Armed with a healthy financial portfolio and sky-high fan interest in the defending Super Bowl champions, the Green Bay Packers said Thursday they would move ahead with plans to add approximately 6,600 seats in a revamped south end zone at Lambeau Field and add a gate and rooftop viewing platform in the north end zone.
And for those who have always wanted to be an owner of a professional football team, the Packers say they may hold another stock sale, the fifth in the history of the franchise. As always, the stock is worthless, but it gives any fan bragging rights.
The entire project will cost an estimated $143 million.
Two new video boards and the work on the north end zone should be done in time for the 2012 season. The entire project should be ready for the beginning of the 2013 football season, team officials said Thursday at a news conference at Lambeau Field.
Better yet, Mark Murphy, the Packers' president and CEO, and Jason Wied, vice president of administration, said the team would not ask for public tax money to pay for it. That is a departure from 2003, when Brown County residents agreed to pay a 0.5% sales tax as part of the financing for the $295.2 million Lambeau makeover.
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