Kurt Zouma's proposed move to Adnoc Pro League club Shabab Al Ahli has collapsed after the French defender failed a medical, according to several reports.
Zouma, who has one year remaining on his contract with Premier League side West Ham United, was expected to complete a free transfer switch to Shabab Al Ahli and travelled to Dubai to complete the formalities. However, the 29-year-old centre-back has failed the medical, leading to the move being called off.
Zouma has had his fitness problems over the years, ever since tearing his cruciate ligament in February 2016, which sidelined him for more than nine months. Over the past three seasons, he suffered two separate hamstring injuries and another knee injury that kept him out of action for a combined four-and-a-half months.
The collapsed deal leaves West Ham in a difficult position having spent nearly £75 million ($95.85m) on new central defenders this summer; Wolves captain Max Kilman was signed for £40m last month and has been joined at the London Stadium by Jean-Clair Todibo from Nice on a loan deal that includes a £40m (£34.22m) obligation to buy.
Zouma has been at West Ham since 2021, when he arrived from Chelsea for £29.8m, and became a key player for the Hammers. Following the departure of Declan Rice to Arsenal last summer, the Frenchman was appointed club captain and played 39 games across competitions during the 2023/24 season.
Despite Zouma's importance to the team, West Ham are keen to offload one of their highest earners as new manager Julen Lopetegui begins shaping the squad in his own image.
The failed move is also a blow to Shabab Al Ahli, who would have viewed Zouma's ability, experience and leadership as a massive boost to their squad ahead of their bid to win back the Pro League title. The Dubai club won the league in 2022/23 but had to settle for runner-up last season behind a rampant Al Wasl side.
Zouma, who joined Chelsea in 2014 age 19, has made 247 Premier League appearances, winning two league titles, the League Cup, and the 2021 Uefa Champions League with the Blues. He then helped West Ham win their first European title in 58 years when they won the Europa Conference League in 2022.
The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
Company%20Profile
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How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
The years Ramadan fell in May
COMPANY%20PROFILE
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Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
