MikeOKC
02-06-2011, 08:18 PM
In an age of sports moguls like Jerry Jones, etc. it's nice to see the only fan-owned major league sports franchise in America win the Super Bowl. Way to go Packers!
"The Green Bay Packers Board of Directors is the organization that serves as the owner of record for the Green Bay Packers football club. The Packers have been a publicly owned, non-profit corporation since August 18, 1923. The corporation currently has 111,921 stockholders, who collectively own 4,749,925 shares of stock. There have been four stock sales, in 1923, 1935, 1950 and 1997. Shares in 1923 sold for $5 apiece, while in 1997 the shares were issued at $200 each."
"The National Football League, of which the Packers are a member, does not allow corporate membership, and instead requires clubs to be wholly owned either by a single owner, or small group of owners, and requires that at least one owner owns a 1/3 stake in the team. The Packers are granted an exemption to this rule, as they have been a publicly owned corporation since before the rule was in place."
http://en.wikipedia.org/wiki/Green_Bay_Packers_Board_of_Directors
The Packers are a feel good story in sports.
"The Green Bay Packers Board of Directors is the organization that serves as the owner of record for the Green Bay Packers football club. The Packers have been a publicly owned, non-profit corporation since August 18, 1923. The corporation currently has 111,921 stockholders, who collectively own 4,749,925 shares of stock. There have been four stock sales, in 1923, 1935, 1950 and 1997. Shares in 1923 sold for $5 apiece, while in 1997 the shares were issued at $200 each."
"The National Football League, of which the Packers are a member, does not allow corporate membership, and instead requires clubs to be wholly owned either by a single owner, or small group of owners, and requires that at least one owner owns a 1/3 stake in the team. The Packers are granted an exemption to this rule, as they have been a publicly owned corporation since before the rule was in place."
http://en.wikipedia.org/wiki/Green_Bay_Packers_Board_of_Directors
The Packers are a feel good story in sports.