• Manchester United manager Ole Gunnar Solskjaer looks on from the touchline during the 5-0 defeat to Liverpool at Old Trafford on Sunday October 24, 2021. AP
    Manchester United manager Ole Gunnar Solskjaer looks on from the touchline during the 5-0 defeat to Liverpool at Old Trafford on Sunday October 24, 2021. AP
  • Manchester United manager Ole Gunnar Solskjaer gestures on the touchline. AP
    Manchester United manager Ole Gunnar Solskjaer gestures on the touchline. AP
  • Manchester United manager Ole Gunnar Solskjaer and Liverpool counterpart Jurgen Klopp. AFP
    Manchester United manager Ole Gunnar Solskjaer and Liverpool counterpart Jurgen Klopp. AFP
  • Manchester United manager Ole Gunnar Solskjaer looks on. AFP
    Manchester United manager Ole Gunnar Solskjaer looks on. AFP
  • Manchester United manager Ole Gunnar Solskjaer leaves the field at half time. AP Photo
    Manchester United manager Ole Gunnar Solskjaer leaves the field at half time. AP Photo
  • Liverpool hat-trick scorer Mohamed Salah celebrates with the match ball after the final whistle. AP
    Liverpool hat-trick scorer Mohamed Salah celebrates with the match ball after the final whistle. AP
  • Cristiano Ronaldo of Manchester United holds off Mohamed Salah of Liverpool. Getty Images
    Cristiano Ronaldo of Manchester United holds off Mohamed Salah of Liverpool. Getty Images
  • Liverpool's Egyptian forward Mohamed Salah celebrates with teammates after scoring their fifth goal. AP
    Liverpool's Egyptian forward Mohamed Salah celebrates with teammates after scoring their fifth goal. AP
  • Mohamed Salah of Liverpool scores their side's fifth goal past David De Gea of Manchester United. Getty Images
    Mohamed Salah of Liverpool scores their side's fifth goal past David De Gea of Manchester United. Getty Images
  • Mohamed Salah of Liverpool celebrates after scoring their side's third goal with Naby Keita. Getty Images
    Mohamed Salah of Liverpool celebrates after scoring their side's third goal with Naby Keita. Getty Images
  • Mohamed Salah of Liverpool scores their side's third goal past David De Gea of Manchester United. Getty Images
    Mohamed Salah of Liverpool scores their side's third goal past David De Gea of Manchester United. Getty Images
  • Cristiano Ronaldo of Manchester United. Getty Images
    Cristiano Ronaldo of Manchester United. Getty Images
  • Mohamed Salah of Liverpool battles for possession with Scott McTominay of Manchester United. Getty Images
    Mohamed Salah of Liverpool battles for possession with Scott McTominay of Manchester United. Getty Images
  • Manchester United's Cristiano Ronaldo looks dejected after Liverpool's Mohamed Salah scores their third goal. Reuters
    Manchester United's Cristiano Ronaldo looks dejected after Liverpool's Mohamed Salah scores their third goal. Reuters
  • Naby Keita of Liverpool is stretchered off following a challenge by Paul Pogba of Manchester United (not pictured) leading to a red card. Reuters
    Naby Keita of Liverpool is stretchered off following a challenge by Paul Pogba of Manchester United (not pictured) leading to a red card. Reuters
  • Naby Keita of Liverpool receives medical treatment following a challenge by Paul Pogba of Manchester United. Getty Images
    Naby Keita of Liverpool receives medical treatment following a challenge by Paul Pogba of Manchester United. Getty Images
  • Paul Pogba of Manchester United looks dejected after being shown a red card by referee Anthony Taylor. Getty Images
    Paul Pogba of Manchester United looks dejected after being shown a red card by referee Anthony Taylor. Getty Images

Cristiano Ronaldo: Manchester United fans deserve better after Liverpool drubbing


Steve Luckings
  • English
  • Arabic

Manchester United forward Cristiano Ronaldo said the team takes the blame for Sunday's embarrassing defeat to Liverpool adding that the club's fans deserve much better.

Mohamed Salah was the architect of Liverpool's 5-0 thumping on the turf of their bitter rivals, becoming the first visiting player to score a hat-trick at Old Trafford since Brazil striker Ronaldo in 2003 while Paul Pogba was shown a red card minutes after coming on as a second-half substitute.

