Juventus, Man United Shares Boosted by Super League Plan
- United gains 9% in New York, Juventus soars 19% in Milan
- Competition revenue could beat Champions League, analysts say
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Shares of Juventus Football Club S.p.A. and Manchester United Plc climbed after the two clubs joined controversial new plans for a European “super league” that could transform revenue streams at the top level of the sport.
Juventus’s stock rose as much as 19% to 91.70 euro cents in Milan, the most in more than a year, while United gained 9.8% to $17.75 in early trading in New York, the most in more than five months.