Asamoah Gyan smiles after arriving at the Shanghai Pudong International Airport in Shanghai, China, on 8 July 2015. Gyan is expected to finalize a deal this week with Chinese top-flight soccer side Shanghai SIPG. Photo by Weng lei
Asamoah Gyan smiles after arriving at the Shanghai Pudong International Airport in Shanghai, China, on 8 July 2015. Gyan is expected to finalize a deal this week with Chinese top-flight soccer side ShShow more

Asamoah Gyan has left for China but his UAE legacy should be hailed



Asamoah Gyan's departure from Al Ain this week felt rather underwhelming, a little inappropriate even.

But that is appropriate because his money-spinning move to Shanghai SIPG was a whirlwind transfer the Arabian Gulf League champions claim took just three days to sort out.

Cutting short his holiday back in Ghana, Gyan arrived in Dubai on Tuesday morning, said his tearful goodbyes in Al Ain Tuesday night and then landed in China early Wednesday. It was complete, done, over.

For now, the most vivid image of Gyan with his former employers is the one released alongside news of his exit on Tuesday: arguably the UAE’s greatest foreign import stood between board member and team supervisor, parading a congratulatory trinket to commemorate his remarkable four-season spell.

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There would be no fanfare with the farewell, no rousing reception as Gyan marked the conclusion of his time in the Garden City with a match-winner or a fresh trophy to hoist high – yet that is how he should be remembered.

His record in the UAE’s professional era is unrivalled. Three league titles and one President’s Cup crown; 95 goals in 83 top-flight appearances, three Golden Boot awards; 128 goals in 124 matches in all competitions; 12 alone in last year’s Asian Champions League, the highest in the tournament.

He was so often the man for the grand occasion: a winner in the 2014 President’s Cup final, five goals in the knockout stages of last year’s continental campaign, the eventual winner in March’s 2-1 Arabian Gulf League victory against Al Jazira, a result that effectively guaranteed Al Ain the championship.

But, strangely, despite the swift acceptance of Shanghai’s proposal and the even-quicker parting with Al Ain, the time was right for both club and player.

At 29, Gyan’s finest form appeared to be slipping away, especially when he struggled with a persistent and problematic quadriceps issue last season. Subsequently, the 2014/15 season was his least productive in the UAE: 12 league starts, five more as substitute, although he still netted 13 times.

Yet the lingering injury consigned Gyan to the bench for the Super Cup clash with Al Ahli and the President’s Cup quarter-final against Al Nasr, two of Al Ain’s most important domestic fixtures.

Little wonder, then, that the club decided to cash in. If the reported transfer fee is true, €20 million (Dh81m), was simply too good to refuse. Gyan will never command that amount again or be able to access such a financial package for himself, deemed to be about €250,000 per week. On all sides, this made sense.

How will Gyan be remembered? Mercenary or model signing? Undoubtedly, his switch to Al Ain in 2011 was motivated by money – Gyan was initially paid €3m for the first year – but the argument stands that he was more than worth the outlay.

Justifiably at the time, he attracted criticism outside the UAE, questions as to why a 25 year-old international would swap the English Premier League to spend his peak years in an emergent league in the Middle East. Yet he has justified that decision.

Since joining Al Ain, Gyan has excelled for Ghana, more recently as captain, often crediting the UAE for helping sustain his international thrive. He has not stagnated here, but strengthened.

His impact on the development of the UAE top flight has been significant, as well. Gyan broke the mould, a player yet to reach the pinnacle of his powers who came not only to protect his future, but to progress, too. He became the league’s luminary, regularly referenced by others to follow suit. In his time at Al Ain, the division’s foreign demographic has gotten progressively younger. Gyan aided that.

Granted, he has departed for one final bounty. But Al Ain and UAE football are better for Gyan’s contribution. Once the dust settles on his lucrative lurch to Shanghai, that is how he should be remembered.

jmcauley@thenational.ae

Follow us on Twitter at NatSportUAE

Poacher
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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 

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.”

A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Notable Yas events in 2017/18

October 13-14 KartZone (complimentary trials)

December 14-16 The Gulf 12 Hours Endurance race

March 5 Yas Marina Circuit Karting Enduro event

March 8-9 UAE Rotax Max Challenge

Mia Man’s tips for fermentation

- Start with a simple recipe such as yogurt or sauerkraut

- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.

- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.

- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.

 

Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
  • Drones
  • Animals
  • Fireworks/ flares
  • Radios or power banks
  • Laser pointers
  • Glass
  • Selfie sticks/ umbrellas
  • Sharp objects
  • Political flags or banners
  • Bikes, skateboards or scooters
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2. Adam Yates (GBR) Ineos Grenadiers, at 1s

3. Pello Bilbao (ESP) Bahrain-Victorious, at 5s

General Classification

1. Tadej Pogacar (SLO) UAE Team Emirates, in 25:38:16

2. Adam Yates (GBR) Ineos Grenadiers, at 22s

3. Pello Bilbao (ESP) Bahrain-Victorious, at 48s

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Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
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Fuel economy, combined 9.2L / 100km

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Saturday 15 January: v Canada
Thursday 20 January: v England
Saturday 22 January: v Bangladesh

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Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly, Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya Shetty, Kai Smith

THE SPECS – Honda CR-V Touring AWD

Engine: 2.4-litre 4-cylinder

Power: 184hp at 6,400rpm

Torque: 244Nm at 3,900rpm

Transmission: Continuously Variable Transmission (CVT)

0-100kmh in 9.4 seconds

Top speed: 202kmh

Fuel consumption: 6.8L/100km

Price: From Dh122,900

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  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
The specs

Engine: 3-litre twin-turbo V6

Power: 400hp

Torque: 475Nm

Transmission: 9-speed automatic

Price: From Dh215,900

On sale: Now

UAE currency: the story behind the money in your pockets
Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

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