The defeat means United are winless in their last four Premier League games as they slipped to seventh in the table and heaped more pressure on under-fire manager Ole Gunnar Solskjaer.

"Sometimes the result is not the one we fight for. Sometimes the score is not the one we want. And this is on us, only on us, because there's no one else to blame," Ronaldo, who returned to the club in the summer for his second spell, said on Instagram.

"Our fans were, once again, amazing in their constant support. They deserve better than this, much better, and it’s up to us to deliver. The time is now!"

Defender Luke Shaw, who made a series of defensive errors alongside captain Harry Maguire on Sunday, echoed Ronaldo's comments.

"We are extremely disappointed, it is not good enough and it hurts a lot," Shaw told the club website. "I think football is obviously a team sport, we are in it together and we are all together.

"But I think, as individuals, we need to take responsibility for some of the actions tonight ... I have not been at my best and I know that, for maybe the last few weeks, so I need to reflect on that."

Solskjaer played down suggestions he will step down from his role after Sunday's mauling.

His position has come under more scrutiny after the manner of the defeat - United went into the interval 4-0 down - but the Norwegian vowed to stay and fight for his job.

"I do believe in myself," Solskjaer told reporters. "I do believe that I'm getting close to what I want with the club. I think what we've done, what I've seen, the development.

"Of course, the results lately haven't been good enough, I have to say, and that's ... hands up. And that brings doubt in anyone's mind, probably. But I've got to keep strong and I do believe in what we've been doing."

United are eight points behind league leaders Chelsea and play away to Tottenham Hotspur in the league on Saturday before travelling to Italy three days later to face Atalanta in the Champions League group stage.

"Today's rock bottom, low in confidence," Solskjaer added. "But, you know, the next week it's Tottenham away. It's a Champions League game, Atalanta, the next team who visits us is Manchester City.

"We have to look forward. We have to sort the frame of minds out and make sure we go into the next training session in the next game with the right frame of mind."

