Simone Del Rosario: CALLING ALL CHEESEHEADS! NOW’S YOUR CHANCE TO OWN A SLICE OF THE GREEN BAY PACKERS.
THE NFL TEAM IS OFFERING OWNERSHIP SHARES FOR JUST THE SIXTH TIME IN HISTORY.
WISCONSIN’S FOOTBALL TEAM IS FAMOUS FOR BEING OWNED “BY THE PEOPLE.” AND NOW THOSE PEOPLE NEED TO RAISE MONEY FOR SOME STADIUM IMPROVEMENTS OVER AT LAMBEAU FIELD.
SO IF YOU HAVE 300 DOLLARS TO FULFILL YOUR DREAM OF OWNING A FOOTBALL TEAM – NOW’S YOUR CHANCE.
THE PACKERS ARE OFFERING 90-MILLION DOLLARS IN “STOCK,” THAT’S 300-THOUSAND SHARES AT $300 APIECE.
IT’S THE FIRST TIME IN A DECADE STOCK’S BEEN OFFERED {2011}. AND AGAIN, JUST THE SIXTH TIME EVER.
THERE ARE CURRENTLY OVER 300-THOUSAND TEAM OWNERS {361,300} IN THE PACK, SPLITTING MORE THAN FIVE MILLION SHARES {5,009,500}. THIS TIME YOU CAN’T OWN MORE THAN 200 SHARES, SO DON’T GET ANY IDEAS ABOUT CONTROLLING STAKE.
UNLIKE THE STOCK WE’RE USED TO TALKING ABOUT IN “JUST BUSINESS,” YOU CAN’T MAKE MONEY OFF A PACKERS SHARE. THERE ARE NO DIVIDENDS, YOU CAN’T SELL YOUR STOCK, EXCEPT BACK TO THE TEAM FOR A FRACTION OF THE PRICE. AND YOU CAN ONLY GIFT IT IN VERY RESTRICTED CIRCUMSTANCES.
IT AMOUNTS TO LITTLE MORE THAN A PIECE OF PAPER. BUT FOR DIEHARD FANS WITH 300 DOLLARS TO BURN, THAT’S ENOUGH TO BECOME A PART OWNER.
THE PACKERS SAY THE STOCK SALE WILL GO THROUGH FEBRUARY AND IF YOU’RE INTERESTED, THE INFO’S ON THEIR WEBSITE.
I’M SIMONE DEL ROSARIO FROM NEW YORK IT’S JUST BUSINESS.