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	<title>Comments on: Opened Books: Packers Financials, Facts, And What They Mean</title>
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	<link>http://www.totalpackers.com/2011/06/04/opened-books-packers-financials-facts-and-what-they-mean/</link>
	<description>Your Green Bay Packers: Telling It Like It Is</description>
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		<title>By: GreenKnight</title>
		<link>http://www.totalpackers.com/2011/06/04/opened-books-packers-financials-facts-and-what-they-mean/#comment-21981</link>
		<dc:creator>GreenKnight</dc:creator>
		<pubDate>Tue, 07 Jun 2011 19:43:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.totalpackers.com/?p=9773#comment-21981</guid>
		<description><![CDATA[Great content in this article.  It&#039;s scary to think that a championship caliber team that sells out every game has such a slim profit margin.  It makes the likelihood of an extended lockout affecting regular season games a real possibility.  Opening the books wouldn&#039;t satisfy the union even if the owners agreed to it.  It would just provide more material to question the legitimacy of.]]></description>
		<content:encoded><![CDATA[<p>Great content in this article.  It&#8217;s scary to think that a championship caliber team that sells out every game has such a slim profit margin.  It makes the likelihood of an extended lockout affecting regular season games a real possibility.  Opening the books wouldn&#8217;t satisfy the union even if the owners agreed to it.  It would just provide more material to question the legitimacy of.</p>
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		<title>By: Sarah</title>
		<link>http://www.totalpackers.com/2011/06/04/opened-books-packers-financials-facts-and-what-they-mean/#comment-21953</link>
		<dc:creator>Sarah</dc:creator>
		<pubDate>Mon, 06 Jun 2011 02:07:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.totalpackers.com/?p=9773#comment-21953</guid>
		<description><![CDATA[LOL....yeah! Nice piece, Monty.]]></description>
		<content:encoded><![CDATA[<p>LOL&#8230;.yeah! Nice piece, Monty.</p>
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		<title>By: rebelgb</title>
		<link>http://www.totalpackers.com/2011/06/04/opened-books-packers-financials-facts-and-what-they-mean/#comment-21946</link>
		<dc:creator>rebelgb</dc:creator>
		<pubDate>Sun, 05 Jun 2011 18:44:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.totalpackers.com/?p=9773#comment-21946</guid>
		<description><![CDATA[One of the best articles, no wait, THE BEST article I have read on the subject.   CBSSPORTS, ESPN, and all the others should post this article, but of course they wont.

Its obvious your a better writer then anyone they have working for them so maybe you should be offered a job.  But they would want you to change your views....lol.]]></description>
		<content:encoded><![CDATA[<p>One of the best articles, no wait, THE BEST article I have read on the subject.   CBSSPORTS, ESPN, and all the others should post this article, but of course they wont.</p>
<p>Its obvious your a better writer then anyone they have working for them so maybe you should be offered a job.  But they would want you to change your views&#8230;.lol.</p>
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		<title>By: iltarion</title>
		<link>http://www.totalpackers.com/2011/06/04/opened-books-packers-financials-facts-and-what-they-mean/#comment-21942</link>
		<dc:creator>iltarion</dc:creator>
		<pubDate>Sun, 05 Jun 2011 03:27:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.totalpackers.com/?p=9773#comment-21942</guid>
		<description><![CDATA[In that sense, Boston, it is difficult to compare the Packers to a for profit corporation. The three main reasons to not issue stock are loss of control, dividends and the dilution of the value of your stock by continuing to issue more. Obviously, the uniqueness of Packer stock comes without any of these red herrings. So, basically, there is no downside to financing with equity exclusively as long as you can afford to.

As any non profit, the Packers most likely use fund accounting. Thus, they likely have a capital improvements fund that is fed primarily with general funds. It is likely that much of the net profit from this last year were put into a fund to pay for the scoreboards.]]></description>
		<content:encoded><![CDATA[<p>In that sense, Boston, it is difficult to compare the Packers to a for profit corporation. The three main reasons to not issue stock are loss of control, dividends and the dilution of the value of your stock by continuing to issue more. Obviously, the uniqueness of Packer stock comes without any of these red herrings. So, basically, there is no downside to financing with equity exclusively as long as you can afford to.</p>
<p>As any non profit, the Packers most likely use fund accounting. Thus, they likely have a capital improvements fund that is fed primarily with general funds. It is likely that much of the net profit from this last year were put into a fund to pay for the scoreboards.</p>
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		<title>By: Ryan</title>
		<link>http://www.totalpackers.com/2011/06/04/opened-books-packers-financials-facts-and-what-they-mean/#comment-21941</link>
		<dc:creator>Ryan</dc:creator>
		<pubDate>Sun, 05 Jun 2011 00:55:16 +0000</pubDate>
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		<description><![CDATA[This is a great article, probably one of the best I&#039;ve ever read on this site. 

One question: Does the money for stadium improvements (like the new scoreboards that are going in this summer) come from that &quot;nest egg&quot; of cash?]]></description>
		<content:encoded><![CDATA[<p>This is a great article, probably one of the best I&#8217;ve ever read on this site. </p>
<p>One question: Does the money for stadium improvements (like the new scoreboards that are going in this summer) come from that &#8220;nest egg&#8221; of cash?</p>
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		<title>By: Boston</title>
		<link>http://www.totalpackers.com/2011/06/04/opened-books-packers-financials-facts-and-what-they-mean/#comment-21940</link>
		<dc:creator>Boston</dc:creator>
		<pubDate>Sun, 05 Jun 2011 00:02:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.totalpackers.com/?p=9773#comment-21940</guid>
		<description><![CDATA[Great story.

Why don&#039;t the Packers have any LT debt? I&#039;m assuming it&#039;s because we finance any expansions with equity (our stock sales), but do we intentionally not take on LT debt or what? Seems strange to totally shut off a potential capital source like that, especially since we need to argue with the league about every stock sale.]]></description>
		<content:encoded><![CDATA[<p>Great story.</p>
<p>Why don&#8217;t the Packers have any LT debt? I&#8217;m assuming it&#8217;s because we finance any expansions with equity (our stock sales), but do we intentionally not take on LT debt or what? Seems strange to totally shut off a potential capital source like that, especially since we need to argue with the league about every stock sale.</p>
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		<title>By: ay hombre</title>
		<link>http://www.totalpackers.com/2011/06/04/opened-books-packers-financials-facts-and-what-they-mean/#comment-21939</link>
		<dc:creator>ay hombre</dc:creator>
		<pubDate>Sat, 04 Jun 2011 22:08:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.totalpackers.com/?p=9773#comment-21939</guid>
		<description><![CDATA[Well done! Where the fuck is the AP or UPI when you need them? Send this story in!]]></description>
		<content:encoded><![CDATA[<p>Well done! Where the fuck is the AP or UPI when you need them? Send this story in!</p>
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