Carlo Ancelotti, left, was full of support for Arsene Wenger, right, after Bayern Munich thrashed Arsenal on Wednesday night. Odd Andersen / AFP
Carlo Ancelotti, left, was full of support for Arsene Wenger, right, after Bayern Munich thrashed Arsenal on Wednesday night. Odd Andersen / AFP

Arsenal thrashed but Bayern Munich manager comes to Arsene Wenger’s defence



MUNICH // Bayern Munich manager Carlo Ancelotti has backed under-fire Arsene Wenger to lead Arsenal out of their slump, despite their “sensational” 5-1 Uefa Champions League thrashing in Germany.

Wenger’s 20-year reign as Arsenal manager is under pressure after their mauling at Thiago Alcantara-inspired Bayern.

The Gunners had few answers to the hosts’ second-half display at the Allianz Arena and face an uphill battle for the last-16, second-leg tie on March 7.

But Ancelotti says the Frenchman has the experience to pull Arsenal out of the mire as they stare down the barrel of a seventh last-16 exit in consecutive seasons.

“This is football, Arsene has the experience to manage this result and move forward – this is only one game,” said Ancelotti, who oversaw his 148th European game.

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After Alex Ferguson, who managed in 198 Champions League matches, Wenger has the second-highest number of European games under his belt with 183.

Bayern extended their Champions League record to 16 home wins by flooring the London side with three goals in ten second-half minutes.

Arjen Robben gave Bayern the lead after 10 minutes with a curling shot from outside the area.

Arsenal’s Alexis Sanchez equalised when he drilled home a penalty at the second attempt as it finished 1-1 at the break.

But Bayern hit top gear after the interval.

Robert Lewandowski restored the lead with a powerful header before Thiago added two more in a devastating 10-minute spell.

Thomas Muller came off the bench for Lewandowski to net their fifth two minutes from time to complete Arsenal’s misery.

Ancelotti hailed it as Bayern’s best performance since he replaced Pep Guardiola as manager this season.

He proclaimed Thiago’s magnificent 90 minutes in the attacking midfield role as “perfect”.

“Thiago played really well, we put him in the position between their lines. It meant he closed them down and gave us more space,” Ancelotti said.

“His performance was really good – he was perfect.

“It’s the best performance since I have been here, but it’s not the final, we still have another game – unfortunately.”

The Italian said the focus is now on completing the job in the second leg, which would see Bayern knock Arsenal out in the last 16 for the fourth time.

“The result was really important and we have the advantage, but we don’t want to make a mistake,” Ancelotti said.

“We want to play like we did tonight with the same intensity, the same spirit and the same tempo, because we don’t want to give ourselves problems.”

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■ More: Imminent exit of Lahm can spark bid for European success

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The result matched the 5-1 group-stage thrashing Arsenal received in Munich in November 2015 – the club’s joint record away defeat in Europe.

Robben also conceded he was surprised by the margin. “Things worked very well,” the Dutch winger said.

“I am a bit surprised that we played so well, but on the other hand, I know the team has great character and can move up a gear when it matters.”

Bayern’s captain Philipp Lahm, who like Xabi Alonso, will retire in June, said the first-leg result should be enough to reach the quarter-finals for the sixth year in a row.

“Before the penalty, we were very good, then not very good until half time, but sensational after that,” said Lahm, who is suspended for the second leg after a booking.

“We used our quality in terms of possession and created the goals at the right time.

“A 5-1 should be enough for the return leg.”

The brutal domination of Bayern’s second-half display left Chile midfielder Arturo Vidal dreaming of the Cardiff final on June 3.

“It would be a dream to win the Champions League,” said Vidal, who lost the 2015 final with Juventus against Barcelona.

