A year ago last Wednesday, Erik Thohir, the Indonesian billionaire, became the majority shareholder at Inter Milan and a new era opened for the most decorated Italian club of the past decade.
The idea that Serie A might be stepping in a fresh, bold direction with Thohir’s arrival also took hold.
The division needed rebooting, said Thohir, a point he repeated in the interviews he gave to mark the anniversary of his takeover.
Thohir also has interests in Major League Soccer and in Indonesia football, and he told CNN: “It’s important we think globally.”
He urged his fellow club presidents in Italy not to let the once-glamorous brand that is Serie A fall further behind Spanish or German domestic football in perceived international status.
Thohir is not unique among investors from outside Europe to look with envy at the way the English Premier League markets and sells itself.
Nor, apparently, is he alone for thinking Serie A clubs, few of whom are foreign-owned, represent an opportunity, with huge potential for growth.
Witness Roma’s current renaissance, three years after a US-based group took over there.
On the day Thohir celebrated his first birthday as the most influential figure at Inter, stories – speculative so far – emerged that Qatari investors were considering moving for a stake in Napoli, who, like Inter, are a club confident of their large support-base, but frustrated at the barriers separating them from the game’s elite playground.
Inter meet Napoli tomorrow night, a big-audience fixture but 10th versus seventh in the Serie A table.
That means neither are in the shaded zone that would put them in any European competition were they not to elevate their positions by the season’s end, and a long way short of the top two spots that guarantee participation in the Uefa Champions League.
Inter won that prize just four years ago and then entrusted the defence of the title to Rafa Benitez, who is now coach of Napoli.
Napoli, meanwhile, made an energetic debut in the Champions League in 2011/12, guided there by Walter Mazzarri, who is now the manager of Inter.
The fact that Mazzarri is well into a second season at Inter means he is already enjoying a longer tenure than a majority of the coaches employed under Thohir’s predecessor, Massimo Moratti, who remains the club’s honorary president.
Benitez lasted barely five months at the club. He would have been forgiven for thinking sympathetically about Mazzarri’s position when Thohir last week confirmed he had been seeking the advice of Moratti about how the club should steer their way through a delicate phase in their campaign.
Inter have lost their past two league matches, heavily: 4-1 at home to Cagliari and 3-0 at Fiorentina.
“Walter Mazzarri will be coach at Inter for many years because what we need is stability,” Thohir said last week. Yet, inevitably, the buzz around the Italian peninsula is that another defeat might cause Thohir to reassess.
If he is as sensitive to booing from Inter followers as Moratti was, Mazzarri probably cannot afford to lose this joust with Benitez.
Juventus and Roma already appear well on schedule to take the top two places.
Whether Mazzarri or a successor has the resources at Inter to build a sustained challenge for third place, and a Champions League play-off next August, is also a doubt.
Thohir has authorised just over €25 million (Dh117.5) of spending on new players in the two transfer windows of his presidency, a modest outlay by the standards of Moratti’s extravagant 20 years.
Two of the summer recruits, Danilio D’Ambrosio and Daniel Osvaldo, are injured and the midfield roster appears threadbare given the fitness doubts afflicting Gary Medel, Fredy Guarin, Mateo Kovacic, Yuto Nagatomo and Jonathan. Mazzarri’s line-up tomorrow will be long way from the XI he would ideally look to play.
As for Thohir, it would be safe to assume that mid-table in Serie A is a long way from the ideal he envisaged when he took over at Inter 12 months ago.
sports@thenational.ae
Fixtures
Today
Roma v Chievo 8pm
Sassuolo v Juventus 10.45pm Tomorrow
Fiorentina v Lazio 2.30pm
Atalanta v Parma 5pm
Cagliari v Sampdoria 5pm
Palermo v Cesena 5pm
Torino v Udinese 5pm
Verona v AC Milan 5pm
Inter Milan v Napoli 10.45pm
Monday
Genoa v Empoli 10.45pm
Serie A table
Team P W D L GD P
Juventus 6 6 0 0 11 18
Roma 6 5 0 1 7 15
Sampdoria 6 4 2 0 5 14
Udinese 6 4 1 1 4 13
AC Milan 6 3 2 1 4 11
Verona 6 3 2 1 1 11
Napoli 6 3 1 2 1 10
Lazio 6 3 0 3 4 9
Fiorentina 6 2 3 1 2 9
Inter Milan 6 2 2 2 3 8
Genoa 6 2 2 2 0 8
Empoli 6 1 3 2 0 6
Cesena 6 1 3 2 -5 6
Torino 6 1 2 3 -3 5
Cagliari 6 1 1 4 -2 4
Chievo 6 1 1 4 -4 4
Atalanta 6 1 1 4 -6 4
Parma 6 1 0 5 -5 3
Palermo 6 0 3 3 -8 3
Sassuolo 6 0 3 3 -9 3
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
COMPANY%20PROFILE
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Company%20profile
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The Internet
Hive Mind
four stars
Company profile
Name: Dukkantek
Started: January 2021
Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based: UAE
Number of employees: 140
Sector: B2B Vertical SaaS(software as a service)
Investment: $5.2 million
Funding stage: Seed round
Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
Match statistics
Dubai Sports City Eagles 8 Dubai Exiles 85
Eagles
Try: Bailey
Pen: Carey
Exiles
Tries: Botes 3, Sackmann 2, Fourie 2, Penalty, Walsh, Gairn, Crossley, Stubbs
Cons: Gerber 7
Pens: Gerber 3
Man of the match: Tomas Sackmann (Exiles)
UAE currency: the story behind the money in your pockets
Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
Islamic%20Architecture%3A%20A%20World%20History
%3Cp%3E%3Cstrong%3EAuthor%3A%3C%2Fstrong%3E%20Eric%20Broug%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Thames%20%26amp%3B%20Hudson%3Cbr%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20336%3Cbr%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20September%3C%2Fp%3E%0A
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
The%C2%A0specs%20
%3Cp%3E%0D%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E6-cylinder%2C%204.8-litre%20%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E5-speed%20automatic%20and%20manual%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E280%20brake%20horsepower%20%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E451Nm%20%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh153%2C00%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
Zimbabwe v UAE, ODI series
All matches at the Harare Sports Club:
1st ODI, Wednesday, April 10
2nd ODI, Friday, April 12
3rd ODI, Sunday, April 14
4th ODI, Tuesday, April 16
UAE squad: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed
THURSDAY FIXTURES
4.15pm: Italy v Spain (Group A)
5.30pm: Egypt v Mexico (Group B)
6.45pm: UAE v Japan (Group A)
8pm: Iran v Russia (Group B)
Euro 2020
Group A: Italy, Switzerland, Wales, Turkey
Group B: Belgium, Russia, Denmark, Finland
Group C: Netherlands, Ukraine, Austria,
Georgia/Kosovo/Belarus/North Macedonia
Group D: England, Croatia, Czech Republic,
Scotland/Israel/Norway/Serbia
Group E: Spain, Poland, Sweden,
N.Ireland/Bosnia/Slovakia/Ireland
Group F: Germany, France, Portugal,
Iceland/Romania/Bulgaria/Hungary
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Skoda Superb Specs
Engine: 2-litre TSI petrol
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