There can oftentimes be a fixation on the transfer market and its overinflated role in solving every problem at a football club, but in Chelsea's case and their severe struggle for goals, it's the logical place to turn.
A failure to score in Wednesday's Champions League last-16 first-leg match against Borussia Dortmund leaves the Blues needing to overturn a 1-0 deficit at Stamford Bridge in just under three weeks' time. And they will need to do so without the only fit senior striker on their books after Pierre-Emerick Aubameyang, a summer arrival now on the periphery of the squad, deregistered from their Champions League squad.
Based on the stats from the Signal Iduna Park, creating chances shouldn't be a problem, particularly following the mid-season arrivals of Joao Felix, Mykhailo Mudryk, Enzo Fernandez, and Noni Madueke, but converting those chances remains a cause for concern.
Chelsea have scored only 23 goals in 22 Premier League games this season; since the turn of the year, the Blues have scored just four goals in nine matches, and have only twice scored two goals in one match since the start of November.
Given all of Chelsea's recent, record-breaking recruitment and even more so with the squad's glaring lack of goals, the question is becoming more pressing with each passing match: why didn't Chelsea sign a striker in January?
Lack of viable options
The most obvious answer is that amid their enormous January splurge, there simply wasn't the right strikers available to help solve the problem. January can be a notoriously difficult window to conduct business, especially for top-tier players with vital roles at their clubs, and even more so for centre-forwards on whom teams are reliant for goals.
For instance, Victor Osimhen would seem the ideal transfer target for Chelsea: the 24-year-old Nigerian is the right age and is a proven goalscorer at the top level, but with Napoli chasing Serie A glory and Osimhen vital to those ambitions, a mid-season exit was never going to happen.
Chelsea have shown they are not shy to open the chequebook and are not afraid to stockpile the squad, but a lack of seemingly viable options immediately available has left the Blues short in one of the key areas that needs improvement.
Waiting on Nkunku
Chelsea are expected to sign of one of Europe's most exciting young forwards in the summer in Christopher Nkunku, with RB Leipzig's sporting director Max Eberl saying "signs are very, very clear that he's moving to Chelsea".
While the deal is yet to be completed, Nkunku would be signed primarily to contribute goals; the German forward sits second in the Bundesliga top-scorers' charts this season with 12 from 15 games – and 17 in all competitions – despite missing the last five matches with a knee injury.
Last season, the 25-year-old Germany international scored 35 goals across competitions – precisely the sort of output Chelsea are desperately missing.
Lukaku's third chance?
Chelsea's lack of goals is nothing new and predates Graham Potter. After the Blues won the Champions League in 2021 – the winning goal scored by Kai Havertz, the player filling the No 9 role at present – that problem looked to be solved when Romelu Lukaku, fresh from firing Inter Milan to the scudetto, returned for a second stint at Stamford Bridge.
A then club record transfer appeared to be money well spent when Lukaku started in fine form but it quickly turned sour and the Belgian is on loan back at Inter this season.
It's not going particularly well at the San Siro, though, with fitness and form issues limiting Lukaku to 10 games and scoring just one goal. Inter are reportedly not all that keen to make his move permanent, so hopes of offloading an expensive asset at the end of the season do not look promising.
Could that give Lukaku a third and final chance to come good at Stamford Bridge next season? The 29-year-old has burned plenty of bridges and the fans are hardly on his side, but perhaps a clean slate under Potter and a new-look side might help Lukaku turn a corner. Plus, the fans will soon forgive his transgressions if he starts banging in the goals.
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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Opening weekend Premier League fixtures
Weekend of August 10-13
Arsenal v Manchester City
Bournemouth v Cardiff City
Fulham v Crystal Palace
Huddersfield Town v Chelsea
Liverpool v West Ham United
Manchester United v Leicester City
Newcastle United v Tottenham Hotspur
Southampton v Burnley
Watford v Brighton & Hove Albion
Wolverhampton Wanderers v Everton
Zombieland: Double Tap
Director: Ruben Fleischer
Stars: Woody Harrelson, Jesse Eisenberg, Emma Stone
Four out of five stars
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
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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Goalkeepers: Dean Henderson (Man Utd), Sam Johnstone (West Brom), Jordan Pickford (Everton)
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Hotel Data Cloud profile
Date started: June 2016
Founders: Gregor Amon and Kevin Czok
Based: Dubai
Sector: Travel Tech
Size: 10 employees
Funding: $350,000 (Dh1.3 million)
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Torque: 320Nm
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States of Passion by Nihad Sirees,
Pushkin Press
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Credit Score explained
What is a credit score?
In the UAE your credit score is a number generated by the Al Etihad Credit Bureau (AECB), which represents your credit worthiness – in other words, your risk of defaulting on any debt repayments. In this country, the number is between 300 and 900. A low score indicates a higher risk of default, while a high score indicates you are a lower risk.
Why is it important?
Financial institutions will use it to decide whether or not you are a credit risk. Those with better scores may also receive preferential interest rates or terms on products such as loans, credit cards and mortgages.
How is it calculated?
The AECB collects information on your payment behaviour from banks as well as utilitiy and telecoms providers.
How can I improve my score?
By paying your bills on time and not missing any repayments, particularly your loan, credit card and mortgage payments. It is also wise to limit the number of credit card and loan applications you make and to reduce your outstanding balances.
How do I know if my score is low or high?
By checking it. Visit one of AECB’s Customer Happiness Centres with an original and valid Emirates ID, passport copy and valid email address. Liv. customers can also access the score directly from the banking app.
How much does it cost?
A credit report costs Dh100 while a report with the score included costs Dh150. Those only wanting the credit score pay Dh60. VAT is payable on top.
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Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Profile
Name: Carzaty
Founders: Marwan Chaar and Hassan Jaffar
Launched: 2017
Employees: 22
Based: Dubai and Muscat
Sector: Automobile retail
Funding to date: $5.5 million
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