• DARWIN NUNEZ AND ERLING HAALAND'S BIG-MONEY MOVES TO PREMIER LEAGUE: Benfica's Darwin Nunez celebrates after scoring his side's goal in the 3-1 Champions League quarter-final, first-leg defeat against Liverpool in Lisbon on April 5, 2022. The Uruguayan striker has now completed a move to Liverpool expected to be worth around £85m. AP Photo
    DARWIN NUNEZ AND ERLING HAALAND'S BIG-MONEY MOVES TO PREMIER LEAGUE: Benfica's Darwin Nunez celebrates after scoring his side's goal in the 3-1 Champions League quarter-final, first-leg defeat against Liverpool in Lisbon on April 5, 2022. The Uruguayan striker has now completed a move to Liverpool expected to be worth around £85m. AP Photo
  • Norway's Erling Haaland celebrates after scoring their second goal in a 3-2 win against Sweden in the Uefa Nations League on June 12, 2022. Haaland has completed an £85m switch to Manchester City. Reuters
    Norway's Erling Haaland celebrates after scoring their second goal in a 3-2 win against Sweden in the Uefa Nations League on June 12, 2022. Haaland has completed an £85m switch to Manchester City. Reuters
  • Benfica's Darwin Nunez in action during their Champions League quarter-final, second-leg 3-3 draw against Liverpool at Anfield on April 13, 2022. Nunez scored an 82nd-minute equaliser. PA
    Benfica's Darwin Nunez in action during their Champions League quarter-final, second-leg 3-3 draw against Liverpool at Anfield on April 13, 2022. Nunez scored an 82nd-minute equaliser. PA
  • Erling Haaland scores for Norway in their Nations League win over Sweden in Oslo, on June 12, 2022. EPA
    Erling Haaland scores for Norway in their Nations League win over Sweden in Oslo, on June 12, 2022. EPA
  • Benfica's Darwin Nunez battles with Porto's Pepe in a Portuguese Primeira Liga game on May 7, 2022. EPA
    Benfica's Darwin Nunez battles with Porto's Pepe in a Portuguese Primeira Liga game on May 7, 2022. EPA
  • Norway's Erling Haaland celebrates after scoring against Sweden in the UEFA Nations League on June 12, 2022. EPA
    Norway's Erling Haaland celebrates after scoring against Sweden in the UEFA Nations League on June 12, 2022. EPA
  • Benfica's Darwin Nunez after scoring against Belenenses on Lisbon in April, 2022. AFP
    Benfica's Darwin Nunez after scoring against Belenenses on Lisbon in April, 2022. AFP
  • Erling Haaland of Dortmund acknowledges the fans before the Bundesliga match against Hertha Berlin on May 14, 2022. Getty
    Erling Haaland of Dortmund acknowledges the fans before the Bundesliga match against Hertha Berlin on May 14, 2022. Getty
  • Benfica's Darwin Nunez scores a disallowed goal during the Champions League quarter-final, second leg against Liverpool at Anfield on April 13, 2022. PA
    Benfica's Darwin Nunez scores a disallowed goal during the Champions League quarter-final, second leg against Liverpool at Anfield on April 13, 2022. PA
  • Borussia Dortmund's Erling Haaland celebrates scoring in the Bundesliga match against Hertha Berlin on May 14, 2022. PA
    Borussia Dortmund's Erling Haaland celebrates scoring in the Bundesliga match against Hertha Berlin on May 14, 2022. PA

Striking differences in Liverpool and Man City's big-money deals for Nunez and Haaland


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With England’s two best teams having simultaneously decided to finally bring in out-and-out No 9s, it was perhaps inevitable that direct comparisons would be drawn between the deals.

Liverpool and Manchester City have broken with tradition by signing Darwin Nunez and Erling Haaland to lead the line after building their recent successes on strikerless systems.

