Manchester City manager Pep Guardiolatalks to reporters ahead of the Champions League last-16 second leg against RB Leipzig. PA
Manchester City manager Pep Guardiolatalks to reporters ahead of the Champions League last-16 second leg against RB Leipzig. PA
Manchester City manager Pep Guardiolatalks to reporters ahead of the Champions League last-16 second leg against RB Leipzig. PA
Manchester City manager Pep Guardiolatalks to reporters ahead of the Champions League last-16 second leg against RB Leipzig. PA

Guardiola: I know I'll be judged on winning Champions League - but it doesn't mean I agree


Steve Luckings
  • English
  • Arabic

Pep Guardiola concedes his time at Manchester City will be judged on whether he can lead the club to Champions League glory regardless of how many other trophies he wins.

City hope to progress to the quarter-finals by overcoming Bundesliga high-fliers RB Leipzig when the two sides meet in Tuesday's last-16 return leg at the Etihad Stadium.

A 1-1 draw from last month's first leg means the tie is finely poised, though City are slight favourites to reach the last eight of Europe's premier club competition for a sixth successive season.

Guardiola, 52, won the Champions League twice as Barcelona boss, in 2009 and 2011, and guided City to the 2021 final, where they lost to Chelsea.

That remains the club's best showing in the European Cup, which stands in contrast to their domestic success under Guardiola.

During his seven years in Manchester, the Catalan has lifted the Premier League four times, while also winning four League Cups and one FA Cup.

Asked if his time at City would be judged solely on his European achievements, Guardiola told reporters: "Yes. It doesn't mean I agree with that but absolutely we will be judged by this competition."

However, he believes City's gradual progress from outsiders to established members of Europe's elite under his leadership deserves more respect.

"Since day one when I arrived, sitting here for the first time, they [the media] asked me 'Are you here to win the Champions League?'" he said.

  • Manchester City's Nathan Ake is surrounded by his teammates during a training session at the City Football Academy on Monday, March 13, 2023. PA
    Manchester City's Nathan Ake is surrounded by his teammates during a training session at the City Football Academy on Monday, March 13, 2023. PA
  • From left: Manchester City's Bernardo Silva, Phil Foden and Erling Haaland during training ahead of their Champions League round of 16 second-leg against RB Leipzig. AFP
    From left: Manchester City's Bernardo Silva, Phil Foden and Erling Haaland during training ahead of their Champions League round of 16 second-leg against RB Leipzig. AFP
  • Manchester City's Erling Haaland and teammates during a training session at the City Football Academy. PA
    Manchester City's Erling Haaland and teammates during a training session at the City Football Academy. PA
  • From left: Riyad Mahrez, Jack Grealish and Ilkay Gundogan during training on Monday. AFP
    From left: Riyad Mahrez, Jack Grealish and Ilkay Gundogan during training on Monday. AFP
  • Manchester City's Kevin De Bruyne during training. Reuters
    Manchester City's Kevin De Bruyne during training. Reuters
  • Kyle Walker and Kevin De Bruyne train on Monday. Reuters
    Kyle Walker and Kevin De Bruyne train on Monday. Reuters
  • Manchester City's Erling Haaland trains for the Champions League last-16 clash. Reuters
    Manchester City's Erling Haaland trains for the Champions League last-16 clash. Reuters
  • Manchester City manager Pep Guardiola oversees training. Reuters
    Manchester City manager Pep Guardiola oversees training. Reuters
  • Goalkeeper Ederson takes part in training. AFP
    Goalkeeper Ederson takes part in training. AFP
  • Manchester City's Erling Haaland during training. Reuters
    Manchester City's Erling Haaland during training. Reuters
  • Manchester City's Rodri during training. Reuters
    Manchester City's Rodri during training. Reuters

"I said 'What? If you are manager of Real Madrid maybe I accept that.' But I accept it here. It's not going to change."

City midfielder Kevin de Bruyne is adamant the Guardiola era should still be deemed a success despite the failure so far to land the Champions League title.

"Every year we have been close, quarters, semis, final. We just haven't done the last bit. We are going to try again," he said.

"If you care about the noise then obviously it's going to annoy you. I know we haven't won it but we have done really well.

"I know people only judge on if you win it, but there have been a lot of circumstances."

Yemen's Bahais and the charges they often face

The Baha'i faith was made known in Yemen in the 19th century, first introduced by an Iranian man named Ali Muhammad Al Shirazi, considered the Herald of the Baha'i faith in 1844.

The Baha'i faith has had a growing number of followers in recent years despite persecution in Yemen and Iran. 

Today, some 2,000 Baha'is reside in Yemen, according to Insaf. 

"The 24 defendants represented by the House of Justice, which has intelligence outfits from the uS and the UK working to carry out an espionage scheme in Yemen under the guise of religion.. aimed to impant and found the Bahai sect on Yemeni soil by bringing foreign Bahais from abroad and homing them in Yemen," the charge sheet said. 

Baha'Ullah, the founder of the Bahai faith, was exiled by the Ottoman Empire in 1868 from Iran to what is now Israel. Now, the Bahai faith's highest governing body, known as the Universal House of Justice, is based in the Israeli city of Haifa, which the Bahais turn towards during prayer. 

The Houthis cite this as collective "evidence" of Bahai "links" to Israel - which the Houthis consider their enemy. 

 

Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

MATCH INFO

Uefa Champions League, semi-final result:

Liverpool 4-0 Barcelona

Liverpool win 4-3 on aggregate

Champions Legaue final: June 1, Madrid

Results

ATP Dubai Championships on Monday (x indicates seed):

First round
Roger Federer (SUI x2) bt Philipp Kohlschreiber (GER) 6-4, 3-6, 6-1
Fernando Verdasco (ESP) bt Thomas Fabbiano (ITA) 3-6, 6-3, 6-2
Marton Fucsovics (HUN) bt Damir Dzumhur (BIH) 6-1, 7-6 (7/5)
Nikoloz Basilashvili (GEO) bt Karen Khachanov (RUS x4) 6-4, 6-1
Jan-Lennard Struff (GER) bt Milos Raonic (CAN x7) 6-4, 5-7, 6-4

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 SPECS

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MATCH INFO

Fixture: Ukraine v Portugal, Monday, 10.45pm (UAE)

TV: BeIN Sports

'Munich: The Edge of War'

Director: Christian Schwochow

Starring: George MacKay, Jannis Niewohner, Jeremy Irons

Rating: 3/5

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Updated: March 14, 2023, 6:55 AM