LONDON—Shares of Manchester United Football Club rose to the highest price in their history last week, six years after its American owners made the unpopular decision to take the company public. At any other business listed on the New York Stock Exchange, this would be unequivocally good news. Except Manchester United isn’t just any NYSE-listed business. It is a $4 billion dollar company that trots out 11 highly paid staffers every week to represent one of the most celebrated soccer teams on the planet. And no matter how strong...

Source: Wall Street Journal August 27, 2018 17:15 UTC