Fan-Operated Organization Requests Application From Major League

Tags:
4 Fans Sake Chicago Cubs Community-based Ownership Models Multivu 29102
MultiVu
  • Submitter:
    MultiVu
  • Visits: 70,399
  • Subscribers: 59
  • Comments: 0
  • Updated: 02-Jul-09
  • Videos: 1635
  • International Basic English
  • Comments: 0
  • Views: 249
  • Added: 03-Aug-07

FAN-OPERATED ORGANIZATION REQUESTS APPLICATION FROM MAJOR LEAGUE BASEBALL TO PURCHASE THE CHICAGO CUBS

Chicago-Based 4 FANS SAKE Proposes Proven
Community-Based Ownership Model

4 Fans Sake, a Chicago-based organization led by passionate baseball fans, today announced it has requested the application materials necessary to begin the process of a fan purchase of the Chicago Cubs. The group is advocating a community-based ownership model similar to the one that the NFL's Green Bay Packers has thrived under since the 1920's.

Under the community-based ownership model, Cubs fans would finally have a true voice in the way their team is operated. The fans would fund the purchase of the team through a stock offering, and would acquire voting rights in the selection and control of the team's governing board of directors.

  1. Categories: Sports, News & Events
  2. Related Link: More Information
Comments on

Fan-Operated Organization Requests Application From Major League

0 Comments | Be the first to comment