1 correlation does not imply causation.
2 these shares do nothing to influence the organization or create accountability. It's essentially a fan club.
The shareholders elect the board in Regina and Green Bay. The Riders have had an unprecedented era of stability and success both on and off the field since adopting their current board structure. I guess you could stick your fingers in your ears and say "la la la la la" and say the two things are unrelated, but that would be pretty ridiculous.
Hey I'll be happy to admit I'm putting my fingers in my ear in and saying lalala if you can tell me how the one token board member nominated by the board and "elected' by 'shareholders' in Regina has any kind of clout or even remotely resembles a mechanism for enforcing corporate governance.
Maybe in Green Bay where the entire board is elected by 'owners' there is something to be said. However, if you take 10 seconds to look on google you would know that isn't true because all of the football and operational decisions are made by an executive committee "appointed" by the board but who's make up is actually decided on before a shareholder ever casts a vote.
Its all ceremonial. Nothing is actually happening. its a Gimmick, you and Bartley Knives fell for it.