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Packers turn $21.4 million profit, but concerns linger
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<blockquote data-quote="PWT36" data-source="post: 229420" data-attributes="member: 170"><p>Engineer</p><p></p><p> Green Bay Packers, Inc. are required by Federal law to publically release their yearly finanacial report . The Packer shareholders receive their copy Packer yearly financial report for Packer FY3/31/08. The Packer financial report is discussed by Packer treasurer Larry Weyers at Packer's share holders meeting at Lambeau Field , I think on July 24th, 2008. The share holders can ask question concerning the Green Bay Packers at share holders meeting.</p><p></p><p>Green Bay Packers, Inc is the only NFL franchise that has to make public their financial report and it must be published in news paper of record in Green Ba y, which is The Green bay Press-Gazette,because it is publically owned non profit Corporation </p><p> All other NFL franchises are privately owned by owner or a partnership. They do not have to make their financial reports public.</p><p></p><p> The Green Bay Packers are the only Major league franchise in any Major League professsional Sport , which is a publically owned non profit corporation. An there will never be another one. The Packers are " grandfathered" in, because they have been around since 1923 and it has worked for this organization for 85 years. So the Federal, government, State of Wisconsin, and NFL allow the Packers to operated with the present Articles of Incorporation and charter, but it will never be allowed to have similar Corporation to the Packers be formed again.</p></blockquote><p></p>
[QUOTE="PWT36, post: 229420, member: 170"] Engineer Green Bay Packers, Inc. are required by Federal law to publically release their yearly finanacial report . The Packer shareholders receive their copy Packer yearly financial report for Packer FY3/31/08. The Packer financial report is discussed by Packer treasurer Larry Weyers at Packer's share holders meeting at Lambeau Field , I think on July 24th, 2008. The share holders can ask question concerning the Green Bay Packers at share holders meeting. Green Bay Packers, Inc is the only NFL franchise that has to make public their financial report and it must be published in news paper of record in Green Ba y, which is The Green bay Press-Gazette,because it is publically owned non profit Corporation All other NFL franchises are privately owned by owner or a partnership. They do not have to make their financial reports public. The Green Bay Packers are the only Major league franchise in any Major League professsional Sport , which is a publically owned non profit corporation. An there will never be another one. The Packers are " grandfathered" in, because they have been around since 1923 and it has worked for this organization for 85 years. So the Federal, government, State of Wisconsin, and NFL allow the Packers to operated with the present Articles of Incorporation and charter, but it will never be allowed to have similar Corporation to the Packers be formed again. [/QUOTE]
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Packers turn $21.4 million profit, but concerns linger
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