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    Home»Sports»Packers»Packers News»Green Bay Packers Shareholder: First stock sale since 2011
    Packers News

    Green Bay Packers Shareholder: First stock sale since 2011

    McQuade ArnoldBy McQuade ArnoldOctober 30, 2021Updated:April 4, 20231 Comment2 Mins Read
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    While hurdles remain before this can actually take place, the NFL has given the Packers permission to sell their stock in their team for the first time in over a decade.  This will be only the sixth time in franchise history. The previous sales were in: 1923, 1935, 1950, 1997, and 2011.

    Why the Sale?

    The Green Bay Packers have made it clear that they will not be asking for any public tax dollars for future additions or remodeling at Lambeau Field. This paves the way for Green Bay to fund future projects. Some examples include video boards, upgraded concourse areas, seating, and more.

    What have stocks been used for in the past?

    The 1997 sale added 105,989 new shareholders at $200.00 per share and raised more than $24 million, which was used for the Lambeau Field redevelopment project completed in 2003.

    A brief history of Lambeau Field renovations - In Business Madison

    The 2011 sale added 250,000 new shareholders. It raised $67.4 million towards a new entrance tower and viewing platform in the north end zone. It also funded the seating expansion to the south end zone adding 6,600 screaming fans to each game. That project was completed in 2013.

    Lambeau Field Stadium Expansion and Renovations | Elkus Manfredi Architects

    What to expect next?

    Packers President/CEO Mark Murphy released a statement: “We appreciate the consideration of Commissioner Goodell and the support from the NFL for our potential stock sale.  Should we proceed with an offering, we would also have to take regulatory steps and other actions. We are exploring such steps and intend to keep our fans informed of further developments when we are able.”   Expect an announcement from the Green Bay Packers social media team when this sale becomes official and get yours as soon as you can, because these will go FAST!

    For More Wisconsin Sports News…

    Follow me on Twitter at @mcquadewarnold and follow us @WiSportsHeroics for more great content. To read more of our articles and keep up to date on the latest in Wisconsin sports, click here!

    green bay green bay packers nfl Packers Shareholder Stocks
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    McQuade Arnold
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    McQuade Arnold is a Co-Owner of Wisconsin Sports Heroics (WSH). He graduated from American Military University with an associate in General Studies and is currently pursuing his Bachelors in Sports Marketing. McQuade has been active duty in the United States Navy for 10 years and is currently stationed in San Diego, CA. He is originally from Superior, WI and is a die hard Green Bay Packers, Wisconsin Badgers, Milwaukee Brewers, and Milwaukee Bucks fan. McQuade's work for WSH has been featured on YardBarker, Bleacher Report, and MSN.

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    1 Comment

    1. ROD KISON on November 7, 2021 9:38 am

      YES, I AM EXTREMELY INTERESTED. I HAD CONTACTED THE GREEN BAY ORGANIZATION A COUPLE OF MONTHS AGO: AT THAT TIME, IT WAS INDICATED THAT THIS

      9

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