Wednesday, January 16, 2008

Web Site Gauges Dolphins Fans' Interest In Owning Shares Of Club

It’s a long shot for sure, but Stan D’Alo, a Dolphins season ticket holder from Coral Springs, is trying to gauge fan interest in purchasing stock in the team. He’s launched buythefins.com, a Web site where fans can indicate their interest in purchasing a piece of the Dolphins. He’s estimating 10 million shares at $120 to $130 apiece. No one would be allowed to own more than 2 percent of the total shares. “We’re going to ask people 'if stock was offered in the team would you buy it?',” D’Alo said. “Basically I want to organize people and see how much interest there is.” D’Alo was inspired to launch the site after word leaked last month that Dolphins owner H. Wayne Huizenga was in talks to potentially sell the team for at least $1 billion. D’Alo figured it’d be worth trying to make the team a community asset, like the Green Bay Packers.
http://blogs.trb.com/sports/custom/business/blog/2008/01/buy_a_piece_of_the_dolphins.html

No comments: