Team GB's Robbie Fergusson scores a try in the men's pool B rugby sevens match between Britain and Canada during the Tokyo 2020 Olympic Games. AFP
Team GB's Robbie Fergusson scores a try in the men's pool B rugby sevens match between Britain and Canada during the Tokyo 2020 Olympic Games. AFP
Team GB's Robbie Fergusson scores a try in the men's pool B rugby sevens match between Britain and Canada during the Tokyo 2020 Olympic Games. AFP
Team GB's Robbie Fergusson scores a try in the men's pool B rugby sevens match between Britain and Canada during the Tokyo 2020 Olympic Games. AFP

Captain Fergusson sure Team GB can win over the sceptics with performances on the pitch


Paul Radley
  • English
  • Arabic

Gone are the days when England fans rocked up to the Emirates Dubai Sevens expecting their side to be in title contention at the end of it.

It is 12 years now since England was last inscribed on the Emirates International Trophy. And they will struggle to do it this weekend, seeing as the side no longer exists.

For years, England, Wales and Scotland fans had baited each other in the scaffolding stands while their teams did battle on the field.

Then in the past two years they discovered they were going to have to rub along nicely instead seeing as they were all part of the same team now. Most were a little nonplussed to discover the home nations had been merged to make Great Britain Sevens.

Robbie Fergusson, the captain of the GB men’s team, says it has taken some getting used to, even for the players.

“I have some of my best memories here from when I was playing for Scotland against England, and the bagpipes were playing and there was the rivalry,” Fergusson said.

“Last year was almost a shock to the fans. They didn’t seem to be fully aware of GB and what that was. There would still be an English contingent, a Welsh contingent and a Scottish contingent.

“[Dubai] was the first tournament last year and as the year went on the GB element grew. We saw Union Jacks and the fans came round to it.

“It will be interesting to see this weekend where we are with it. The expat community is obviously massive, with lots of English support.

“Will they stick with England and not really know as they are there for the party, or have they twigged on to the Great Britain thing?

“We have found that the better you play in these tournaments the more people back you anyway. So that is the simple answer.”

All 24 captains at the captain’s photo prior to the Emirates Dubai 7s at One Za’abeel in Dubai. KLC fotos for World Rugby
All 24 captains at the captain’s photo prior to the Emirates Dubai 7s at One Za’abeel in Dubai. KLC fotos for World Rugby

Ayr-born Fergusson knows bagpipes are a little slice of home for him, but he says all of his teammates would appreciate hearing them in the stands.

“Whether you know it or not, you have our own little cultures inside the team, but the English boys love the bagpipes, as do the Welsh boys,” Fergusson said.

“Yes, we know it is iconic of Scotland, but as Great Britain it encompasses what we are as well. It is a thing we love in general, not just for us Scottish players.”

Although England last won in Dubai in 2011, they did finish second in 2015, then third for the four years which followed.

Wales were third in 2012 and fourth in 2016, having won the Rugby World Cup Sevens when it was played in Dubai in 2009.

When they joined forces for the first Olympics sevens tournament in Rio in 2016, they took silver behind Fiji.

And yet the new, permanent GB team has more modest goals at present. They finished ninth on the World Series last season, so retaining their place on the newly revamped 12-team series for next season is priority No 1.

Financial constraints have also altered the way they train. There three four-day camps in Largs near Glasgow, and also played a four-day tournament in Spain.

“The reality of Great Britain is we are still a team that is forming and finding its feet,” Fegusson said.

“We don’t have a training base. We travel to train and everything is camp based for us. We have had really minimal training together, 16 days, when some of these teams will have done 16 weeks.

“That is where we are as a team. We know there is going to be hurt in this but one thing we are is super tight as a group. Our culture is brilliant.

“We realise it is backs against the wall for us which makes you tighter as a group off the field. Whether that translates on the field, maybe not early doors, but I think it will slowly.

“These two weeks [for Dubai and the Cape Town Sevens which follows] are massive for us because it almost doubles our time together. We know there will be hurt involved, but it is about how we learn and develop.”

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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.”

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

 

 

FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT)

Tuesday
Mairobr v Liverpool
Spartak Moscow v Sevilla
Feyenoord v Shakhtar Donetsk
Manchester City v Napoli
Monaco v Besiktas
RB Leipzig v Porto
Apoel Nicosia v Borussia Dortmund
Real Madrid v Tottenham Hotspur

Wednesday
Benfica v Manchester United
CSKA Moscow v Basel
Bayern Munich v Celtic
Anderlecht v Paris Saint-Germain
Qarabag v Atletico Madrid
Chelsea v Roma
Barcelona v Olympiakos
Juventus v Sporting Lisbon

Updated: December 01, 2023, 8:02 AM