Argentina coach Alejandro Sabella is shown conducting a team training session on Sunday ahead of  their Wednesday semi-final against the Netherlands at the 2014 World Cup. Dennis M Sabangan / EPA / July 6, 2014
Argentina coach Alejandro Sabella is shown conducting a team training session on Sunday ahead of their Wednesday semi-final against the Netherlands at the 2014 World Cup. Dennis M Sabangan / EPA / JuShow more

Argentina’s Alejandro Sabella remembered for his Sheffield United stint



Argentina coach Alejandro Sabella’s former teammates in England are both surprised and delighted at his success at the World Cup.

Sabella, whose Argentina face the Netherlands in Wednesday’s semi-final, came to England in 1978 in the shadow of more celebrated Argentinian World Cup-winning heroes Ossie Ardiles and Ricky Villa.

While Ardiles and Villa joined fashionable Tottenham Hotspur the then 24-year-old Sabella – who was not a member of the World Cup winning squad – arrived at unglamorous Second Division side Sheffield United for £160,000 from historic Argentinian side River Plate.

The talented midfielder had fallen for the charm of visionary United manager Harry Haslam, though, it is unlikely many of his training routines have filtered through to the way Sabella has coached the national side and sees them preparing for their first World Cup semi-final since 1990.

One of his teammates from that time Steve Charles told Sheffield local paper The Star that it was a bit of a culture shock for both the Argentinian and the journeymen pros at the club when he rolled up.

“He was above our level, in all honesty,” said 54-year-old Charles, who made 156 appearances for United.

“But Alex was never flash, or ‘big time’, or anything like that. He kept himself mostly to himself, and he was a smart, gentle bloke with a good sense of humour,” added Charles.

Sabella, who took over at the helm after Argentina failed to win the Copa America on home soil in 2011, wouldn’t have struck Charles as a natural coach because of his reserved character at the time.

“He’s done really well for himself,” Charles continued.

“But I’m not surprised because he’s a top bloke, from a good footballing background. To be honest, at United I never had him down as a manager but it was a long time ago now.

“He was a quiet and reserved person, but he knows what he’s talking about as he’s been in the game such a long time.

Sabella, who won eight caps for Argentina, failed to ignite a revival in Sheffield United’s fortunes, indeed they were relegated to the Third Division and with a new stand to be paid for they had little option but to cash in on him.

Thus having rejected a move to Sunderland he agreed to go for the princely sum of £400,000 to another Yorkshire side, English heavyweights Leeds United, who were fighting to regain the heights they had enjoyed during the Don Revie era.

One of the Leeds players at the time, defender Paul Hart, said he was a pleasure to have around – he stayed till 1982 and made minimal impact with just two goals in 23 appearances.

But like Charles he also didn’t think of Sabella as management material at the time.

“It would be difficult to say any of us thought then we would go on to become managers,” Hart told the Daily Telegraph.

“It was not something you thought about as players. I would not have considered going into coaching myself at the time but it is credit to Alex he has made such excellent progress.

“I can remember in 1996 going to watch Argentina in a friendly against the Republic of Ireland and Alex was the assistant to the great centre-half Daniel Passarella, who was then in charge of the Argentina team.

“We had a great chat and he presented me with an Argentina jersey which I still treasure,” said the 61-year-old former Nottingham Forest and Queens Park Rangers manager.

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Afghanistan v Zimbabwe, Abu Dhabi Sunshine Series

All matches at the Zayed Cricket Stadium, Abu Dhabi

Test series

1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March

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Etihad and Emirates fly direct from the UAE to Seoul from Dh3,775 return, including taxes

The package

Ski Safari offers a seven-night ski package to Korea, including five nights at the Dragon Valley Hotel in Yongpyong and two nights at Seoul CenterMark hotel, from £720 (Dh3,488) per person, including transfers, based on two travelling in January

The info

Visit www.gokorea.co.uk

'Champions'

Director: Manuel Calvo
Stars: Yassir Al Saggaf and Fatima Al Banawi
Rating: 2/5
 

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Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

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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.

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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.”

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Getting there

The flights

Flydubai operates up to seven flights a week to Helsinki. Return fares to Helsinki from Dubai start from Dh1,545 in Economy and Dh7,560 in Business Class.

The stay

Golden Crown Igloos in Levi offer stays from Dh1,215 per person per night for a superior igloo; www.leviniglut.net 

Panorama Hotel in Levi is conveniently located at the top of Levi fell, a short walk from the gondola. Stays start from Dh292 per night based on two people sharing; www. golevi.fi/en/accommodation/hotel-levi-panorama

Arctic Treehouse Hotel in Rovaniemi offers stays from Dh1,379 per night based on two people sharing; www.arctictreehousehotel.com

UAE currency: the story behind the money in your pockets
Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

Business Insights
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  • US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
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Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

Company profile

Date started: January, 2014

Founders: Mike Dawson, Varuna Singh, and Benita Rowe

Based: Dubai

Sector: Education technology

Size: Five employees

Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.

Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)

Expert input

If you had all the money in the world, what’s the one sneaker you would buy or create?

“There are a few shoes that have ‘grail’ status for me. But the one I have always wanted is the Nike x Patta x Parra Air Max 1 - Cherrywood. To get a pair in my size brand new is would cost me between Dh8,000 and Dh 10,000.” Jack Brett

“If I had all the money, I would approach Nike and ask them to do my own Air Force 1, that’s one of my dreams.” Yaseen Benchouche

“There’s nothing out there yet that I’d pay an insane amount for, but I’d love to create my own shoe with Tinker Hatfield and Jordan.” Joshua Cox

“I think I’d buy a defunct footwear brand; I’d like the challenge of reinterpreting a brand’s history and changing options.” Kris Balerite

 “I’d stir up a creative collaboration with designers Martin Margiela of the mixed patchwork sneakers, and Yohji Yamamoto.” Hussain Moloobhoy

“If I had all the money in the world, I’d live somewhere where I’d never have to wear shoes again.” Raj Malhotra

DUBAI WORLD CUP CARNIVAL CARD

6.30pm Handicap US$135,000 (Turf) 2,410m

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8.50pm Al Fahidi Fort Group Two $250,000 (T) 1,400m

9.25pm Handicap $135,000 (D) 2,000m

 

The National selections

6.30pm: Gifts Of Gold

7.05pm Final Song

7.40pm Equilateral

8.15pm Dark Of Night

8.50pm Mythical Magic

9.25pm Franz Kafka