Packers Ownership Structure
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The packers pride themselves on being the only publicly owned not for profit major league professional team in the united states.
Packers ownership structure. With a population of about 100000 it is by far the smallest. Even though it is referred to as common stock in corporate offering documents a share of packers. The packers are owned by the fans not a wealthy owner operating with a profit at all costs paac philosophy.
Green bay packers history. The green bay packers are a publicly owned non profit with a unique stock ownership structure. The packers are the only community owned franchise in north.
The main purpose of community ownership is to ensure the team says in green bay. By jess bolluyt on september 9 2018. Instead the team is owned by hundreds of thousands of fans who all bought a piece of the green bay packers in a public stock sale.
Rather than being owned by a wealthy individual the packers are a publicly. Green bay packers inc. Green bay packers inc.
The green bay packers were founded on august 11 1919 by former high school football rivals earl curly. Instead of having one. The team doesnt technically have a single owner or a handful of partners like every other nfl team.
From its early years a century ago the team has belonged not to a tycoon but to the people of green bay. A total of 5000. The nfls green bay packers have an ownership structure unlike any other franchise in major us.
Green bays bylaws state that the packers are a community project intended to promote community welfare what a refreshing approach. The green bay packers is unique in the nfl for one fascinating reason. Unlike the other 31 teams the packers financial information is made public because of the packers ownership structure and according to sports business journal this years disclosure.
The ownership structure of the packers is unique. The green bay packers board of directors is the organization that serves as the owner of record for.
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