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
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
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
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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
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
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COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47