Player ratings

  • MANCHESTER UNITED RATINGS: David de Gea 4 - Conceded now in 13 consecutive home games for United – not that he could do much about the five which past him. A chocolate fireguard would have offered more protection. Good save from Alexander Arnold after 70. EPA
    MANCHESTER UNITED RATINGS: David de Gea 4 - Conceded now in 13 consecutive home games for United – not that he could do much about the five which past him. A chocolate fireguard would have offered more protection. Good save from Alexander Arnold after 70. EPA
  • Aaron Wan-Bissaka 3 - Left his man to try and retrieve the ball before Liverpool’s opener. Didn’t. And from there things got even worse. Booked – one of seven United players to get a card on a day of frustration. EPA
    Aaron Wan-Bissaka 3 - Left his man to try and retrieve the ball before Liverpool’s opener. Didn’t. And from there things got even worse. Booked – one of seven United players to get a card on a day of frustration. EPA
  • Victor Lindelof 3 - Another in the wrong position for the opener for the most jittery start from United. Ball bounced off him before Liverpool’s third. Booed off at half time with the rest of his teammates by a support who otherwise sang until the end. No wonder several of the players apologised. EPA
    Victor Lindelof 3 - Another in the wrong position for the opener for the most jittery start from United. Ball bounced off him before Liverpool’s third. Booed off at half time with the rest of his teammates by a support who otherwise sang until the end. No wonder several of the players apologised. EPA
  • Harry Maguire 2 - Adrift as Liverpool cut United’s defence open from the start and tangled with Shaw for the second as Liverpool went 2-0 up after 13. Things got even worse and he’s having an awful time of it. Booked. Getty
    Harry Maguire 2 - Adrift as Liverpool cut United’s defence open from the start and tangled with Shaw for the second as Liverpool went 2-0 up after 13. Things got even worse and he’s having an awful time of it. Booked. Getty
  • Luke Shaw 3 - Stranded for Liverpool’s opener. Shot wide from distance after 21, but, like the rest of the defenders, he was all over the place as a far superior Liverpool passed the ball around them. EPA
    Luke Shaw 3 - Stranded for Liverpool’s opener. Shot wide from distance after 21, but, like the rest of the defenders, he was all over the place as a far superior Liverpool passed the ball around them. EPA
  • Fred 3 - Lovely ball to Ronaldo after three minutes. And that was the highlight as his side were thrashed. Booked. Not even fair to compare him to someone as influential as Jordan Henderson today. Had little time on the ball against a side who never stopped hunting the ball down. EPA
    Fred 3 - Lovely ball to Ronaldo after three minutes. And that was the highlight as his side were thrashed. Booked. Not even fair to compare him to someone as influential as Jordan Henderson today. Had little time on the ball against a side who never stopped hunting the ball down. EPA
  • Scott McTominay 3 - Ran back to dispossess Salah after eight minutes. Does he really want to be reminded of anything after that as Liverpool completely dominated? Headed ball down to set up Cavani after 83. The game was so far gone, there was barely a reaction when the ball went in the net. EPA
    Scott McTominay 3 - Ran back to dispossess Salah after eight minutes. Does he really want to be reminded of anything after that as Liverpool completely dominated? Headed ball down to set up Cavani after 83. The game was so far gone, there was barely a reaction when the ball went in the net. EPA
  • Bruno Fernandes 3 - Skied a third minute shot over. Wasted. Often frustrated, too often argumentative. Booked for this on an afternoon which became deeply embarrassing for the home team. AP
    Bruno Fernandes 3 - Skied a third minute shot over. Wasted. Often frustrated, too often argumentative. Booked for this on an afternoon which became deeply embarrassing for the home team. AP
  • Mason Greenwood 4 - Was up for it from the start, intercepting a Liverpool attack. Then they scored twice. Shot tested Alisson after 28, but what else can you say about a player on a side which was 4-0 down at half-time for the first time in 31 years? AP
    Mason Greenwood 4 - Was up for it from the start, intercepting a Liverpool attack. Then they scored twice. Shot tested Alisson after 28, but what else can you say about a player on a side which was 4-0 down at half-time for the first time in 31 years? AP
  • Marcus Rashford 3 - Lively start and got away from Kieta to shoot wide from 25 yards. But lost in the hideous muddle which developed and for which no words can make up. EPA
    Marcus Rashford 3 - Lively start and got away from Kieta to shoot wide from 25 yards. But lost in the hideous muddle which developed and for which no words can make up. EPA
  • Cristiano Ronaldo 3 - Another who skied a shot early on. Put the ball in the net after 53 with a superb shot, but it was offside. Booked. He’s hugely frustrated – and hugely influential. And that could be a blessing and a curse for United. AP
    Cristiano Ronaldo 3 - Another who skied a shot early on. Put the ball in the net after 53 with a superb shot, but it was offside. Booked. He’s hugely frustrated – and hugely influential. And that could be a blessing and a curse for United. AP
  • SUBS: Paul Pogba 2 - On for Greenwood at HT. Dived in for a challenge with Keita on 58 and was sent off. He should have known far better. AP
    SUBS: Paul Pogba 2 - On for Greenwood at HT. Dived in for a challenge with Keita on 58 and was sent off. He should have known far better. AP
