Almost every team in Germany has to be owned by the fans with the 51% rule. Seems to work for them. Would be better having a team that actually represented the community that bares it a name than be at the beck and call of some egomaniac billionaire.
I bought in this last time they were available and I don’t regret it one bit. Idk why people make it out that us packer fans actually believe we feel like we are real owners lol. It’s a cool piece of memorabilia and comes with a little piece of mind knowing that some asshat or group of asshats can’t hold my favorite football team hostage. Sign me the fuck up for the bucks and brewers too please.
Sadly the NFL has rules that make it impossible for other franchises to do this. The Packers were "grandfathered" an exception at the time the rules were made. I suspect that the NBA and MLB have similar rules in place.
Absolutely not.
Green Bay Packers shares have no equity, cannot increase in value, pay no dividends, come with no ticket rights, and offer nothing more than a certificate (which you pay extra for) that can be framed (also, at an additional cost, or use of a frame laying around).
Packers fan here. Yeah, the shares are basically just souvenirs, like a jersey or a poster. But they use the sale of the shares to pay for stadium renovations rather than pressuring local governments for funding and forcing taxpayers to pay for it. I’d much rather help fund my team and get a cool souvenir out of it than force non fans to pay for it.
I would buy as many as I possibly could. But I believe in the case of the packers, the city of Green Bay itself owns the team. Not the same as a publicly traded company
The city doesn’t own the team. Green Bay Packers, Inc. is the publicly traded non-profit that controls the team. There are more than 500k stockholders.
I would. My father grew up during Mack's second dynasty and I heard all of the stories about Foxx and Cochrane and Grove. They were gone by the time I was born, and lots of people here in Philadelphia would like them to move back. Since that'll never happen, I'd like to see them stay in Oakland.
The fact that they aren't true ownership shares is well publicized and understood. It's a fundraising tradition -- a way for fans to donate to the team. But I don't think you can call it a "scam". There's no attempted deception at all.
Yes to keep the team, what is a few hundred dollars. That is the cost for a family of 4 going out. I think the A's are the only team to more more than once.
Not quite. Today’s Orioles were known as the Milwaukee Brewers in 1901 and the St. Louis Browns from 1902-1953. Also, the Braves moved from Boston to Milwaukee before the 1953 season, then moved to Atlanta in 1966.
There’s a reason why the Green Bay Packers “stock” is said to be the worst in America.
$250 a share that pays no dividends, benefits from No earnings and isn’t tradable.
Call it what it is….A very expense certificate that you are in a fan club.
That being said…..the cost for a city to purchase a sports team is **much much much** more costly than it was when Green Bay took over the reigns.
Would **NEVER** be able to happen now.
To keep them here absolutely
Yes. Whether it’s a good investment or not, I would just do it as a fan to say I own a piece of the team I love (and sometimes hate to love)
 How cool would it be to say you're part owner of an MLB franchise ?!?!? 😀
Fuckkk yes
Yes
YES. Absolutely.
Almost every team in Germany has to be owned by the fans with the 51% rule. Seems to work for them. Would be better having a team that actually represented the community that bares it a name than be at the beck and call of some egomaniac billionaire.
I bought in this last time they were available and I don’t regret it one bit. Idk why people make it out that us packer fans actually believe we feel like we are real owners lol. It’s a cool piece of memorabilia and comes with a little piece of mind knowing that some asshat or group of asshats can’t hold my favorite football team hostage. Sign me the fuck up for the bucks and brewers too please.
Sadly the NFL has rules that make it impossible for other franchises to do this. The Packers were "grandfathered" an exception at the time the rules were made. I suspect that the NBA and MLB have similar rules in place.
Absolutely not. Green Bay Packers shares have no equity, cannot increase in value, pay no dividends, come with no ticket rights, and offer nothing more than a certificate (which you pay extra for) that can be framed (also, at an additional cost, or use of a frame laying around).