* Agence France-Presse

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COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

RESULTS

Dubai Kahayla Classic – Group 1 (PA) $750,000 (Dirt) 2,000m
Winner: Deryan, Ioritz Mendizabal (jockey), Didier Guillemin (trainer).
Godolphin Mile – Group 2 (TB) $750,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar
Dubai Gold Cup – Group 2 (TB) $750,000 (Turf) 3,200m
Winner: Subjectivist, Joe Fanning, Mark Johnston
Al Quoz Sprint – Group 1 (TB) $1million (T) 1,200m
Winner: Extravagant Kid, Ryan Moore, Brendan Walsh
UAE Derby – Group 2 (TB) $750,000 (D) 1,900m
Winner: Rebel’s Romance, William Buick, Charlie Appleby
Dubai Golden Shaheen – Group 1 (TB) $1.5million (D) 1,200m
Winner: Zenden, Antonio Fresu, Carlos David
Dubai Turf – Group 1 (TB) $4million (T) 1,800m
Winner: Lord North, Frankie Dettori, John Gosden
Dubai Sheema Classic – Group 1 (TB) $5million (T) 2,410m
Winner: Mishriff, John Egan, John Gosden

Turkish Ladies

Various artists, Sony Music Turkey 

How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

T10 Cricket League
Sharjah Cricket Stadium
December 14- 17
6pm, Opening ceremony, followed by:
Bengal Tigers v Kerala Kings 
Maratha Arabians v Pakhtoons
Tickets available online at q-tickets.com/t10

GULF MEN'S LEAGUE

Pool A Dubai Hurricanes, Bahrain, Dubai Exiles, Dubai Tigers 2

Pool B Abu Dhabi Harlequins, Jebel Ali Dragons, Dubai Knights Eagles, Dubai Tigers

 

Opening fixtures

Thursday, December 5

6.40pm, Pitch 8, Abu Dhabi Harlequins v Dubai Knights Eagles

7pm, Pitch 2, Jebel Ali Dragons v Dubai Tigers

7pm, Pitch 4, Dubai Hurricanes v Dubai Exiles

7pm, Pitch 5, Bahrain v Dubai Eagles 2

 

Recent winners

2018 Dubai Hurricanes

2017 Dubai Exiles

2016 Abu Dhabi Harlequins

2015 Abu Dhabi Harlequins

2014 Abu Dhabi Harlequins

'Champions'

Director: Manuel Calvo
Stars: Yassir Al Saggaf and Fatima Al Banawi
Rating: 2/5
 

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

COMPANY PROFILE

Company name: Alaan
Started: 2021
Based: Dubai
Founders: Parthi Duraisamy and Karun Kurien
Sector: FinTech
Investment stage: $7 million raised in total — $2.5 million in a seed round and $4.5 million in a pre-series A round

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

Results

7pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Dirt) 1,600m; Winner: RB Kings Bay, Abdul Aziz Al Balushi (jockey), Helal Al Alawi (trainer)

7.30pm: Maiden (PA) Dh 70,000 (D) 1,600m; Winner: AF Ensito, Fernando Jara, Mohamed Daggash

8pm: Maiden (PA) Dh70,000 (D) 1,400m; Winner: AF Sourouh, Tadhg O’Shea, Ernst Oertel

8.30pm: Maiden (PA) Dh70,000 (D) 1,800m; Winner: Baaher, Fabrice Veron, Eric Lemartinel

9pm: Maiden (PA) Dh70,000 (D) 2,000m; Winner: Mootahady, Antonio Fresu, Eric Lemartinel

9.30pm: Handicap (TB) Dh70,000 (D) 2,000m; Winner: Dubai Canal, Tadhg O’Shea, Satish Seemar

10pm: Al Ain Cup – Prestige (PA) Dh100,000 (D) 2,000m; Winner: Harrab, Bernardo Pinheiro, Majed Al Jahouri

TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel

Naga

Director: Meshal Al Jaser

Starring: Adwa Bader, Yazeed Almajyul, Khalid Bin Shaddad

Rating: 4/5

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat

Janet Yellen's Firsts

  • In 2014, she became the first woman to lead the US Federal Reserve 
  • In 1999, she became the first female chair of the White House Council of Economic Advisers 

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