It was business as usual for Lionel Messi during the recent international break with the World Cup-winning Argentine scoring goals and winning games.
Messi's beautiful left-footed finish inside 80 seconds of the friendly victory over Australia in Beijing – delighting a capacity 68,000 crowd of Chinese fans, a vast majority of whom sported the blue and white kit of Argentina, most with the same five-letter name on the back – has been recognised as the fastest goal the 36-year-old has ever scored.
Initial reports were unsure whether it was merely the quickest he had scored for his country or in his entire career; when you have hit the target more than 800 times for club and country, lines can become blurred.
The next time Messi pulls on a football shirt it will be for his new club side Inter Miami. The reception he receives will be one of reverence as the biggest signing in Major League Soccer history.
Messi finished his time in France with Paris Saint-Germain by winning a second Ligue 1 title in a row – his 12th domestic championship as a player – but the chances of him making it 13 in the United States this season appear slim, to say the least.
At the weekend, Miami were hammered 4-1 away to Philadelphia Union, a result that leaves them bottom of the 15-team Eastern Conference. It was a seventh consecutive defeat, having also lost six on the trot earlier in the campaign.
Only Colorado Rapids in the Western Conference have accrued less than Miami's 15 points from 18 games and the club, co-owned by former England star David Beckham, are in dire straights.
To play a part in the end of season play-offs, Miami need to finish in the top nine; they are 11 points shy of the final spot.
“We are hurting and the feeling after this match is bad,” said interim coach Javi Morales after the Philadelphia game. “If you look at the control of the game, the possession, the moments in which we dominated the match, there were many, but when a team doesn’t defend well, it’s very difficult to win.”
Midfielder Robert Taylor, who scored Miami's consolation at Subaru Park, admitted morale was low. “Obviously, nobody’s happy, it’s tough right now,” he said. “But there is no time to feel sorry for ourselves.
“We see and read the rumours [of players coming], but that does not affect us. We have to focus on the game at hand.”
Morales is in temporary charge having taken over from Phil Neville, who had cut an increasingly beleaguered figure during his final weeks and his exit was no surprise.
During the his final game in charge – a 1-0 defeat at home to New York Red Bulls – fans jeered Neville and booed his 20-year-old son Harvey every time the right-back touched the ball.
“Please, just come for me,” said the manager about the crowd reaction, “don’t go for one of my boys, don’t go for one of my young kids because that hurts, that’s personal.”
A day later, Neville Snr was gone. “Sometimes in this game we have to make the toughest decisions and sadly we feel the time is right to make a change,” said Beckham, Neville’s former Manchester United and England teammate.
Hopes for a results bump under Neville's assistant Moreno have failed to materialise with the Argentine having overseen three defeats and reports suggest he will soon be replaced by Messi's former coach at Barcelona – Gerardo 'Tata' Martino.
So it will all be uncharted territory for Messi and his former Barcelona teammate Sergio Busquets who both join up with their new club next month.
The lowest Messi and Busquets finished during their storied careers at Barca was third, but their impact is going to have to be immediate and spectacular if they are to add a US title to their combined total of 75 major trophies.
Messi is expected to make his debut against Mexican side Cruz Azul on July 21 in the group stage of the Leagues Cup, which features teams from MLS and Mexico's Liga MX.
And while fresh silverware is unlikely to be heading Messi and Miami's way this season, principle owner Jorge Mas is looking at the bigger picture. “I think there will always be a before and after Messi when we talk about the sport in the United States,” he told the Miami Herald.
“I have a very, very strong held belief that we can create in North America and the United States if not the greatest league, one of the top two leagues in the world. I cannot over emphasise the magnitude of this announcement.”
Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics
Profile
Company name: Jaib
Started: January 2018
Co-founders: Fouad Jeryes and Sinan Taifour
Based: Jordan
Sector: FinTech
Total transactions: over $800,000 since January, 2018
Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups
The five pillars of Islam
The bio
Favourite food: Japanese
Favourite car: Lamborghini
Favourite hobby: Football
Favourite quote: If your dreams don’t scare you, they are not big enough
Favourite country: UAE
Winners
Best Men's Player of the Year: Kylian Mbappe (PSG)
Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)
TikTok Fans’ Player of the Year: Robert Lewandowski
Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)
Best Women's Player of the Year: Alexia Putellas (Barcelona)
Best Men's Club of the Year: Chelsea
Best Women's Club of the Year: Barcelona
Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)
Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)
Best Coach of the Year: Roberto Mancini (Italy)
Best National Team of the Year: Italy
Best Agent of the Year: Federico Pastorello
Best Sporting Director of the Year: Txiki Begiristain (Manchester City)
Player Career Award: Ronaldinho
THE SPECS
Engine: six-litre W12 twin-turbo
Transmission: eight-speed dual clutch auto
Power: 626bhp
Torque: 900Nm
Price: Dh940,160 (plus VAT)
On sale: Q1 2020
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
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.”
Results
Female 49kg: Mayssa Bastos (BRA) bt Thamires Aquino (BRA); points 0-0 (advantage points points 1-0).
Female 55kg: Bianca Basilio (BRA) bt Amal Amjahid (BEL); points 4-2.
Female 62kg: Beatriz Mesquita (BRA) v Ffion Davies (GBR); 10-2.
Female 70kg: Thamara Silva (BRA) bt Alessandra Moss (AUS); submission.
Female 90kg: Gabreili Passanha (BRA) bt Claire-France Thevenon (FRA); submission.
Male 56kg: Hiago George (BRA) bt Carlos Alberto da Silva (BRA); 2-2 (2-0)
Male 62kg: Gabriel de Sousa (BRA) bt Joao Miyao (BRA); 2-2 (2-1)
Male 69kg: Paulo Miyao (BRA) bt Isaac Doederlein (USA); 2-2 (2-2) Ref decision.
Male 77kg: Tommy Langarkar (NOR) by Oliver Lovell (GBR); submission.
Male 85kg: Rudson Mateus Teles (BRA) bt Faisal Al Ketbi (UAE); 2-2 (1-1) Ref decision.
Male 94kg: Kaynan Duarte (BRA) bt Adam Wardzinski (POL); submission.
Male 110kg: Joao Rocha (BRA) bt Yahia Mansoor Al Hammadi (UAE); submission.
Brief scores:
QPR 0
Watford 1
Capoue 45' 1
Indika
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%2011%20Bit%20Studios%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Odd%20Meter%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%205%2C%20PC%20and%20Xbox%20series%20X%2FS%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Company Profile
Name: JustClean
Based: Kuwait with offices in other GCC countries
Launch year: 2016
Number of employees: 130
Sector: online laundry service
Funding: $12.9m from Kuwait-based Faith Capital Holding