What Moves Manchester United's Stock?By
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- One of the World’s Hottest Stocks Is Now Tumbling
- This Rare Bear Who Called the Crash Warns Housing Is Too Hot Again
- Recent ‘Odd’ Market Moves May Be a Warning Sign for Stocks
- The Global Economy Is Doing Just Fine, But the Davos Elite Is Worried
- U.S. Stocks, Treasuries Rise as Greenback Weakens: Markets Wrap