Green Bay Packers stock for Sale today december 6 2011

Green Bay Packers stock for Sale today december 6 2011 ; Who would have ever thought a regular guy, not a wealthy businessman, could say they are owners of a professional sports team? The Green Bay Packers are making that dream available for the first time in 14 years on December 6, 2011.

The undefeated and defending Super Bowl Champion Packers are the only publicly traded sports franchise in the NFL, and in an effort to raise money for a $130 million renovation of Lambeau Field, will use the proceeds to fund the project.

Each share of Green Bay Packers' stock will cost $250 with a 200-share limit and only 250,000 shares available.

Currently there are 112,205 shareholders who hold 4.75 million shares of stock in the team. The 250,000 being offered will bring the collective total to 5 million shares.

The Downside

By owning a piece of the Green Bay Packers you stand no hope of making a profit in any way, shape, or form. The stock will not pay dividends; it will never go up in value, and the team states they are under no obligation to buy back the stock at face value.

A shareholder gets no tickets into the games nor does one get preferential treatment when it comes to the long waiting list for season tickets.

The Benefits

On the bright side, a shareholder does receive a nifty stock certificate to show off to friend and family and voting rights coinciding to the number of shares owned. While those rights would not necessarily allow one to have their say in potential free agent signings, it would be heard in other matters such as elections and other team decisions.

Shareholders may also attend the Packers annual meeting for a chance to meet executives, other owners, vote their shares in person, and attend the opening of training camp. Quite the experience for the die-hard fan, I would imagine.

As a Cleveland native, the opportunity to purchase a piece of an opposing franchise provides an interesting perspective. The chances of my hometown Cleveland Browns winning the Super Bowl this season or in the immediate future seem pretty bleak. As an owner of the Green Bay Packers, at least I can legitimately say MY team is going for back-to-back Super Bowl victories this year! For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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