Dean Marney (Burnley), left: He may not be the most glamorous name on the list but long-serving midfielder. But he and Scott Arfield have given a combined 13 years' service to the Clarets. Both players' Turf Moor departures were confirmed by Sean Dyche last month. Scotland-born Arfield has held talks with Rangers, while former Tottenham Hotspur and Hull City man Marney has been in discussions with Championship Nottingham Forest. Laurence Griffiths / Getty Images
Dean Marney (Burnley), left: He may not be the most glamorous name on the list but long-serving midfielder. But he and Scott Arfield have given a combined 13 years' service to the Clarets. Both players' Turf Moor departures were confirmed by Sean Dyche last month. Scotland-born Arfield has held talks with Rangers, while former Tottenham Hotspur and Hull City man Marney has been in discussions with Championship Nottingham Forest. Laurence Griffiths / Getty Images
Dean Marney (Burnley), left: He may not be the most glamorous name on the list but long-serving midfielder. But he and Scott Arfield have given a combined 13 years' service to the Clarets. Both players' Turf Moor departures were confirmed by Sean Dyche last month. Scotland-born Arfield has held talks with Rangers, while former Tottenham Hotspur and Hull City man Marney has been in discussions with Championship Nottingham Forest. Laurence Griffiths / Getty Images
Dean Marney (Burnley), left: He may not be the most glamorous name on the list but long-serving midfielder. But he and Scott Arfield have given a combined 13 years' service to the Clarets. Both player

Chelsea get value for money in Premier League opener


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For three minutes Burnley could dream – they led Jose Mourinho’s Chelsea and the Turf Moor faithful were buoyant.

The newly promoted side had the title contenders on the ropes thanks to a 14th-minute goal from Scott Arfield.

But reality quickly brought things back to earth with a thud as Chelsea gave a powerful demonstration of just why they are favourites to win the Premier League title.

Three goals in 16 minutes from the multimillion pound London club gave Burnley a sharp wake-up call on just how tough life in England’s top flight can be.

Chelsea’s Achilles heel last season had been fixtures similar to the trip to Burnley. They did the double over title rivals, Manchester City and Liverpool, and took at least three points against everyone else in the top seven.

But it was not the big names that gave them problems. It was sides in the bottom half of the table and their pesky style of sitting back and defending deep that caused the headaches, leading to blanks against sides such as West Ham United, Crystal Palace, Aston Villa and Norwich City. Thus, Chelsea finished third.

Mourinho had acknowledged before on Monday night that his side had to be more creative and better at breaking down teams if they were going to win the league and what he saw against Burnley would have given him great encouragement, as new signings Diego Costa and Cesc Fabregas had immediate impacts.

It had not completely gone to plan, despite the fact the value of Burnley’s starting 11, in terms of transfer fees, was a little over £1.5 million (Dh9.2m), compared to Chelsea’s £185.5m, with a further £110.5m of talent sat on the substitutes bench for good measure.

The home side started positively and their early endeavours were rewarded when Arfield drove home well from the edge of the area after Matthew Taylor had found space on the left flank to find him with his cross.

A lot is expected of Costa, who joined in the summer from Atletico Madrid for £32m, to improve Chelsea’s goal threat and it took him only 17 minutes to find the net to equalise for his new employers.

A rapid return when you think it took the considerably maligned Fernando Torres, who was an unused substitute, 732 minutes to break his duck in 2011.

There was a degree of fortune about the goal as Branislav Ivanovic’s cross was deflected onto the post, but the Spaniard was first to react to fire home.

There was nothing fortunate about Chelsea’s second goal four minutes later as Andre Schurrle ran to an exquisite flick from Fabregas to put the ball past the Burnley keeper Tom Heaton.

It could have been worse for Burnley as Costa was adjudged to have made too much of light contact with Heaton as he went to ground in the penalty area and a yellow card for diving went the way of the striker.

Chelsea’s link-up play outside the box was fluent, with Fabregas particularly impressive, but the London side did not have to work too hard for their third goal.

Ivanovic got the better of his marker at a Fabregas corner and fired home from close range as Burnley’s backline remained static.

With the game effectively won the second half was a more languid affair with Chelsea content with what they had, passing the ball around confidently, while repelling what little a deflated Burnley had to muster. An impressive opening salvo from Mourinho’s men with the message that the weaknesses of last year have been successfully worked on.

This defeat will not define Burnley’s season. A more realistic measuring stick of how they can be expected to compete this season will come on Saturday at Swansea City.

Their defending was made to look very ordinary on Monday night, but they will not have to face a side with the attacking potency and flair of Chelsea every week either.

gcaygill@thenational.ae

Follow our sports coverage on Twitter @SprtNationalUAE

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

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%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Sucker%20Punch%20Productions%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Sony%20Computer%20Entertainment%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%202%20to%205%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A
TICKETS

Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.

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AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5

Brief scoreline:

Wales 1

James 5'

Slovakia 0

Man of the Match: Dan James (Wales)

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

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.”

The Dark Blue Winter Overcoat & Other Stories From the North
Edited and Introduced by Sjón and Ted Hodgkinson
Pushkin Press 

MATCH INFO

First Test at Barbados
West Indies won by 381 runs

Second Test at Antigua
West Indies won by 10 wickets

Third Test at St Lucia
February 9-13

 

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

The specs: 2019 Lincoln MKC

Price, base / as tested: Dh169,995 / Dh192,045

Engine: Turbocharged, 2.0-litre, in-line four-cylinder

Transmission: Six-speed automatic

Power: 253hp @ 5,500rpm

Torque: 389Nm @ 2,500rpm

Fuel economy, combined: 10.7L / 100km

UAE squad

Humaira Tasneem (c), Chamani Senevirathne (vc), Subha Srinivasan, NIsha Ali, Udeni Kuruppuarachchi, Chaya Mughal, Roopa Nagraj, Esha Oza, Ishani Senevirathne, Heena Hotchandani, Keveesha Kumari, Judith Cleetus, Chavi Bhatt, Namita D’Souza.

RESULTS

5pm: Watha Stallions Cup Handicap (PA) Dh 70,000 (Dirt) 2,000m

Winner: Dalil De Carrere, Bernardo Pinheiro (jockey), Mohamed Daggash (trainer)

5.30pm: Maiden (TB) Dh 70,000 (D) 2,000m

Winner: Miracle Maker, Xavier Ziani, Salem bin Ghadayer

6pm: Maiden (PA) Dh 70,000 (D) 1,600m

Winner: Pharitz Al Denari, Bernardo Pinheiro, Mahmood Hussain

6.30pm: Maiden (PA) Dh 70,000 (D) 1,600m

Winner: Oss, Jesus Rosales, Abdallah Al Hammadi

7pm: Handicap (PA) Dh 70,000 (D) 1,400m

Winner: ES Nahawand, Fernando Jara, Mohamed Daggash

7.30pm: Maiden (PA) Dh 70,000 (D) 1,000m

Winner: AF Almajhaz, Abdul Aziz Al Balushi, Khalifa Al Neyadi

8pm: Maiden (PA) Dh 70,000 (D) 1,000m

Winner: AF Lewaa, Bernardo Pinheiro, Qaiss Aboud.

How Beautiful this world is!
The biog

From: Ras Al Khaimah

Age: 50

Profession: Electronic engineer, worked with Etisalat for the past 20 years

Hobbies: 'Anything that involves exploration, hunting, fishing, mountaineering, the sea, hiking, scuba diving, and adventure sports'

Favourite quote: 'Life is so simple, enjoy it'

Ammar 808:
Maghreb United

Sofyann Ben Youssef
Glitterbeat