why buy packers stock

At 300 a share the purchase offers fans no actual value. What the Packers are offering is Common Stock which isnt stock as most people understand it.

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That combination is priceless.

. Become and owner today and waste your money. 0 Comments new. Ill take the stock sale over begging for tax payer money any day. The Green Bay Packers are offering fans the chance to buy stock in the team.

But this isnt the same stock that youll find on Wall Street. When it comes to Packers stock there are some rules. Because they dont have a super wealthy owner or donor club backing them. While that seems mean-spirited its also worth noting that Packers fans have little to gain themselves from owning a piece of the team.

By James Dator Nov 16 2021 1257pm EST. I want to buy a share because Im a. Packers stock is a GREAT investment it guarantees the team will NEVER leave Green Bay and never be at the mercy of a high maintenance owner. Fan interest in owning Packers stock remains high.

This is the sixth time the NFL team is selling its stock. Buying Packers stock is the best scam in sports. Why Its Important. No one is being deceived as to what Packer stock is so why do people refer to it as a scam.

Stockholders can buy sell and trade their shares and maybe hit it big and walk away with some extra cash. The Packers label their slivers of ownership common stock It pays out no dividends. You can buy an authentic jersey or other trinkets or you can buy a share of stock to support the team. State of play.

Unlike sports teams that are publicly traded on major stock exchanges shares of the Packers can not be bought or sold and dont appreciate in value or offer dividends. Sixth Green Bay Packers Stock Sale Begins. Public non-profit organizations arent allowed to enter the NFL. The Packers will have no obligation to repay the amount a.

Shareholders are also able to vote for the Packers Board of Directors. Heres your chance to buy a share of the Green Bay Packers for 300. If you buy something from an. Not a lot of difference.

On 111521 at 227 pm to BuckyCheese. The Green Bay Packers stock sale begins Tuesday Nov. 16 at 300 per share. The Packers stock program is something of an anomaly in professional sports.

Leave a Reply. So far the Packers have offered stock for sale in 1923 1935 1950 1997-1998 and 2011. For instance no one can buy more than 200 shares which makes sense because Im guessing they dont want a. That combination is priceless.

Its been a strange year for the Green Bay Packers. Heres Why The Stock Being Offered By The Green Bay Packers Is Completely Worthless. They as the only publicly-owned major sports franchise have just held only their second stock sale since the 1950s. NFL Commissioner Roger Goodell has determined that a stock sale would meet the appropriate conditions established in 1997 for such a sale to.

Its largely a gesture from. No ability to trade it. If the organization sees a need to raise funds for improvements to Lambeau Field as in the case of the. It is just the sixth time in the NFL squads storied history that.

Packers stock is functionally worthless. Answer 1 of 2. The NFL allows the Packers to periodically conduct these sales to make up for the absence of a deep-pocketed owner as long as the money isnt used for. There is no list but you have to wait for the Packers to have another stock offering.

The Green Bay Packers will sell 90 million of stock in the pro football team to help fund improvements at Lambeau Field. A Packers stock certificate acts as the ultimate piece of fan memorabilia and as a donation to the team. Its an entirely. The Packers currently have 360760 shareholders owning a total of 5011558 shares amassed through stock sales back in 1923 1935 1950 1997.

Now contrast that scenario with what the Green Bay Packers have just done. It cant go down it cant go up you cant sell it and you cant cash in. Stock in the Packers does not constitute an investment in stock in the common sense of the term. To be sure the stock will have no value pay no dividend and allow no say in team matters but.

First Aaron Rodgers was retiring. The Packers are the only team to which the rule applies because they are the only publicly owned team. Packers stock is a GREAT investment it guarantees the team will NEVER leave Green Bay and never be at the mercy of a high maintenance owner.

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