• Mohamed Salah celebrates scoring Liverpool's second goal in their 2-2 Premier League draw with Arsenal at Emirates Stadium on October 27, 2024. Getty Images
    Mohamed Salah celebrates scoring Liverpool's second goal in their 2-2 Premier League draw with Arsenal at Emirates Stadium on October 27, 2024. Getty Images
  • Mohamed Salah scores Liverpool's second goal in the 81st minute. PA
    Mohamed Salah scores Liverpool's second goal in the 81st minute. PA
  • Liverpool's Mohamed Salah celebrates making it 2-2. Reuters
    Liverpool's Mohamed Salah celebrates making it 2-2. Reuters
  • Arsenal midfielder Mikel Merino heads home to make it 2-1 in the 43rd minute. AFP
    Arsenal midfielder Mikel Merino heads home to make it 2-1 in the 43rd minute. AFP
  • Arsenal's Mikel Merino celebrates after scoring. AP
    Arsenal's Mikel Merino celebrates after scoring. AP
  • Virgil van Dijk celebrates scoring his Liverpool's first goal in the 18th minute. Getty Images
    Virgil van Dijk celebrates scoring his Liverpool's first goal in the 18th minute. Getty Images
  • Virgil van Dijk heads home for Liverpool to make it 1-1. Reuters
    Virgil van Dijk heads home for Liverpool to make it 1-1. Reuters
  • Bukayo Saka celebrates after scoring to make it 1-0. EPA
    Bukayo Saka celebrates after scoring to make it 1-0. EPA
  • Bukayo Saka scores the Arsenal's first goal at the Emirates Stadium. AFP
    Bukayo Saka scores the Arsenal's first goal at the Emirates Stadium. AFP
  • Bukayo Saka celebrates after putting Arsenal 1-0 after nine minutes. AP
    Bukayo Saka celebrates after putting Arsenal 1-0 after nine minutes. AP

Slot not worried about Liverpool futures of Salah, Van Dijk and Alexander-Arnold


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Liverpool manager Arsen Slot insists he has no concerns over the futures of Mohamed Salah, Virgil van Dijk and Trent Alexander-Arnold despite all three being out of contract at the end of the season.

The trio, who have been key players in the club's success over recent seasons under the guidance of previous manager Jurgen Klopp, will be free to enter pre-contract talks with clubs abroad from start of new year.

Attacker Salah has long been linked with a move to the Saudi Pro league, while reports suggest that right-back Alexander-Arnold is reported to be on the radar of European champions Real Madrid and Ligue 1 side Paris Saint-Germain.

Defender and captain Van Dijk revealed last week that he is in talks to extend his stay at the club he joined in 2018 from Southampton.

Liverpool have started the season well under new coach Slot and are currently second in the Premier League, one point behind leaders Manchester City having lost just once in nine games.

They have also won all three of their Champions League fixtures so far as well as reaching the League Cup quarter-finals – which sees them taking on league strugglers Southampton at St Mary's Stadium – having disposed of Brighton in the fourth round on Wednesday.

“For me the contract situation could become a problem if the players don't perform as well as they do at the moment,” Slot said ahead of their second game in a matter of days against the Seagulls this weekend.

“Of course it's not sure that if, if, if they perform not as good any more that it has anything to do with their contract situation.

“At the moment all three of them are in a good place, all of them perform really, really, really well and there are ongoing discussions, as Virgil said, with the people he has to talk with, and that's not me as you know. I talk with him to him about other things.

“Let's wait and see but all what he said is completely right in that he doesn't exactly know what the future will be as long as he doesn't sign the contract yet.”

Salah, whose late goal earned Liverpool a point at title rivals Arsenal last weekend, said back in August that he plans to see out the final year of his contract before deciding on his future in 2025.

“Before the season, I was just like, ‘I’ve got one year left so let’s just enjoy it and don’t think about year-old the contract now’,” the 32-year-old told Sky Sports.

“I don’t think about anything and I really just enjoy it. I don’t want to think about next year. I don’t want to think about the future, just ‘OK, let’s enjoy the last year [of my contract] and we’ll see’. The most important thing is to take one day at a time and just be grateful to be here.”

Van Dijk, 33, revealed that he is in “discussions with the right people” over his Liverpool future as he moved into the final months of his current deal.

“I can say obviously discussions are ongoing, but I don't know, we will see what happens in the future,” he said. “My full focus is on Liverpool, wanting to win games that are ahead of me and nothing else.

“What the future will bring I have no idea at the moment. I can only tell you that discussions have been started up and we will see.”

Alexander-Arnold, 26, has been increasingly linked with a move to Madrid, potentially following in the footsteps of Liverpool greats Steve McManaman and Michael Owen in joining Los Blancos.

The England international said last month that he would like to become the first full-back to win the Ballon d'Or and become the “greatest right back ever” to play the game.

“Someone who changed the game. That's the main thing that I have,” Alexander-Arnold told Sky Sports when asked how he would like to be remembered in football.

“I just want that legacy of being probably the greatest right-back to ever play football, to be honest.

“I know that there's been many out there but, you know, I've got to reach for the stars, and that's where I believe my ceiling can go.”

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.”

COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

Updated: November 01, 2024, 1:36 PM