Al Ain's goalkeeper Dawoud Sulaiman stops an attempt by Sharjah.
Al Ain's goalkeeper Dawoud Sulaiman stops an attempt by Sharjah.
Al Ain's goalkeeper Dawoud Sulaiman stops an attempt by Sharjah.
Al Ain's goalkeeper Dawoud Sulaiman stops an attempt by Sharjah.

Al Ain fans upset at ticket snub


Paul Radley
  • English
  • Arabic

SHARJAH // Threats by Al Ain fans to cause "mayhem" at the prospect of a shutout at the Sharjah Stadium did not come to pass last night.

Denied an extra 20 per cent allocation of tickets for the Pro League match, some Al Ain supporters had hinted at "creating problems" in and outside the stadium, but those who were locked out waited patiently for an extra batch of tickets to arrive. When they did not, they drifted off.

The helmets and shields of the riot police remained neatly stacked, and their batons holstered at their side. One officer filmed the events outside the stadium on a camcorder.

Barely a cross word was uttered among the 200 luckless fans. Some Al Ain supporters took up the option of sitting with the Sharjah fans, and they edged as near as they could to their own contingent.

The few who remained outside were let in after the half-time interval. Some sat in the gangways, while others stood at the back of the stand.

"Many more people were put off travelling from Al Ain because they thought they would not get let in," Mazen Moosa said from inside the away-supporters section.

"They know that if they come to the ground and sit with the opposition supporters, there is a possibility of unrest, and they do not want to get the club in trouble."

Abdullah Al Tunaiji is usually beside himself with joy when Asamoah Gyan, his favourite Al Ain player, scores a goal. Last night, though, he kicked the dirt as hard as he could with his little right foot, then promptly burst into tears.

When the Ghana forward gave the league leaders an early lead, the six-year-old schoolboy was still outside the ground, waiting in vain for an extra allocation of tickets for away fans to arrive.

"I told him we can go and sit with the Sharjah supporters, but he didn't want to take his [purple Al Ain] scarf off and put it back in the car," said his older brother, Saif.

"I feel very bad as this is his first time at a live game and he really wanted to come and sit with our supporters.

"He is very upset. It is nonsense that we can't go in."

As Abdullah wiped away his tears with a large, purple inflatable hand, which was adorned with the Al Ain crest, he managed to see a replay of the goal via the smartphone of one his brother's friends. Not that it helped his mood much.

"We want to watch the game with our friend [inside the away section]," said Saleh Al Ali, another Sharjah-based Al Ain supporter left outside.

"This has never happened to us before, even when we have only arrived just before kick-off.

"Home clubs should give 30 per cent of the tickets to the guests, especially when it is Al Ain as we have the most supporters."

Carlo Nohra, the chief executive at Al Ain, confirmed that the club had made a request for 30 per cent of the seats at Sharjah, but conceded that the request had not come 15 days before the match, as outlined by league rules.

"The response was negative, which is their right as we made the request late," Nohra said in midweek.

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David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

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.”

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Previous men's records
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  • 2:04:55: Paul Tergat (KEN) on 28/09/2003 in Berlin
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  • 2:05:42: Khalid Khannouchi (USA) 24/10/1999 in Chicago
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