Manchester City’s Mario Balotelli scored the winner from the penalty spot in the fifth minute of injury time.
Manchester City’s Mario Balotelli scored the winner from the penalty spot in the fifth minute of injury time.
Manchester City’s Mario Balotelli scored the winner from the penalty spot in the fifth minute of injury time.
Manchester City’s Mario Balotelli scored the winner from the penalty spot in the fifth minute of injury time.

Balotelli needs to be taught a lesson


  • English
  • Arabic

Robert Frost, the American poet, once wrote that education is the ability to face almost anything without losing your temper.

That being the case, Mario Balotelli needs to go back to school.

The 21 year old's apparent stamp on the head of the Tottenham Hotspur midfielder Scott Parker on Sunday - the latest in a lengthening line of malicious misdemeanours - was as petulant as it was savage.

There is little doubt that, had Howard Webb, the referee, seen the incident, Balotelli would have been dismissed for the fourth time in just 32 games.

The Manchester City striker, who was booked within 13 minutes of his introduction as a second-half substitute, may now face a retrospective four-match ban and a possible fine for his actions, but as Harry Redknapp, the Spurs manager, said in his post-match news conference: "What happens now doesn't interest me".

The outcome of a potential English Football Association investigation is likely not a concern to Redknapp because Balotelli has already left his mark on Spurs' title challenge, as well as Parker's head.

With an eight-point gap now apparent courtesy of the former Inter Milan forward's 95th minute penalty, the north London side's aspirations of a first title since 1961 are all but finished.

Had Balotelli seen a red card as well as a red mist, the result might have been different.

Of course, it might not have and we will never know either way, but it certainly would not have been the first time his actions lumped further strain on his teammates.

Roberto Mancini, the City manager, will know he has benefited from arguably Webb's biggest blunder since failing to send off Nigel de Jong at the 2010 World Cup final.

Having allegedly dressed up as Santa Claus in December and handed out wads of cash to the public, Balotelli was said to have earlier this month volunteered to pay off all the outstanding library fines owed by students at the University of Manchester.

Such tales are the reason why Redknapp was asked whether he thought the Italian to be a "loveable eccentric".

"What do you think?" replied the Englishman, exasperated. "He's nothing to do with me. It's up to their manager."

How Mancini deals with Balotelli could be crucial in the Manchester club's push for the title. Giving his player an education in how to keep his temper in check when faced with frustration would be a perfect place to start.

Cryopreservation: A timeline
  1. Keyhole surgery under general anaesthetic
  2. Ovarian tissue surgically removed
  3. Tissue processed in a high-tech facility
  4. Tissue re-implanted at a time of the patient’s choosing
  5. Full hormone production regained within 4-6 months
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Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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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.”

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