If The Packers can do it, why can't Bills fans? Imagine how many shares of stock this team could sell to their loyal customers? That would make a great Christmas present. I hate double standards. Why are the Green Bay Packers the only team that is allowed to be owned by their fans?
And why doesn't the NFL itself go public with an IPO? In 2004 Google went public with an Initial Public Offering of $85 per share. Today, Google is trading for more than $1,063 per share. Maybe the NFL doesn't want to go public because they don't want to open up their books? Vegas might have a slight say in the matter.
http://en.wikipedia.org/wiki/Green_Bay_Packers
"The Packers are the only non-profit, community-owned major league professional sports team in the United States."
http://www.packers.com/community/shareholders.html
Green Bay Packers Inc., has been a publicly owned, nonprofit corporation since Aug. 18, 1923, when original articles of incorporation were filed with Wisconsin’s secretary of state.
One of the more remarkable business stories in American history, the Green Bay Packers organization has been kept viable by its shareholders — its unselfish fans. Even more incredible, the Packers have survived and thrived during the current era, permeated by free agency and the NFL salary cap.
Fans have supported the team financially through five stock sales: 1923, 1935, 1950, 1997 and 2011.
Today, 364,122 people (representing 5,014,545 shares) are owners of the iconic franchise.
And why doesn't the NFL itself go public with an IPO? In 2004 Google went public with an Initial Public Offering of $85 per share. Today, Google is trading for more than $1,063 per share. Maybe the NFL doesn't want to go public because they don't want to open up their books? Vegas might have a slight say in the matter.
http://en.wikipedia.org/wiki/Green_Bay_Packers
"The Packers are the only non-profit, community-owned major league professional sports team in the United States."
http://www.packers.com/community/shareholders.html
Green Bay Packers Inc., has been a publicly owned, nonprofit corporation since Aug. 18, 1923, when original articles of incorporation were filed with Wisconsin’s secretary of state.
One of the more remarkable business stories in American history, the Green Bay Packers organization has been kept viable by its shareholders — its unselfish fans. Even more incredible, the Packers have survived and thrived during the current era, permeated by free agency and the NFL salary cap.
Fans have supported the team financially through five stock sales: 1923, 1935, 1950, 1997 and 2011.
Today, 364,122 people (representing 5,014,545 shares) are owners of the iconic franchise.
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