And it has not gone unnoticed that the two clubs are both likely to end up shelling out between £85-100 million for their new centre-forwards once add-ons and agent fees are factored in.

In truth, though, any similarity between the transfers ends there, with Haaland’s reported wage packet of £375,000 a week inflating City’s overall outlay in the years ahead.

Meanwhile, the fact that Liverpool have secured Nunez on a contract understood to be worth £140,000 a week serves as a particularly handy encapsulation of the club’s current transfer strategy.

Liverpool's preference for striking high-fee, relatively low-wage deals was evident in the recent signings of Ibrahima Konate and Luis Diaz, both of whom played a key role in last season’s quadruple near-miss.

It would also have underpinned one of the biggest deals of last summer had the Reds won their last battle with Manchester United for the signature of a coveted forward.

Liverpool's season's ratings - in pictures

  • MANAGER: Jurgen Klopp – 9. A year ago the manager looked a broken man. Personal and professional problems made 2020/21 a difficult campaign. Last season he recovered his bounce and his deployment of the squad while competing on four fronts was superb. The added bonus for the Kop is he has extended his contract until 2026. A triumph of a year, even if the two biggest trophies got away from him. Getty Images
    MANAGER: Jurgen Klopp – 9. A year ago the manager looked a broken man. Personal and professional problems made 2020/21 a difficult campaign. Last season he recovered his bounce and his deployment of the squad while competing on four fronts was superb. The added bonus for the Kop is he has extended his contract until 2026. A triumph of a year, even if the two biggest trophies got away from him. Getty Images
  • GOALKEEPERS: Alisson Becker – 9. The Brazilian is among the best in the world at his position. His shotstopping is magnificent – especially one-on-one – and his distribution is excellent. He managed the defence with aplomb, too, directing those in front of him. A key component in the team. EPA
    GOALKEEPERS: Alisson Becker – 9. The Brazilian is among the best in the world at his position. His shotstopping is magnificent – especially one-on-one – and his distribution is excellent. He managed the defence with aplomb, too, directing those in front of him. A key component in the team. EPA
  • Caoimhin Kelleher ¬– 7. The Irishman did not get much playing time but he made the most of it when he did. His biggest moment came in the League Cup final against Chelsea when he made two crucial saves and scored a penalty in the shoot-out. The most reliable of backups. PA
    Caoimhin Kelleher ¬– 7. The Irishman did not get much playing time but he made the most of it when he did. His biggest moment came in the League Cup final against Chelsea when he made two crucial saves and scored a penalty in the shoot-out. The most reliable of backups. PA
  • DEFENDERS: Trent Alexander-Arnold – 8. The 23-year-old was again the creative hub of the team. His forward play and his crossing are vital to the way the side plays. Sure, he had some tricky moments defensively when opponents managed to exploit the space behind him, but it was a risk worth taking. He oozed class. Getty Images
    DEFENDERS: Trent Alexander-Arnold – 8. The 23-year-old was again the creative hub of the team. His forward play and his crossing are vital to the way the side plays. Sure, he had some tricky moments defensively when opponents managed to exploit the space behind him, but it was a risk worth taking. He oozed class. Getty Images
  • Joe Gomez – 6. The 25-year-old dropped down the pecking order at centre-half after returning from long-term injury. On the plus side, he was impressive when filling in at right-back. He has done well enough to likely earn a contract extension. Reuters
    Joe Gomez – 6. The 25-year-old dropped down the pecking order at centre-half after returning from long-term injury. On the plus side, he was impressive when filling in at right-back. He has done well enough to likely earn a contract extension. Reuters
  • Joel Matip – 8. One of the big question marks over the 30-year-old had been his robustness. Injuries were not a factor last season. His use of space, quickness and his ability to bring the ball out from the back were outstanding. It bodes well for the future. Reuters
    Joel Matip – 8. One of the big question marks over the 30-year-old had been his robustness. Injuries were not a factor last season. His use of space, quickness and his ability to bring the ball out from the back were outstanding. It bodes well for the future. Reuters
