What Moves Manchester United's Stock?

Manchester United is doing just fine, thanks. That was the message to investors during the English soccer club’s earnings call with analysts last week. United, the most successful club in the history of English soccer and a publicly traded company in the U.S., is having one of its worse seasons in decades. Yet the current struggles on the pitch, says Ed Woodward, team vice chairman, are not damaging the team’s commercial prospects. ”It takes a long, long time to build up a huge fan base,” he told analysts on the call.

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