Green Bay Packers stock goes on sale

Wednesday, December 7th, 2011 at 10:48 am , filed under NFL News by Bill Gerber

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The Green Bay Packers team has a Most Visible Player candidate in quarterback Aaron Rodgers and undefeatable team making a run toward another title this season.

Green Bay Packers stock official certificate has been released by the Green Bay Packers president Mark Murphy and vice president of finance Paul Baniel at the Lambeau Field on Tuesday 6th December. Murphy said the Packers team is aiming to produce around $ 22 million to help defray the cost of a $ 143 million renovation project at Lambeau Field and team has received 1,600 orders in the first 11 minutes of the stock sale. He added fans are very eager about this opportunity and team is ready to encourage everyone to involve in this project.

The Packers have launched the offering to cut the borrowing needed for a $143 million growth of the team’s iconic Lambeau Field in Green Bay, which was the smallest city in United States having a major professional sports franchise. It was the fifth stock sale in the Green Bay Packers 92-year history and first occasion in 14-years, which opened 250,000 shares through 29th February. Packers will add 7,000 seats new seats, new scoreboards, a new sound system, new entrances and new elevators in this renovation project at Lambeau Field.

The defending Super Bowl champions Green Bay Packers has been playing great season so far with a 12-0 win loss record and passed 18-match winning streak. Team has benefitted around $22 million from its $ 24 million in stock sales in 1997, but Packers decided to sell more than the 250,000 allocated this occasion.

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