  • Ibrahima Konate – 7. The Frenchman is a work in progress but he made significant advances in the season. He is sometimes skittish on the ball but improved with every outing – his best game was the Champions League final. His physicality is impressive and he was a threat in the opposition box. At just 23 he has massive room for improvement. PA
    Ibrahima Konate – 7. The Frenchman is a work in progress but he made significant advances in the season. He is sometimes skittish on the ball but improved with every outing – his best game was the Champions League final. His physicality is impressive and he was a threat in the opposition box. At just 23 he has massive room for improvement. PA
  • Virgil van Dijk – 8. It took a while for the Dutchman to return to his imperious best after returning from a cruciate ligament injury. He regained his stature as the season progressed. His commanding presence was vital to the team’s success. PA
    Virgil van Dijk – 8. It took a while for the Dutchman to return to his imperious best after returning from a cruciate ligament injury. He regained his stature as the season progressed. His commanding presence was vital to the team’s success. PA
  • Andrew Robertson – 8. The Scot’s boundless energy and his will to win were evident in every game he played. His crossing added a huge amount of threat to the Liverpool attack. He was one of the major figures in the side. AP Photo
    Andrew Robertson – 8. The Scot’s boundless energy and his will to win were evident in every game he played. His crossing added a huge amount of threat to the Liverpool attack. He was one of the major figures in the side. AP Photo
  • Kostas Tsimikas – 7. They love the Greek at Anfield and every time he appeared in place of Robertson the crowd loved his approach. There was very little drop-off on the left side when the 26-year-old was involved. Reuters
    Kostas Tsimikas – 7. They love the Greek at Anfield and every time he appeared in place of Robertson the crowd loved his approach. There was very little drop-off on the left side when the 26-year-old was involved. Reuters
  • MIDFIELDERS: Jordan Henderson – 7. The captain’s workrate and willingness to subvert his own game to help his teammates remained impressive. He might have slowed down a little at 31 but his experience more than made up for any reduction in pace. His leadership showed throughout the campaign. EPA
    MIDFIELDERS: Jordan Henderson – 7. The captain’s workrate and willingness to subvert his own game to help his teammates remained impressive. He might have slowed down a little at 31 but his experience more than made up for any reduction in pace. His leadership showed throughout the campaign. EPA
  • Fabinho – 8. The Brazilian is the man who seizes control of the midfield. His contribution was enormous and he supplied the platform from which the team could play. The defence were frequently grateful for his protective tackling. AP Photo
    Fabinho – 8. The Brazilian is the man who seizes control of the midfield. His contribution was enormous and he supplied the platform from which the team could play. The defence were frequently grateful for his protective tackling. AP Photo
  • Thiago Alcantara – 9. At the beginning of the season some were still asking whether the 31-year-old was the right fit for Liverpool. Those questions have long been put to bed. His passing was often wonderful; his pressing remarkably effective. A standout campaign. EPA
    Thiago Alcantara – 9. At the beginning of the season some were still asking whether the 31-year-old was the right fit for Liverpool. Those questions have long been put to bed. His passing was often wonderful; his pressing remarkably effective. A standout campaign. EPA
  • Naby Keita – 6. The Guinean had moments when he looked brilliant and other games where he needed to offer more. He did not produce the consistency that the team needed over the season but a good finish to the campaign earned him a positive rating. EPA
    Naby Keita – 6. The Guinean had moments when he looked brilliant and other games where he needed to offer more. He did not produce the consistency that the team needed over the season but a good finish to the campaign earned him a positive rating. EPA
  • James Milner – 7. The 36-year-old did everything asked of him. Much of that meant coming off the bench to help see games to their conclusion but the veteran put everything into every performance. Mr Reliable. AFP
    James Milner – 7. The 36-year-old did everything asked of him. Much of that meant coming off the bench to help see games to their conclusion but the veteran put everything into every performance. Mr Reliable. AFP
  • Curtis Jones – 6. The 21-year-old didn’t develop quite as quickly as he might have hoped but that was due to an eye injury and the strength of the squad. He showed enough quality to be optimistic for the future. EPA
