New Real Madrid player Jude Bellingham is unveiled at Valdebebas training ground in Madrid, Spain. Getty Images
New Real Madrid player Jude Bellingham is unveiled at Valdebebas training ground in Madrid, Spain. Getty Images
New Real Madrid player Jude Bellingham is unveiled at Valdebebas training ground in Madrid, Spain. Getty Images
New Real Madrid player Jude Bellingham is unveiled at Valdebebas training ground in Madrid, Spain. Getty Images

Bellingham and Guler ready for shoot-out with Real Madrid's other young guns


Ian Hawkey
  • English
  • Arabic

On Real Madrid’s first day of pre-season, the two most celebrated freshmen arrived with hired chauffeurs. Jude Bellingham and Arda Guler have not been in town long, so sorting out permanent transport arrangements is a chore to come. Besides, both of them have only recently become old enough to hold a driving licence.

Guler, recruited from Fenerbahce ahead of competing interest from various clubs including Barcelona, is 18. Bellingham, the England international signed from Borussia Dortmund, only ceased to be a teenager 12 days ago. As they gathered at practice for a first team talk from Carlo Ancelotti, the head coach, they looked around and saw a club actively rejuvenating.

No longer are there lockers in the dressing room bearing the names of Eden Hazard, 32, or Karim Benzema, 35, two major departures of the summer so far. Alongside Bellingham and Guler were young, ambitious Madrid players who, like them, signed as teenagers in the past and carry an obvious determination to alter the club’s lingering reputation as a dangerous career cul-de-sac for prodigies.

Fede Valverde was among the eager early arrivals at a pre-season that has a staggered start, with most players who were involved in June and July internationals allowed to extend their holidays until later this month.

Valverde came from his native Uruguay into Madrid’s youth system as an 18-year-old; he will be 25 in 11 days' time. Last season, he played more minutes for the senior side than any outfielder other than Vinicius Junior, another who arrived at Madrid aged 18.

Also reporting for duty was Brahim Diaz, who has been a Madrid property since the club signed him from Manchester City at the age of 19. He’s 23 now, and spent the last three seasons on loan at AC Milan, where he won a Serie A title and helped guide the Italian club to a Champions League semi-final.

Back in Spain, Brahim’s aim is to break the mould, reverse a storyline that has Madrid hoovering up precocious talents, failing to use them wisely and in many cases, regretting it when they see them thrive elsewhere.

Famously, there’s the case of Martin Odegaard, scooped up with great fanfare – Madrid were thrilled, as in the capture of Guler, to gazump Barcelona to Odegaard’s signature – and presented, in the winter of 2016 to supporters as the superstar of the future.

He was 16. Ancelotti, then in his first spell as manager, shepherded the Norwegian to the youth team but gave him a first team debut in what remained of that season.

Yet after that, Odegaard would barely be glimpsed in a Madrid jersey. Although he developed impressively through four different loans, to clubs in the Netherlands, Spain and England, the most significant yield for his parent club would be the €40 million they sold him to Arsenal for when Odegaard was 22. Within a year he was named Arsenal captain, ahead of a starring role in guiding Arsenal to runners-up in last season’s Premier League.

There is a reluctance, among Madrid’s management, to risk seeing Diaz, who Milan would have liked to sign permanently, follow a similar path. Nor will Guler be content to accept that loan spells may be a safer path to accumulating experience ahead of establishing himself as a senior Madrid playmaker.

At Guler’s unveiling, he was asked several times by reporters if he anticipated being loaned out. Each time he made it clear he had joined Madrid to compete immediately for a first-team place.

“I’ve been told I’m here to play – going out on loan is not in my plans,” he replied firmly, while acknowledging that for his role, in the attacking zone of midfield, competition for places is stiff: There’s Bellingham, Valverde, there’s now Brahim, there’s Dani Ceballos, and, in his all-terrain midfield capabilities, there’s Edu Camavinga, who joined Madrid as an 18-year-old two summers ago.

There are also the ageless veterans, Luka Modric, 37, and Toni Kroos, 32, still with major roles to play.

“We have players who are growing up alongside these legends,” said Madrid president Florentino Perez, with a nod to the significant transition represented by the band of tyros in their teens or early 20s who could, come the beginning of the 2023/24 campaign, make up an impressive front six in the line-up.

It would have Camavinga or 23–year-old Aurelien Tchouameni at the base of midfield, Bellingham and Valverde on either side and Diaz or Guler just behind Vinicius or Rodrygo, strikers who were both scouted in Brazil when they were adolescents.

“We are strengthening for the present and the future,” added Perez, a future that may well, sooner or later, also include Kylian Mbappe, who is still only 24.

Company%20profile
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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.”

ESSENTIALS

The flights 
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Where to stay 
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.

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The past Palme d'Or winners

2018 Shoplifters, Hirokazu Kore-eda

2017 The Square, Ruben Ostlund

2016 I, Daniel Blake, Ken Loach

2015 DheepanJacques Audiard

2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan

2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux

2012 Amour, Michael Haneke

2011 The Tree of LifeTerrence Malick

2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul

2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke

2008 The Class (Entre les murs), Laurent Cantet

Emergency phone numbers in the UAE

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

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Company Profile

Company name: NutriCal

Started: 2019

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Based: Dubai

Industry: Food Technology

Initial investment: Self-funded undisclosed amount

Future plan: Looking to raise fresh capital and expand in Saudi Arabia

Total Clients: Over 50

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So what is Spicy Chickenjoy?

Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
 

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Dragons
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Cons: Love
Pens: Love 3

Bahrain
Tries: Kenny, Crombie, Tantoh
Cons: Phillips
Pens: Phillips 2

Racecard
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Five expert hiking tips
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Eagles
Tries: Bright, O’Driscoll
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Hurricanes
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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

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  • Specialist robotics and science laboratories
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  • Disruption Lab and Research Centre for developing entrepreneurial skills
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If you go...

Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.

Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50

RESULTS
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AUSTRALIA SQUAD

Aaron Finch, Matt Renshaw, Brendan Doggett, Michael Neser, Usman Khawaja, Shaun Marsh, Mitchell Marsh, Tim Paine (captain), Travis Head, Marnus Labuschagne, Nathan Lyon, Jon Holland, Ashton Agar, Mitchell Starc, Peter Siddle

Updated: July 11, 2023, 7:32 AM