The Wall Street Journal: You can own part of the Green Bay Packers for $300
You can own part of an NFL team—for just $300.
The Green Bay Packers will hold a stock sale Tuesday, offering shares of “ownership” in the NFL franchise for the first time in nearly 10 years. Funds raised will be used for stadium improvements.
An individual can buy a share of the Packers for $300, the sixth time the team has offered shares to fans in its history.
The shares have no financial value and can’t be resold. Shareholders of the Green Bay franchise don’t get paid dividends. The stock doesn’t appreciate in value and isn’t transferable, except to family members by gift or in the event of death.
An expanded version of this story appears on WSJ.com.
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