    Curtis Jones – 6. The 21-year-old didn’t develop quite as quickly as he might have hoped but that was due to an eye injury and the strength of the squad. He showed enough quality to be optimistic for the future. EPA
  • Alex Oxlade-Chamberlain – 4. It was not a good season for the 28-year-old. His opportunities were limited and when the chances to play came along he rarely shone. With so many impressive performers, he found himself at the back of the queue and a summer exit seems inevitable. AP Photo
    Alex Oxlade-Chamberlain – 4. It was not a good season for the 28-year-old. His opportunities were limited and when the chances to play came along he rarely shone. With so many impressive performers, he found himself at the back of the queue and a summer exit seems inevitable. AP Photo
  • FORWARDS: Mohamed Salah – 9. The Egyptian remained the best attacker in the Premier League and perhaps the world. Even after taking a month off to play in the Africa Cup of Nations, he won the Golden Boot with 23 league goals. Defences were visibly unnerved by his presence. EPA
    FORWARDS: Mohamed Salah – 9. The Egyptian remained the best attacker in the Premier League and perhaps the world. Even after taking a month off to play in the Africa Cup of Nations, he won the Golden Boot with 23 league goals. Defences were visibly unnerved by his presence. EPA
  • Roberto Firmino – 7. The Brazilian dropped down the pecking order but that was because of the abundance of attacking quality rather than his own failings. He was sometimes overshadowed by his teammates but his clever movement and touches frequently improved the side. AP Photo
    Roberto Firmino – 7. The Brazilian dropped down the pecking order but that was because of the abundance of attacking quality rather than his own failings. He was sometimes overshadowed by his teammates but his clever movement and touches frequently improved the side. AP Photo
  • Sadio Mane – 8. The Senegalese menaced defences. At times his competitive instincts meant he came close to overstepping the mark but he mainly stayed on the right side of the line. He will be sorely missed when he leaves Anfield this summer. Reuters
    Sadio Mane – 8. The Senegalese menaced defences. At times his competitive instincts meant he came close to overstepping the mark but he mainly stayed on the right side of the line. He will be sorely missed when he leaves Anfield this summer. Reuters
  • Diogo Jota – 7. The Portuguese maintained his fine form throughout the campaign. His direct running at defenders and his poacher’s instinct in the area proved effective. EPA
    Diogo Jota – 7. The Portuguese maintained his fine form throughout the campaign. His direct running at defenders and his poacher’s instinct in the area proved effective. EPA
  • Luis Diaz – 8. The Colombian has been sensational since arriving from Porto in January. He slotted into the attack as if he had been at Anfield for years. A brilliant buy for the club. AFP
    Luis Diaz – 8. The Colombian has been sensational since arriving from Porto in January. He slotted into the attack as if he had been at Anfield for years. A brilliant buy for the club. AFP
  • Divock Origi – 6. The Belgian departs Merseyside in a wave of affection. He was never a natural fit for the side’s style but he gave the team a different look and scored vital goals. The striker showed total commitment every time he played. PA
    Divock Origi – 6. The Belgian departs Merseyside in a wave of affection. He was never a natural fit for the side’s style but he gave the team a different look and scored vital goals. The striker showed total commitment every time he played. PA
  • Takumi Minamino – 6. The Japanese spent most of his time on the bench. He was top scorer in both domestic cup campaigns and never lacked for effort. A move is likely in the summer and he should thrive elsewhere with more playing time. Reuters
    Takumi Minamino – 6. The Japanese spent most of his time on the bench. He was top scorer in both domestic cup campaigns and never lacked for effort. A move is likely in the summer and he should thrive elsewhere with more playing time. Reuters
  • Harvey Elliott – 6. The 19-year-old started the season expecting to contribute regularly but a serious ankle injury in September slowed his progress. By the time he came back in February, the dynamics of the team had changed and there were fewer chances for the youngster. There will be plenty of time for him to blossom. EPA
    Harvey Elliott – 6. The 19-year-old started the season expecting to contribute regularly but a serious ankle injury in September slowed his progress. By the time he came back in February, the dynamics of the team had changed and there were fewer chances for the youngster. There will be plenty of time for him to blossom. EPA

