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mesaSteeler
12-21-2009, 07:35 PM
Steelers add another partner to ownership team
Monday, December 21, 2009
By Ed Bouchette, Pittsburgh Post-Gazette
http://www.post-gazette.com/pg/09355/1022638-100.stm

The Steelers will add another minority partner to their new stable of ownership, although they have not revealed the name of the shareholder.

The new partner was approved at the special league meetings in Dallas last week, and a team spokesman said it is a followup to the closing in September in which the new ownership structure was completed.

"We hope to be able to provide you with the identity of the partner in the near future," a statement from the club read.

Read more: http://www.post-gazette.com/pg/09355/1022638-100.stm#ixzz0aNRt9tIX

SteelerEmpire
12-21-2009, 07:50 PM
Must be nice to be able to invest in an organization like the Pittsburgh Steelers... With the high potential for success of the team for the next couple decades ( I figure Tomlin will be around at least that long ) and the massive fan base of the Steeler Nation, and growing, they should make a killing.
Wish the Steelers offered shares of stock on Wall Street...

mesaSteeler
12-21-2009, 07:58 PM
Must be nice to be able to invest in an organization like the Pittsburgh Steelers... With the high potential for success of the team for the next couple decades ( I figure Tomlin will be around at least that long ) and the massive fan base of the Steeler Nation, and growing, they should make a killing.
Wish the Steelers offered shares of stock on Wall Street...

It's a nice idea for the Steelers to offer stock but if they did they would be vulnerable to a hostile takeover.

markymarc
12-22-2009, 12:10 PM
It appears the new investor has been named:

http://www.post-gazette.com/pg/09356/1022802-100.stm

Steelers to announce new investor
Tuesday, December 22, 2009
By Gerry Dulac, Pittsburgh Post-Gazette

The Steelers are expected to announce the name of another new investor today -- Paul J. Evanson, chairman, president and chief executive officer of Greensburg-based Allegheny Energy.

Previously, Mr. Evanson was president of Florida Power & Light Co., the principal subsidiary of FPL Group, Inc., one of the largest investor-owned electric utilities in the nation.

It is not known what percentage of investment Mr. Evanson, who lives in Palm Beach, Fla., has made in the Steelers franchise. Nor is it known if he is a single investor or head of an investment group comprised of other minority contributors.

Dan Rooney and his son, Art II, are the majority owners of the Steelers franchise after a two-year restructuring in which they purchased most of the remaining shares from Dan's brothers -- Tim, Art Jr., John and Pat.

But they also have 10 other investors who are considered minority owners -- Hollywood producer Thomas Tull, James Haslam III, the Paul family of Pittsburgh, Bruce Rauner, former Steelers receiver John Stallworth, the Varischetti family, hedge-fund billionaire David Tepper, Ben Statler, Mike Wilkins and the Paul Sams family.
More details in tomorrow's Pittsburgh Post-Gazette.

Read more: http://www.post-gazette.com/pg/09356/1022802-100.stm#ixzz0aRT310Ix

IMO you could never go wrong by investing into the Pittsburgh Steelers!