The Green Bay Packers, the NFL’s only publicly owned team, are moving toward a new stock sale by the end of the year to raise money that would help pay for $130 million in renovations at historic Lambeau Field.
Each share would likely cost about $200 and include voting rights, though the value wouldn’t appreciate and there would be no dividends. Stockholders would be able to attend annual meetings at Lambeau, and they’d enjoy such perks as tours of the playing field and locker rooms.
Best of all, they could legitimately call themselves NFL owners.
That last reason seals the deal for Staughton Wade, 29, a lifelong Indianapolis Colts fan.
“I’d absolutely buy a share,” said Wade, of Fort Wayne, Ind. “It’s a unique thing having the opportunity to buy a share of any NFL team, and the Packers are the only team you can do that with.”
Each share would likely cost about $200 and include voting rights, though the value wouldn’t appreciate and there would be no dividends. Stockholders would be able to attend annual meetings at Lambeau, and they’d enjoy such perks as tours of the playing field and locker rooms.
Best of all, they could legitimately call themselves NFL owners.
That last reason seals the deal for Staughton Wade, 29, a lifelong Indianapolis Colts fan.
“I’d absolutely buy a share,” said Wade, of Fort Wayne, Ind. “It’s a unique thing having the opportunity to buy a share of any NFL team, and the Packers are the only team you can do that with.”
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