Jadon Sancho had two major admirers at Anfield in manager Jurgen Klopp and his assistant Pep Lijnders, while owners Fenway Sports Group were more than happy to meet Borussia Dortmund’s £73m price tag to secure his signature.

Unfortunately, any potential move was scuppered when the Englishman’s wage expectations became clear, paving the way for him to sign a £270,000-per-week deal at Old Trafford.

Had the 22-year-old been willing to accept half that, then he would have become a Liverpool player; instead the Reds went on to land Diaz and then Nunez, the latter having turned down improved terms at United in order to play Champions League football.

Similar restraint was also shown during this summer’s brief pursuit of a midfielder, which began with the news that long-term target Aurelien Tchouameni would be made available by Monaco.

Plans to bolster central midfield would have been brought forward a year to land the Frenchman, but it quickly became apparent that he would be able to secure £300,000 a week from Real Madrid as they flexed their financial might after failing to land Kylian Mbappe.

That resulted in Liverpool’s early withdrawal from the race, and a reversion to their plan to sign a midfielder next summer, when that position will be sporting director Julian Ward’s first priority.

As was the case with Nunez, the aim then will be to target a player around their early 20s with an impressive athletic profile and, while a big fee would not be an obstacle, excessive wages would.

The latter could well be a sticking point when it comes to the much-admired Jude Bellingham, given the wider interest in his signature, which is why there is some pessimism at Liverpool over their chances of landing him, and why others are being watched closely.

Manchester City season's ratings - in pictures

  • GOALKEEPERS: Ederson 8 - Won the coveted Premier League Golden Glove award after keeping 20 clean sheets this season. In a team full of pass masters, the Brazilian can hold his own against any of his outfield teammates. AP Photo
    GOALKEEPERS: Ederson 8 - Won the coveted Premier League Golden Glove award after keeping 20 clean sheets this season. In a team full of pass masters, the Brazilian can hold his own against any of his outfield teammates. AP Photo
  • Zack Steffen 5 - Usually an able deputy but his mistake against Liverpool in the FA Cup semi-final cost City the chance of a league-and-cup double. EPA
    Zack Steffen 5 - Usually an able deputy but his mistake against Liverpool in the FA Cup semi-final cost City the chance of a league-and-cup double. EPA
  • DEFENDERS: Kyle Walker 8 - A one-man flank down City's right. Few posses the Englishman's pace and powers of recovery. His distribution has improved this campaign too. AFP
    DEFENDERS: Kyle Walker 8 - A one-man flank down City's right. Few posses the Englishman's pace and powers of recovery. His distribution has improved this campaign too. AFP
  • Ruben Dias 6 - Failed to match last season's achievements when he was named player of the season. Found himself in and out of the side. AFP
    Ruben Dias 6 - Failed to match last season's achievements when he was named player of the season. Found himself in and out of the side. AFP
  • John Stones 7 - Showed his versatility by filling in at right-back on occasion and another solid season ends with a Premier League winner's medal. Getty Images
    John Stones 7 - Showed his versatility by filling in at right-back on occasion and another solid season ends with a Premier League winner's medal. Getty Images
  • Nathan Ake 6 - A much-improved season though still struggling to nail down a first-team place. Always committed and gives his all. AFP
    Nathan Ake 6 - A much-improved season though still struggling to nail down a first-team place. Always committed and gives his all. AFP
  • Oleksandr Zinchenko 7 - Emotional scenes at the Etihad as the Ukrainian draped his country's flag around the Premier League trophy. Underrated player who never grumbles about filling in at left-back despite being a midfielder by trade. Getty Images
    Oleksandr Zinchenko 7 - Emotional scenes at the Etihad as the Ukrainian draped his country's flag around the Premier League trophy. Underrated player who never grumbles about filling in at left-back despite being a midfielder by trade. Getty Images
  • Aymeric Laporte 8 - After playing second fiddle to Dias last season, the Spaniard has re-emerged as one of the best centre-backs in the league this term. Reuters
    Aymeric Laporte 8 - After playing second fiddle to Dias last season, the Spaniard has re-emerged as one of the best centre-backs in the league this term. Reuters
  • Joao Cancelo 9 - The Portuguese almost seems wasted at left-back, such is his passing ability and knack for supplying teammates during his forays forward. City's player of the season, for me. AFP
    Joao Cancelo 9 - The Portuguese almost seems wasted at left-back, such is his passing ability and knack for supplying teammates during his forays forward. City's player of the season, for me. AFP
  • MIDFIELDERS: Ilkay Gundogan 8 - When it looked as though the title was lost on the final day, the German midfielder came off the bench to drag City over the line with two of the most important goals of his career. Another excellent campaign. AFP
    MIDFIELDERS: Ilkay Gundogan 8 - When it looked as though the title was lost on the final day, the German midfielder came off the bench to drag City over the line with two of the most important goals of his career. Another excellent campaign. AFP
  • Jack Grealish 6 - Hard to say the Englishman has justified his £100 million price tag, or that he has necessarily made City a better team. AFP
    Jack Grealish 6 - Hard to say the Englishman has justified his £100 million price tag, or that he has necessarily made City a better team. AFP
  • Rodri 8 - The Spanish metronome just keeps City ticking. Popped up with some crucial goals as City won a fourth Premier League title in five seasons. AFP
    Rodri 8 - The Spanish metronome just keeps City ticking. Popped up with some crucial goals as City won a fourth Premier League title in five seasons. AFP
  • Kevin de Bruyne 9 - Another standout campaign from the brilliant Belgian. Fifteen-goals - including four in one match against Wolves - and eight assists despite missing eight league games. Will undoubtedly get a statue at the Etihad alongside Aguero, Kompany and Silva when he does call it a day. Getty Images
    Kevin de Bruyne 9 - Another standout campaign from the brilliant Belgian. Fifteen-goals - including four in one match against Wolves - and eight assists despite missing eight league games. Will undoubtedly get a statue at the Etihad alongside Aguero, Kompany and Silva when he does call it a day. Getty Images
  • Bernardo Silva 8 - The one player Guardiola can give any assignment to - whether at the base, on the wing or as a False 9 - knowing he will excel in that role. Getty Images
    Bernardo Silva 8 - The one player Guardiola can give any assignment to - whether at the base, on the wing or as a False 9 - knowing he will excel in that role. Getty Images
  • Fernandinho 6 - Took Guardiola by surprise when he announced he will leave the club this summer. Second fiddle to Rodri now, but what a loyal servant the Brazilian has been. Getty Images
    Fernandinho 6 - Took Guardiola by surprise when he announced he will leave the club this summer. Second fiddle to Rodri now, but what a loyal servant the Brazilian has been. Getty Images
  • Phil Foden 8 - Few players have the poise and grace of Foden. One of those players that can run with ball full speed. An absolute nightmare for defenders. Getty Images
    Phil Foden 8 - Few players have the poise and grace of Foden. One of those players that can run with ball full speed. An absolute nightmare for defenders. Getty Images
  • Cole Palmer 5 - No shame in finding minutes hard to come by with City's galaxy of midfield stars ahead of him. Getty Images
    Cole Palmer 5 - No shame in finding minutes hard to come by with City's galaxy of midfield stars ahead of him. Getty Images
  • Raheem Sterling 7 - A bit of a mixed bag for the English forward. A healthy goal return of 13 in the league but has looked leggy, with perhaps tiredness a factor having helped England reach the Euro 2020 final last summer. Getty Images
    Raheem Sterling 7 - A bit of a mixed bag for the English forward. A healthy goal return of 13 in the league but has looked leggy, with perhaps tiredness a factor having helped England reach the Euro 2020 final last summer. Getty Images
  • Riyad Mahrez 7 - A hint of friction with his manager at times this season and has not always been first choice. Still contributed 11 league goals to City's victorious Premier League campaign. Getty Images
    Riyad Mahrez 7 - A hint of friction with his manager at times this season and has not always been first choice. Still contributed 11 league goals to City's victorious Premier League campaign. Getty Images
  • Gabriel Jesus 7 - With record-scorer Sergio Aguero departing last summer, the scene looked set for the Brazilian to establish himself as undisputed first choice. That didn't happen, but Jesus is a workhorse whom Guardiola seems to love. Half of his eight league goals came in a single match against Watford. Getty Images
    Gabriel Jesus 7 - With record-scorer Sergio Aguero departing last summer, the scene looked set for the Brazilian to establish himself as undisputed first choice. That didn't happen, but Jesus is a workhorse whom Guardiola seems to love. Half of his eight league goals came in a single match against Watford. Getty Images
  • MANAGER: Pep Guardiola 8 - Kept his troops focussed even when momentum looked to have shifted Liverpool's way. Will go down as one of the greatest managers in Premier League history. AP
    MANAGER: Pep Guardiola 8 - Kept his troops focussed even when momentum looked to have shifted Liverpool's way. Will go down as one of the greatest managers in Premier League history. AP

