Originally posted on The Sports Bank  |  Last updated 2/21/12

Great news for our friends and readers in the Great White North. Canadian Packer backers just across the Upper Peninsula of Michigan and Lake Superior who want to buy Green Bay Packers team ownership stock will now get their chance.

On Monday the team cleared Canadian regulatory requirements and is now selling shares. Each share costs $250. In the U.S., there’s also a $25 handling fee. In Canada, the charge is $35.

The NFL’s only publicly-owned team originally offered 280,000 shares, with 17,000 shares left as of Feb. 14. The sale ends Feb. 29. The money is being used to fund an expansion of Lambeau Field. The shares pay no dividends and have virtually no re-sale value.

For more on buying/owning Packers stock go here

Paul M. Banks is CEO of The Sports Bank.net, an official Google News site generating millions of unique visitors. He’s also a regular contributor to Chicago Now, Walter Football.com, Yardbarker, and Fox Sports

A Fulbright scholar and MBA, Banks has appeared on live radio all over the world; and he’s a member of the Football Writers Association of America, U.S. Basketball Writers Association, and Society of Professional Journalists. The President of the United States follows him on Twitter (@Paul_M_BanksTSB) You should too.

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