It all started so well for Sean Dyche. Less than one week after being recruited by Everton to salvage a chaotic season which had descended into a fight for Premier League survival, Dyche masterminded a shock, but deserved, win against a rampant Arsenal.
Then 19th and on a run of six losses and a draw, no one gave Everton a prayer at Goodison Park against a title-chasing Arsenal side who had won 16 out of 19 league matches.
Yet, the Toffees delivered a performance that featured all the trademarks of their new manager: organised, compact, aggressive, quick to every loose ball, and attacking and defending in numbers.
The euphoria which engulfed the stadium on that February day went beyond three precious points. It reflected the hope and promise that, if the team could continue to deliver similar displays until the end of the campaign, the threat of relegation would be staved off with significant ease.
Dyche was a seasoned pro in engineering Premier League safety having kept Burnley up year after year on a relative shoestring budget, until he and the club ran out of steam at the end of last season. He was the best available, and attractable, manager to allay at least Everton's short-term fears.
And yet, as Everton approach the final six games of the season, they find themselves back in the drop zone and in serious danger of falling out of the English top-flight for the first time in 68 years.
The deep and toxic problems that have led Everton to this point are well documented. Mismanagement from the owners and in the boardroom over the past few years, which long predates Dyche, has seen a high turnover of managers and resulted in an understrength squad.
The club has sold key players and failed to sufficiently replace them as the financial issues mounted to the point where the Premier League last month referred Everton to an independent commission for potential breach of profit and sustainability rules. This came after Everton reported losses of £44.7 million for the 2021/22 season – the fifth successive season a loss was reported.
Everton 1 Arsenal 0: Player ratings
Fan-led protests have also taken place throughout the season demanding the removal of owner Farhad Moshiri and chairman Bill Kenwright. The Premier League is not stranger to chaotic clubs but Everton have taken it to an entirely new level.
Yet, none of that can be of any immediate concern to Dyche and his players; points and survival are all that matters, and time is running desperately low.
Focusing on Everton's on-pitch problems, goals have been the biggest. No team has scored less than Everton's 24, hardly ideal ahead of Thursday's match against Newcastle United and the meanest defence in the league.
Leading striker Dominic Calvert-Lewin has endured a second straight injury-hit season and has been limited to 12 starts, scoring one goal, although his return against Crystal Palace on Saturday, and coming through 90 minutes unscathed, will be a big boost for Dyche.
“It was good to see Dom back out there. He got more minutes than we thought, the tempo of the game was lower so it allowed for that,” Dyche said in his pre-match press conference on Wednesday. “He felt good so he could stay out there. He's recovered well and looks sharp in training.”
Another positive for Everton's run-in is the return from suspension of midfielder Abdoulaye Doucoure, who was sent off against Tottenham and missed the defeats to Manchester United and Fulham and the draw at Palace. Used sparingly by previous manager Frank Lampard, Doucoure has been a key player for Dyche.
“When we came here and he came into the side, he did make a difference,” Dyche said. “His energy, his application, scored, set up moments – just a driving force behind the team unit and we want the whole team to be like that. He was the catalyst in certain games and the team followed that.”
The most tightly-contested relegation battle in recent memory – six points separate Everton in 18th and 14th-placed West Ham – looks set to go down to the wire, and while for a brief moment, the Toffees looked to claw themselves out, they are firmly in the mire.
“Only the league table at the end of the season is the one that counts,” Dyche said. “You have to monitor what's going on but we can only control what we're doing. Results outside, if they go our way, brilliant but the way that we're trying to plan it is to help ourselves out.”
The only way Everton can help themselves out is to win matches. The next few weeks will shape the future of the club, one way or another.
UAE currency: the story behind the money in your pockets
Liverpool's all-time goalscorers
Ian Rush 346
Roger Hunt 285
Mohamed Salah 250
Gordon Hodgson 241
Billy Liddell 228
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Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
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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.
Sleep Well Beast
The National
4AD
Racecard
7pm: Abu Dhabi - Conditions (PA) Dh 80,000 (Dirt) 1,600m
7.30pm: Dubai - Maiden (TB) Dh82,500 (D) 1,400m
8pm: Sharjah - Maiden (TB) Dh82,500 (D) 1,600m
8.30pm: Ajman - Handicap (TB) Dh82,500 (D) 2,200m
9pm: Umm Al Quwain - The Entisar - Listed (TB) Dh132,500 (D) 2,000m
9.30pm: Ras Al Khaimah - Rated Conditions (TB) Dh95,000 (D) 1,600m
10pm: Fujairah - Handicap (TB) Dh87,500 (D) 1,200m
UAE-based players
Goodlands Riders: Jamshaid Butt, Ali Abid, JD Mahesh, Vibhor Shahi, Faizan Asif, Nadeem Rahim
Rose Hill Warriors: Faraz Sheikh, Ashok Kumar, Thabreez Ali, Janaka Chathuranga, Muzammil Afridi, Ameer Hamza
Company profile
Name: Dukkantek
Started: January 2021
Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based: UAE
Number of employees: 140
Sector: B2B Vertical SaaS(software as a service)
Investment: $5.2 million
Funding stage: Seed round
Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office
UAE currency: the story behind the money in your pockets
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 201hp at 5,200rpm
Torque: 320Nm at 1,750-4,000rpm
Transmission: 6-speed auto
Fuel consumption: 8.7L/100km
Price: Dh133,900
On sale: now
Living in...
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.
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Last-16 Europa League fixtures
Wednesday (Kick-offs UAE)
FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm
Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm
Inter Milan v Getafe (one leg only) 11pm
Manchester United (5) v LASK (0) 11pm
Thursday
Bayer Leverkusen (3) v Rangers (1) 8.55pm
Sevilla v Roma (one leg only) 8.55pm
FC Basel (3) v Eintracht Frankfurt (0) 11pm
Wolves (1) Olympiakos (1) 11pm
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Scorline
Iraq 1-0 UAE
Iraq Hussein 28’
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
The specs: 2019 BMW X4
Price, base / as tested: Dh276,675 / Dh346,800
Engine: 3.0-litre turbocharged in-line six-cylinder
Transmission: Eight-speed automatic
Power: 354hp @ 5,500rpm
Torque: 500Nm @ 1,550rpm
Fuel economy, combined: 9.0L / 100km
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.”