The Merseyside club are determined to ensure that, unless they arrive as one of the best in the world in their position, new signings should not start out at the higher end of the wage bill.

And it is for this reason that, among the club’s top earners, only Thiago Alcantara is in the midst of his first contract at Anfield.

There will be no stopgaps brought in if these game-changing signings can’t be secured, either, which is why Liverpool are willing to pass on deals for the likes of Youri Tielemans, Kalvin Phillips and Yves Bissouma this summer, all of which they considered relatively easy to complete.

This insistence that the biggest contracts are only to be handed out to those who have already achieved success at Anfield does at least offer hope to fans keen to see Mohamed Salah extend his stay.

While it is understood that negotiations over the Egyptian’s deal are now likely to bleed into the start of next season, there is no cap created by Virgil van Dijk’s current status as the club’s top-earner and hope of a compromise persists.

But, no matter what the outcome of those talks are, Liverpool are unlikely to veer from the disciplined approach to wages that has brought so much rewards in recent years.

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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Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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Company profile

Name: Tratok Portal

Founded: 2017

Based: UAE

Sector: Travel & tourism

Size: 36 employees

Funding: Privately funded

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The bio

Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district

Was a middle distance state athletics champion in school

Enjoys driving to Fujairah and Ras Al Khaimah with family

His dream is to continue working as a social worker and help people

Has seven diaries in which he has jotted down notes about his work and money he earned

Keeps the diaries in his car to remember his journey in the Emirates

The years Ramadan fell in May

1987

1954

1921

1888

The biog

Favourite food: Tabbouleh, greek salad and sushi

Favourite TV show: That 70s Show

Favourite animal: Ferrets, they are smart, sensitive, playful and loving

Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can

Name of first pet: Eddy, a Persian cat that showed up at our home

Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big

The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp

Torque: 730Nm

Price: Dh649,000

On sale: now  

Juventus v Napoli, Sunday, 10.45pm (UAE)

Match on Bein Sports

'Cheb%20Khaled'
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COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
Updated: June 21, 2022, 8:25 AM