BDYZR Posted October 12, 2011 Group: Member Topic Count: 0 Content Count: 12,475 Reputation: 2,855 Days Won: 25 Joined: 12/14/2005 Share Posted October 12, 2011 I saw this this morning and started thinking...which is dangerous at 6am.Lambaugh Field is a "publicly" owned football facility. They're planning a $130million expansion/upgrade."Shares" are $200.00 each. No interest, no voting rights, no dividends other than saying "I own a piece of the stadium."Could USF do something like this? Could a public school technically sell "shares" to finance a stadium? Link to comment Share on other sites More sharing options...
cmhatter Posted October 12, 2011 Group: Member Topic Count: 0 Content Count: 8,174 Reputation: 268 Days Won: 6 Joined: 09/02/2007 Share Posted October 12, 2011 Probly not.... but i'd buy Link to comment Share on other sites More sharing options...
2000bull Posted October 12, 2011 Group: Member Topic Count: 0 Content Count: 7,048 Reputation: 641 Days Won: 11 Joined: 06/04/2009 Share Posted October 12, 2011 isn't that in essence what they did with the bricks...I know it's not the exact same thing, but it did raise $$$ Link to comment Share on other sites More sharing options...
LETHALWEAPONMV Posted October 12, 2011 Group: Member Topic Count: 0 Content Count: 3,616 Reputation: 30 Days Won: 1 Joined: 02/12/2010 Share Posted October 12, 2011 they do get to attend annual meeting at Lambeau and get tour as part of owning stock which is still pretty cool Link to comment Share on other sites More sharing options...
BDYZR Posted October 12, 2011 Group: Member Topic Count: 0 Content Count: 12,475 Reputation: 2,855 Days Won: 25 Joined: 12/14/2005 Author Share Posted October 12, 2011 isn't that in essence what they did with the bricks...I know it's not the exact same thing, but it did raise $$$Yea, I thought the same thing.Maybe do something similiar and put names on a wall of fame facade somewhere actually on the stadium. Each "share" brick would be etched with the "owners" name and date that the share was purchased.Only have to sell about a million of them at $250 each! Link to comment Share on other sites More sharing options...
Rizman Posted October 12, 2011 Group: Member Topic Count: 0 Content Count: 21,365 Reputation: 922 Days Won: 10 Joined: 01/02/2007 Share Posted October 12, 2011 isn't that in essence what they did with the bricks...I know it's not the exact same thing, but it did raise $$$Yea, I thought the same thing.Maybe do something similiar and put names on a wall of fame facade somewhere actually on the stadium. Each "share" brick would be etched with the "owners" name and date that the share was purchased.Only have to sell about a million of them at $250 each!You have to start somewhere. Link to comment Share on other sites More sharing options...
SavvyMoose Posted October 12, 2011 Group: Member Topic Count: 0 Content Count: 28 Reputation: 0 Days Won: 0 Joined: 09/23/2011 Share Posted October 12, 2011 But most people will not just invest $250 for a share. Let's say average is $2500. You don't need a million people, just 100,000. Link to comment Share on other sites More sharing options...
Economics_Nerd82 Posted October 12, 2011 Group: Member Topic Count: 0 Content Count: 5,903 Reputation: 10 Days Won: 1 Joined: 09/09/2006 Share Posted October 12, 2011 Interesting idea.I recall reading a few years ago that stadiums will now let you mortgage a seat. So you can buy a seat in a stadium, put 10% down and over the next 10-15 years pay it off. After the 10-15 years the seat is yours. Basically, this is a means to get more money upfront and consistently over 10-15 years. Link to comment Share on other sites More sharing options...
E.T. Posted October 12, 2011 Group: TBP Subscriber III Topic Count: 0 Content Count: 37,676 Reputation: 2,367 Days Won: 29 Joined: 12/24/2001 Share Posted October 12, 2011 We have a locker room full of UN "sponsored" lockers ... we don't have the donors.Go BULLS !!! Link to comment Share on other sites More sharing options...
BullFan98 Posted October 12, 2011 Group: Member Topic Count: 0 Content Count: 7,780 Reputation: 328 Days Won: 7 Joined: 08/13/2010 Share Posted October 12, 2011 Interesting idea.I recall reading a few years ago that stadiums will now let you mortgage a seat. So you can buy a seat in a stadium, put 10% down and over the next 10-15 years pay it off. After the 10-15 years the seat is yours. Basically, this is a means to get more money upfront and consistently over 10-15 years.Why stop there? Why not securitize the mortgages and sell them to ML, MSSB, UBS, et al. and make a real killing. Lets hope no one defaults on their mortgage. Ahhh wtf, we won't see the problem come to surface for a few years and by then the ocs will be built. Link to comment Share on other sites More sharing options...
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