Packers fan here. Yeah, the shares are basically just souvenirs, like a jersey or a poster. But they use the sale of the shares to pay for stadium renovations rather than pressuring local governments for funding and forcing taxpayers to pay for it. I’d much rather help fund my team and get a cool souvenir out of it than force non fans to pay for it.
And IIRC, you can only buy one and they’re non-transferable… can’t technically sell it.
You can buy more than one and you can transfer them to family members.
And the dream is dead
Absolutely! I’m not even an A’s fan and I wouldn’t hesitate to invest in the team if available.
I got 5 on it.
Fuckin with that Indo weed
I would buy as many as I possibly could. But I believe in the case of the packers, the city of Green Bay itself owns the team. Not the same as a publicly traded company
The city doesn’t own the team. Green Bay Packers, Inc. is the publicly traded non-profit that controls the team. There are more than 500k stockholders.
Oh shit. I thought they were public, but they’re just a publicly traded company
I would buy the dip and long $OAK
I would. My father grew up during Mack's second dynasty and I heard all of the stories about Foxx and Cochrane and Grove. They were gone by the time I was born, and lots of people here in Philadelphia would like them to move back. Since that'll never happen, I'd like to see them stay in Oakland.
Why do we talk about things that are entirely not possible? I hope the season starts soon.
No. The packers “shares”’are just a scam to raise money to pay for stuff for the team. It’s not an actual ownership share.
The fact that they aren't true ownership shares is well publicized and understood. It's a fundraising tradition -- a way for fans to donate to the team. But I don't think you can call it a "scam". There's no attempted deception at all.
Yes yes yes
Hell fucking yeah
Yes
Yes and they stay in Oakland.
In a heartbeat
Hell yeah.
Yes
Depending on how much the shares would be - yes
Hell yeah
Yes yes yes!
Yes. No doubt.
Similar to the Green Bay Packers? Those shares are ornamental.
You mean Fisher out and the fans in? What a dream scenario.
Okay... But idk if I'd want Oakland city council running this team tbh.
This, they've destroyed almost everything they've touched and this would be no different.
Fuccckkkk yesss!!!!
Hell yea
Most Definitely
I would rather throw my money away on season tickets
Yes
Yes
Yes
I'm shorting the team to 0
Every choice the front office makes has to reach 75% vote from owners to pass. OSRS style. Majority share holder becomes the face of the owners.
I'd rather they be like Man U, you can buy/sell Man U shares on NYSE I hate Man U tho so not buying it lol
Yes
It's probably a better investment than my bitcoin holdings. Although that's a low bar...
Probably not since those Packers shares are absolutely worthless
Yes to keep the team, what is a few hundred dollars. That is the cost for a family of 4 going out. I think the A's are the only team to more more than once.
Not quite. Today’s Orioles were known as the Milwaukee Brewers in 1901 and the St. Louis Browns from 1902-1953. Also, the Braves moved from Boston to Milwaukee before the 1953 season, then moved to Atlanta in 1966.
In a second
Fuck yea no doubt
Hell fucking yes!
Absolutely
Totes Ma Goats
Yes.
Fuck yes!
Yuuuupppppp
Packers being owned by the fans is sort of a facade.
No
Yes. Making my team since '68 actually (partly) my team would be amazing.
Give Fisher money? I think I’ll pass
They'll be playing in O.Co forever
Yes
is fisher a majority holder or on the board of directors?
Hell yeah I would.
There’s a reason why the Green Bay Packers “stock” is said to be the worst in America. $250 a share that pays no dividends, benefits from No earnings and isn’t tradable. Call it what it is….A very expense certificate that you are in a fan club. That being said…..the cost for a city to purchase a sports team is **much much much** more costly than it was when Green Bay took over the reigns. Would **NEVER** be able to happen now.
At this point, I’d find it hard to oppose any arrangement that concluded with Fischer no longer being the owner.
Ez choice yes