Romelu Lukaku has not played for Chelsea since May 2022 and is attempting to leave the club this summer. EPA
Romelu Lukaku has not played for Chelsea since May 2022 and is attempting to leave the club this summer. EPA
Romelu Lukaku has not played for Chelsea since May 2022 and is attempting to leave the club this summer. EPA
Romelu Lukaku has not played for Chelsea since May 2022 and is attempting to leave the club this summer. EPA

Mauricio Pochettino: Both Chelsea and Romelu Lukaku to blame for continued standoff


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Chelsea manager Mauricio Pochettino said both sides must share the blame for the ongoing standoff between the club and Romelu Lukaku, with the striker's future no closer to being resolved.

Lukaku spent last season on loan back at Inter Milan, having returned to Chelsea two years ago for a then club record transfer fee of £97.5 million, after a disastrous season at Stamford Bridge which saw him fall out with then manager Thomas Tuchel.

The Belgium international, who has not played for Chelsea since May 2022, has not been given a squad number this season and has made clear his desire to leave.

But despite interest from Inter and Serie A rivals Juventus to take him on loan for the season, Chelsea have been unwilling to consider a temporary move and would rather he was sold, though they are keen to recoup as much as possible of the hefty transfer fee they paid.

Pochettino has only one recognised striker available for Sunday’s visit to West Ham, summer signing Nicolas Jackson, though the manager said he expects academy product Armando Broja to play a role this season once he has recovered from the ACL injury that has kept him out since December.

On Lukaku’s prospects of being reintegrated into the team, he said that nothing has changed since pre-season, despite the injury to summer signing Christopher Nkunku and the club’s failure to lure Michael Olise from Crystal Palace this week.

“The situation (with Lukaku) was clear before we arrived between the club and the player,” Pochettino said. “For us, there’s nothing to do.

“It’s not only one side. It’s two sides. It’s two sides to try to find the best solution. You cannot put it only on the club, the situation. It’s both sides. The situation is where it is because of two sides. It’s like when you have a player in or a player out. It’s because both sides arrive to an agreement.

“The situation is how it is, we cannot change. We were informed before we signed, the situation on every single player, and after we signed we had the squad we had. I think it is so clear, nothing changed. If there’s something to inform, the club will inform.”

Chelsea’s difficulty with strikers predates Pochettino’s arrival at Stamford Bridge.

The team struggled for goals last season, while former Arsenal and Barcelona forward Pierre-Emerick Aubameyang was largely sidelined having been signed under Tuchel but considered surplus to requirements by subsequent managers Graham Potter and Frank Lampard.

Chelsea manager Mauricio Pochettino. Reuters
Chelsea manager Mauricio Pochettino. Reuters

He left to join Marseille in July but Pochettino has inherited the uncertainty surrounding Lukaku from his predecessors.

“For me I need to be focussed on the team,” he said. “To try to perform. We cannot spend energy on a situation that was clear before we started here.”

The manager also reiterated his objectives for the season that nothing short of qualification for the Champions League will be deemed acceptable.

Chelsea finished 12th last season and missed out on Europe for only the second time since 1996, but with £350m spent so far on summer recruits there is expectation from Pochettino that the gap to the top four must be closed quickly, with winning the Premier League title his next aim.

“My mind is to come back to Europe in the Champions League next season,” he said. “We cannot accept another idea (other than) to put the club in the position they deserve to be.

Nicolas Jackson is Chelsea's main recognised centre-forward. EPA
Nicolas Jackson is Chelsea's main recognised centre-forward. EPA

“If someone is thinking in this way, I would be very worried, in this training ground or in Stamford Bridge.

“Today it’s so early to think too much on this situation. The idea is to win the Premier League. If someone has a different idea, it’s better to tell us, and we’ll say maybe we’ll find some solution.

“If we can create and perform in the way that we expect from day one, that is a process that we need to build. The mentality needs to be to win and to expect to play in the Champions League and to win the Premier League. If not, we will fail.

“The challenge is to create the mentality that all is possible.”

Chelsea take on West Ham at the London Stadium on Sunday in their second game of the Premier League season aiming for their first win having drawn against Liverpool in their opener.

THE BIO

Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.

Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.

Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.

Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.

 

 

Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Company%C2%A0profile
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BRIEF SCORES

England 228-7, 50 overs
N Sciver 51; J Goswami 3-23

India 219, 48.4 overs
P Raut 86, H Kaur 51; A Shrubsole 6-46

England won by nine runs

UAE%20Warriors%2045%20Results
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FULL%20FIGHT%20CARD
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MATCH INFO

FA Cup final

Chelsea 1
Hazard (22' pen)

Manchester United 0

Man of the match: Eden Hazard (Chelsea)

Walls

Louis Tomlinson

3 out of 5 stars

(Syco Music/Arista Records)

Married Malala

Malala Yousafzai is enjoying married life, her father said.

The 24-year-old married Pakistan cricket executive Asser Malik last year in a small ceremony in the UK.

Ziauddin Yousafzai told The National his daughter was ‘very happy’ with her husband.

Australia men's Test cricket fixtures 2021/22

One-off Test v Afghanistan:
Nov 27-Dec 1: Blundstone Arena, Hobart

The Ashes v England:
Dec 8-12: 1st Test, Gabba, Brisbane
Dec 16-20: 2nd Test, Adelaide Oval, Adelaide (day/night)
Dec 26-30: 3rd Test, Melbourne Cricket Ground, Melbourne
Jan 5-9, 2022: 4th Test, Sydney Cricket Ground, Sydney
Jan 14-18: 5th Test, Optus Stadium, Perth

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.”

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.

Washmen Profile

Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures

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Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

Charlotte Gainsbourg

Rest

(Because Music)

Dubai Creek Open in numbers
  • The Dubai Creek Open is the 10th tournament on this year's Mena Tour
  • It is the first of five events before the season-concluding Mena Tour Championship
  • This week's field comprises 120 players, 21 of which are amateurs
  • 15 previous Mena Tour winners are competing at Dubai Creek Golf and Yacht Club  
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Updated: August 20, 2023, 6:58 AM