  • Edinson Cavani 3 - On for Fernandes after 61 as Liverpool fans sang ‘Ole’s at the wheel’ and ‘Ole give us a wave.’ It was that bad. A deflected shot hit the crossbar after 83. EPA
    Edinson Cavani 3 - On for Fernandes after 61 as Liverpool fans sang ‘Ole’s at the wheel’ and ‘Ole give us a wave.’ It was that bad. A deflected shot hit the crossbar after 83. EPA
  • Diogo Dalot 3 - On for Rashford after 61 as Liverpool fans chanted ‘Ole must stay’ while the speculation about United’s manager skyrocketed. AP
    Diogo Dalot 3 - On for Rashford after 61 as Liverpool fans chanted ‘Ole must stay’ while the speculation about United’s manager skyrocketed. AP
  • LIVERPOOL RATINGS: Alisson Becker 8 - The Brazilian foiled Greenwood and Ronaldo in the first half and was a model of composure. He distributed the ball with his usual aplomb. Getty
    LIVERPOOL RATINGS: Alisson Becker 8 - The Brazilian foiled Greenwood and Ronaldo in the first half and was a model of composure. He distributed the ball with his usual aplomb. Getty
  • Trent Alexander-Arnold 8 - The 22-year-old was supposed to be the target for Ronaldo and Rashford but was comfortable throughout. He ranged forward at will and supplied the cross for Jota’s goal. Getty
    Trent Alexander-Arnold 8 - The 22-year-old was supposed to be the target for Ronaldo and Rashford but was comfortable throughout. He ranged forward at will and supplied the cross for Jota’s goal. Getty
  • Ibrahima Konate 8 - The Frenchman got sucked into midfield and went to ground early on but he soon found his feet. He was excellent in the air and strong on the ground. EPA
    Ibrahima Konate 8 - The Frenchman got sucked into midfield and went to ground early on but he soon found his feet. He was excellent in the air and strong on the ground. EPA
  • Virgil van Dijk 8 - The Dutchman was completely at ease. He oozed class. It is hard to believe that Maguire was a more expensive signing. EPA
    Virgil van Dijk 8 - The Dutchman was completely at ease. He oozed class. It is hard to believe that Maguire was a more expensive signing. EPA
  • Andrew Robertson 8 - The Scot’s passing was a little inconsistent but he worked the line well. He made himself available as an outlet ball and got better as the game went on. Getty
    Andrew Robertson 8 - The Scot’s passing was a little inconsistent but he worked the line well. He made himself available as an outlet ball and got better as the game went on. Getty
  • Jordan Henderson 8 - The captain was efficient in possession and adapted nicely to the defensive midfield role. His pass for Salah’s hat-trick was splendid. Getty
    Jordan Henderson 8 - The captain was efficient in possession and adapted nicely to the defensive midfield role. His pass for Salah’s hat-trick was splendid. Getty
  • James Milner 7 - The 35-year-old limped off injured after 27 minutes but his workrate and appetite were illustrated when he was queuing at the back post behind Jota for a chance to score the second goal. Reuters
    James Milner 7 - The 35-year-old limped off injured after 27 minutes but his workrate and appetite were illustrated when he was queuing at the back post behind Jota for a chance to score the second goal. Reuters
  • Naby Keita 9 - This was the 26-year-old’s best game for the club. He scored, helped set up two goals and broke up United attacks. He was carried off in the 64th minute after a horrible challenge by Pogba. Getty
    Naby Keita 9 - This was the 26-year-old’s best game for the club. He scored, helped set up two goals and broke up United attacks. He was carried off in the 64th minute after a horrible challenge by Pogba. Getty
  • Mohamed Salah 10 - The Egyptian’s pass for the opening goal was wonderful but what followed was exceptional. He tormented United and was rewarded with a hat-trick. AFP
    Mohamed Salah 10 - The Egyptian’s pass for the opening goal was wonderful but what followed was exceptional. He tormented United and was rewarded with a hat-trick. AFP
  • Roberto Firmino 8 - The Brazilian’s movement and intelligence bemused the defence. He helped create the fourth goal before being replaced by Mane in the 77th minute. EPA
    Roberto Firmino 8 - The Brazilian’s movement and intelligence bemused the defence. He helped create the fourth goal before being replaced by Mane in the 77th minute. EPA
  • Diogo Jota 8 - The Portuguese caused havoc down the left. He scored the second goal and set up another for Salah. Getty
    Diogo Jota 8 - The Portuguese caused havoc down the left. He scored the second goal and set up another for Salah. Getty
  • SUBS: Curtis Jones 7 - The 20-year-old replaced Milner in the 27th minute and was given some rough treatment by Ronaldo and Fernandes but never let it affect his game. Getty
    SUBS: Curtis Jones 7 - The 20-year-old replaced Milner in the 27th minute and was given some rough treatment by Ronaldo and Fernandes but never let it affect his game. Getty
  • Alex Oxlade-Chamberlain 7 - The 28-year-old joined the action in the 64th minute when Keita was injured. He was effective on and off the ball as Liverpool cruised towards the final whistle. AFP
    Alex Oxlade-Chamberlain 7 - The 28-year-old joined the action in the 64th minute when Keita was injured. He was effective on and off the ball as Liverpool cruised towards the final whistle. AFP
  • Sadio Mane 6 - The Senegalese was introduced for Firmino with 13 minutes left. He was desperate to score and was perhaps a little too greedy. Reuters
    Sadio Mane 6 - The Senegalese was introduced for Firmino with 13 minutes left. He was desperate to score and was perhaps a little too greedy. Reuters

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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Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Updated: October 25, 2021, 7:49 AM