Pack93z
13 years ago

I believe I read where a team can get up to 50% of the amount with a fund the League has started with the owners. Plus season tickets will surely go up. When all is said and done the payback is likely to be more like 5-7 years, maybe less. If ticket prices go up only about 5% a year in this amount of time they'll be getting 15-17 million a year. With low interest and the economy now is a good time to do it.

Enclosing it may make it a little warmer in September but it will also make it a little warmer in December.

Originally Posted by: PackerTraxx 



Sure... but the ticket prices would more than likely have increased anyway. Really it matter little in the real aspect because the seats will be filled and the investment will pay itself off... the demand for tickets isn't very elastic.. so more tickets will provide more short and long term revenue.

It was more of a joke for myself.. I wish I had a 13 year ROI on the projects I present.. lol.
"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
Pack93z
13 years ago

If the Packers do get it passed by the NFL to sell shares of the team to help fund this expansion, how much does a share usually go for? I typed it into Google and $200 came up a few times. Does that sound reasonable?

Originally Posted by: G-Force 


I bought mine for the $200 you have noted.. with inflation.. lord only knows what that share will run this time.

Personally.. beyond being able to gaze at it upon the wall and say that I own one.. it is pretty silly in reality. At least I didn't purchase the sod. [grin1]
"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
PackerTraxx
13 years ago
In the 70's - 90's you could do that easily. The good ole days. LOL
Why is Jerry Kramer not in the Hall of Fame?
Pack93z
13 years ago
A week by week look at the stock sale and revenue generated the last time around.

http://joe.bowman.net/Shareholder.htm 

A LOOK AT THE PACKERS STOCK OFFERING OVER THE 17 WEEK OFFERING PERIOD

NOVEMBER 1997 - $9.5 million raised In the first 11 days of the sale, about one-third - or $7.8 million - of the $24-plus million total is sold. Paid orders for stock pour in at a rate of over 3500 per day - 38,895 total over the 11-day period - generating about $700,000 per day or an average of $4.9 million per week!
During the week of November 25, following the Packers key victory over the Dallas Cowboys at Lambeau Field, an additional 8315 shares are sold - generating nearly $1.7 million or about $238,000 per day.


"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
wpr
  • wpr
  • Preferred Member Topic Starter
13 years ago

thats gonna make alot of people happy waiting for tix, are they gonna be all season tix or general gameday tix ??

Originally Posted by: nyrpack 




a few premium seats will be for all 8 (10 incl preseason)games. Let's make up a number and say 600 seats.

The rest will be divided up into Green and Gold packages 6 vs 2 regular season games.
UserPostedImage
Pack93z
13 years ago

In the 70's - 90's you could do that easily. The good ole days. LOL

Originally Posted by: PackerTraxx 



I look back sometimes on the my spending in those days.. knowing what I know now with the cost explosions in health care and energy.. day I would have very little in material goods, let alone some numbered deed to really nothing of tangible value.. lol.

"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
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