Liverpool manager Jurgen Klopp said it is too soon to write off his side as they prepare to face Napoli in the Champions League on Tuesday.
The Anfield outfit have lost four games in the Premier League already this season and sit ninth in the table.
But they have already secured their spot in the Champions League last 16, although they trail Napoli by three points in Group A.
Klopp's side would have to win by four goals at Anfield to overtake the Italians as Luciano Spalletti's side have a far superior goal difference.
In the build-up to the game, Klopp defended his team's poor start to the season. Liverpool have won just four of their first 12 Premier League games and are 15 points behind leaders Arsenal – and eight shy of a top-four place.
“I think the judgment for this should come later on in the season, or maybe at the end,” said Klopp.
“If you say ‘That’s it’ for this group of players or for this manager I don’t think that’s 100 per cent fair in this moment, to judge the team or the squad, because we never had them available.”
While injuries have played a part in their poor start to the season, key players are also underperforming.
Liverpool are currently without forwards Luis Diaz and Diogo Jota, while Andy Robertson, Ibrahima Konate, Joel Matip, Thiago Alcantara and Darwin Nunez have all been unavailable at times during the first few months of the campaign.
“We miss players, especially now up front, we miss top quality, which is not helpful,” said Klopp.
“Even if it’s unfair, it’s fine. It’s normal, it’s our life and it’s absolutely fair to ask these questions. But we have to answer that later on.”
Liverpool 1 Leeds 2 - player ratings
Back-to-back defeats against the Premier League’s bottom two clubs Nottingham Forest and Leeds mean questions are being asked about Klopp's ageing squad.
Virgil van Dijk, Mohamed Salah, Roberto Firmino and Thiago Alcantara are all over 30 and Liverpool's squad has one of the highest average ages in the Premier League.
“It's not a quick fix but we will not stop fighting,' said Klopp. “People look at me and they say 'he looks tired' or whatever but I'm not.
“I cannot give that excuse. My job is not only to be here when the sun is shining and somebody gives us a trophy.
“My job is to be there when we go through a really rough period and I will do that with all I have.”
On the encounter with Napoli, Klopp said: “In the Champions League the most important thing is to get through and qualify for the knockout stage. That's what we did.
“It's a football game broadcast all over the world. We will have a full Anfield and that means we have to put a proper shift in and that is what we will do.”
You can see images of Liverpool players training ahead of the Napoli game in the gallery above. To move on to the next photo, click on the arrows or if using a mobile device, simply swipe.
UAE currency: the story behind the money in your pockets
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Fixtures
Friday Leganes v Alaves, 10.15pm; Valencia v Las Palmas, 12.15am
Saturday Celta Vigo v Real Sociedad, 8.15pm; Girona v Atletico Madrid, 10.15pm; Sevilla v Espanyol, 12.15am
Sunday Athletic Bilbao v Getafe, 8.15am; Barcelona v Real Betis, 10.15pm; Deportivo v Real Madrid, 12.15am
Monday Levante v Villarreal, 10.15pm; Malaga v Eibar, midnight
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 five pillars of Islam
As You Were
Liam Gallagher
(Warner Bros)
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
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Killing of Qassem Suleimani
Wayne Rooney's career
Everton (2002-2004)
- Appearances: 48
- Goals: 17
Manchester United (2004-2017)
- Appearances: 496
- Goals: 253
England (2003-)
- Appearances: 119
- Goals: 53
What's in the deal?
Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024
India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.
India will also cut automotive tariffs to 10% under a quota from over 100% currently.
Indian employees in the UK will receive three years exemption from social security payments
India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery
The stats: 2017 Jaguar XJ
Price, base / as tested Dh326,700 / Dh342,700
Engine 3.0L V6
Transmission Eight-speed automatic
Power 340hp @ 6,000pm
Torque 450Nm @ 3,500rpm
Fuel economy, combined 9.1L / 100km
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
French Touch
Carla Bruni
(Verve)
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers