Thursday, November 10, 2011

Minnesota Vikings IPO

The new Minnesota Vikings stadium has been a hot issue for a while now - we all know this. Something new has been brought to the stable regarding potential financing for the stadium: Public Ownership.

Just across the border the Green Bay Packers use a business model that could serve as a guidance for the Minnesota Vikings as they continue to grapple over funding streams. Benefits of a publicly held team could provide lasting solutions to numerous obstacles the team faces.

The Vikings would remain in Minnesota, which is great for the state's economy, but the state wouldn't have to foot the bill for a shiny new stadium. There are citizens who are willing, however, and those fans would make this solution viable along with the current owners.

The stock options would generate revenue for the new stadium as well as free up capital for the Wilf family, while the family would enjoy almost all of the control they currently have.

What do you think?

No comments: