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Green Bay Packers = Money Making Machine
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<blockquote data-quote="PWT" data-source="post: 246218" data-attributes="member: 1506"><p>This article by in SI by Ross Tucker is based on Packer financial report ending 3/31/08, which showed the Packers made a profit over over $20M. </p><p> </p><p>This current Packer FY financal report indicates the Packers made $4M profit on total revenues of over $247M during the Last Packer FY ending 3/31/09. </p><p> </p><p>Packer President/CEO Mark Murphy has said Packer players salaries and benefits cosst are increasing faster the Packer revenues are increasing during last FY ending 3/31/09 and recession also has caused problems in decrease of profit from FY ending 3/31/08 to this years FY ending 3/21/09.</p><p> </p><p>But the Packers are satisfied with modest profit $4M during the last FY. Most U.S. Corporations are losing billlions of of dollars during this tough recession in the U.S. </p><p> </p><p>The Packers are publicallly owned Corporation and must make public their Financial report annually. The Packers send copy of their annuallly Financial report to the over 112,000 Packer shareholders before the Packer's stockholders meeting In Green Bay on July 30,2009. </p><p> </p><p> The Packers are required by federal and state law to publish theri financial report annually in newspaper of record in Green Bay- The </p><p>Green Ba y Press-Gazette. The other 31 NFL franchises are not require to make public their financial report annually, because they are privately owned.</p></blockquote><p></p>
[QUOTE="PWT, post: 246218, member: 1506"] This article by in SI by Ross Tucker is based on Packer financial report ending 3/31/08, which showed the Packers made a profit over over $20M. This current Packer FY financal report indicates the Packers made $4M profit on total revenues of over $247M during the Last Packer FY ending 3/31/09. Packer President/CEO Mark Murphy has said Packer players salaries and benefits cosst are increasing faster the Packer revenues are increasing during last FY ending 3/31/09 and recession also has caused problems in decrease of profit from FY ending 3/31/08 to this years FY ending 3/21/09. But the Packers are satisfied with modest profit $4M during the last FY. Most U.S. Corporations are losing billlions of of dollars during this tough recession in the U.S. The Packers are publicallly owned Corporation and must make public their Financial report annually. The Packers send copy of their annuallly Financial report to the over 112,000 Packer shareholders before the Packer's stockholders meeting In Green Bay on July 30,2009. The Packers are required by federal and state law to publish theri financial report annually in newspaper of record in Green Bay- The Green Ba y Press-Gazette. The other 31 NFL franchises are not require to make public their financial report annually, because they are privately owned. [/QUOTE]
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