in that buyers are not in it to make financial gains. In fact, the announcement on Packers.com outlines specific disclaimers indicating that Packers stock is not a financial investment, and that stock owners should not expect to make any profit.


So why buy "stock" in the Green Bay Packers? For fans, that little piece of paper means more than money. It's about truly being involved in the team's successes. It's about being able to call yourself an owner of an NFL team, albeit in a tiny capacity.

Or you could just use that money to buy tickets to a game and really support the team, rather than light money on fire.

 

Originally Posted by wantagolf

This is the 5th time in in their history they have done this to raise money, and now all of a sudden its pathetic? haha i guess the other 4 times it was okay then?

Not sure I've heard of this before. If I had I would have said the same thing then. It just seems like a total waste of $250.

Primarily a souvenir, but there are some RW benefits:

Voting rights

As an Oakland Raider fan, I would welcome the chance to vote on team decisions, especially if it would interrupt the team's 11-0 record. Shareholders will get to vote, in proportion to the number of shares they own, on some business matters affecting the team, probably not on player personnel and strategic decisions.

Invitation to the Packers annual meetings

This is the best benefit for real Packers fans. Being a shareholder in the team means you have the right to attend the team's annual meetings where you can vote, with other shareholders, on team business. I will be able to meet team executives, tour the Packers Hall of Fame and attend the kickoff of training camp, which coincides with the meeting.

suckers buy that stock, imo.

You'd think that they could save up past profits to pay for any renovations.

As a current shareholder, I purchased my single share of the Green Bay Packers for $300. In 97', I received a really nice stock certificate that I have framed and hanging in my office. It sit right next to my collection of approximately 150 various Packer Cap, that is next to my framed Ticket Stubs from Superbowl XXXI, when the Packers bested the Patriots 35 - 21.

And if that isn't enough for ya, amongst my Packer collectibles is a variety of cheese hats a various styles with the coup de gras being the molded cheese wedge that sits atop a 2' ritz cracker.

Some people collect sea shells from the sea shore, I like spendin' my spare change on the Green n' Gold.

Go~ Pack~ Go~ (and take out the 72 dolphins)

 

Originally Posted by Ugot2BKddn

As a current shareholder, I purchased my single share of the Green Bay Packers for $300. In 97', I received a really nice stock certificate that I have framed and hanging in my office. It sit right next to my collection of approximately 150 various Packer Cap, that is next to my framed Ticket Stubs from Superbowl XXXI, when the Packers bested the Patriots 35 - 21.

And if that isn't enough for ya, amongst my Packer collectibles is a variety of cheese hats a various styles with the coup de gras being the molded cheese wedge that sits atop a 2' ritz cracker.

Some people collect sea shells from the sea shore, I like spendin' my spare change on the Green n' Gold.

Go~ Pack~ Go~ (and take out the 72 dolphins)

what exactly does this mean? I mean I believe everyone understands taht people would collect the paper...Its just blindly throwing $300 to an orginazition that def doesn't need it.

it's nice to be a fan and all but when the average working stiff buys worthless shares at $250 each, it really makes my head spin. This is what your $250 buys.

http://www.sportscity.com/NFL/Green-...ckers-Salaries

 

Originally Posted by Hodge05

Wrong. All of the money goes towards stadium renovations.

fair enough - why don't the millionaire players and owners pay for those renovations instead of people making $50k a year and buying tickets that are already out of price range?

 

Originally Posted by saxman

fair enough - why don't the millionaire players and owners pay for those renovations instead of people making $50k a year and buying tickets that are already out of price range?

This is only an argument if the stock doesn't sell out. It will sell out. Quickly.

I'm just curious where the Packers profits go. Are they saved up for renovations? Are there dividends to stockholders (not bloody likely). I can't imagine the Packers are anywhere near a break-even franchise.

But hey, I guess it's harder to get sold and moved. so you got that going for you.