Right, Manchester United fans, here is the deal. There is an estimated 600 million of you around the world, and counting.
If each donates just US$1 (Dh3.6m) towards David Moyes's transfer kitty, he would be in a position to bring back Cristiano Ronaldo, sign up Lionel Messi, and still have enough change to stick Gareth Bale on the bench.
It sounds like an unlikely scenario from a particularly successful session of Championship Manager.
Two Emirati brothers, Faisal and Khalfan Belhoul, however, are hoping to turn such fantasy into reality.
On Wednesday, at the Armani Hotel at Burj Khalifa, the Dubai-based businessmen launched BuyMyPlayer (www.buymyplayer.com), an online "sport-funding platform" that provides supporters the chance to pledge money to help secure the their clubs' transfer targets.
"A lot of clubs fall short of making the necessary transfers due to lack of adequate funding," said Faisal, the project's chairman. "BuyMyPlayer is a channel these clubs can easily utilise."
Here is how it works. Having registered their emails and teams they support, fans would have two main options to choose from. The first is the "pre-pledge", which allows the fans to indicate a preference for a certain player joining their clubs with a virtual contribution.
If a nomination receives more than 10,000 supporters, it will be taken under consideration by the platform, and the participating clubs. The second, and potentially more tangible option, is "live-pledging", which involves turning that virtual pledge into an actual financial transaction once the selling club have indicated a price that the buyers are looking to meet.
The supporters can pledge any amount towards the signing, with some of the benefits being access to match tickets and meeting players. The money will be refunded in full if the transfer falls through.
Belhoul believes the system is not as far-fetched as it may seem. On the contrary, he says it could be the future of transfers for many football clubs, and says that several ones approached so far have indicated a willingness to work with BuyMyPlayer.
To what extent bigger clubs are willing to participate remains to be seen, but Khalfan, the BuyMyPlayer chief executive, has no doubts when it comes to fans, saying tens of thousands have registered their emails at the website.
"We know there are masses out there that would do the same," he said. "This was verified from all the feedback we gathered from our database during the pilot phase."
In its first phase the platform will be restricted to clubs in Europe's top five leagues, those in England, Spain, Italy, Germany and France.
Will football's establishment be open to such a concept?
From a professional point of view, support for the launch came from Arsenal's Bacary Sagna and the former Real Madrid defender Michel Salgado, the football ambassador for Dubai Sports City.
"When I first heard about it I thought: 'What are they thinking? The agents will kill them,'" Salgado said, and added: "But when they explained to me point by point what they plan to do, I realised it is a great idea."
Salgado's home country of Spain is no stranger to fan initiatives to help struggling clubs. Last season, for example, fans of Real Oviedo pooled their finances to save their club from going into administration. Similarly Portsmouth, in England, were saved by the pledges of their supporters.
The case for individual player transfers, however, would be more complicated.
Over recent years cases of outside entities partly funding player transfers have arisen. Most commonly, sporting agencies or banks, especially in Spain, have contributed to transfer fees, leading to the troublesome and murky world of third-party ownership, and who gets what percentage from subsequent transfers.
Khalfan Belhoul maintains that BuyMyPlayer is nothing more than a "catalyst" to making transfers happen that otherwise would not, and was keen to highlight that this can be done only with the consent of all parties concerned: football authorities, the two clubs, the player and the agent.
Above all it will rely on the passion and devotion of fans. It is certainly a brave venture, "revolutionary" according to Salgado, the platform's brand ambassador. It may turn out to be an idea more attractive to less well-off clubs, perhaps those just promoted or struggling to stay up.
Having their funds boosted in the January transfer window, for example, might be an option they cannot afford to discount in what Salgado called "difficult markets".
Further down the line, the concept may work a treat for clubs in the lower tiers of Europe's top nations and around the world because the founders intend to expand it.
"These days, no club will say no to extra funding," Faisal Belhoul said.
Even David Moyes?
akhaled@thenational.ae
Follow us
@SprtNationalUAE
WORLD CUP FINAL
England v South Africa
Yokohama International Stadium, Tokyo
Saturday, kick-off 1pm (UAE)
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
More from Rashmee Roshan Lall
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
'Gehraiyaan'
Director:Shakun Batra
Stars:Deepika Padukone, Siddhant Chaturvedi, Ananya Panday, Dhairya Karwa
Rating: 4/5
Sui Dhaaga: Made in India
Director: Sharat Katariya
Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav
3.5/5
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
The bio
His favourite book - 1984 by George Orwell
His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard
Favourite place to travel to - Peloponnese, Southern Greece
Favourite movie - The Last Emperor
Favourite personality from history - Alexander the Great
Role Model - My father, Yiannis Davos
More on animal trafficking
Gulf Under 19s final
Dubai College A 50-12 Dubai College B
Name: Brendalle Belaza
From: Crossing Rubber, Philippines
Arrived in the UAE: 2007
Favourite place in Abu Dhabi: NYUAD campus
Favourite photography style: Street photography
Favourite book: Harry Potter
Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
Poland Statement
All people fleeing from Ukraine before the armed conflict are allowed to enter Poland. Our country shelters every person whose life is in danger - regardless of their nationality.
The dominant group of refugees in Poland are citizens of Ukraine, but among the people checked by the Border Guard are also citizens of the USA, Nigeria, India, Georgia and other countries.
All persons admitted to Poland are verified by the Border Guard. In relation to those who are in doubt, e.g. do not have documents, Border Guard officers apply appropriate checking procedures.
No person who has received refuge in Poland will be sent back to a country torn by war.
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
%3Cp%3EThe%20Punishment%20of%20Luxury%3Cbr%3EOMD%3Cbr%3E100%25%20Records%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
The Little Things
Directed by: John Lee Hancock
Starring: Denzel Washington, Rami Malek, Jared Leto
Four stars