Big spending Aston Villa counting the cost of poor recruitment


Richard Jolly
  • English
  • Arabic

Underachievement can keep getting more expensive. Fulham set an unwanted record last season by becoming the first club to spend £100 million (Dh461.7m) on transfers in a season and then be relegated. Aston Villa’s expenditure over the last 13 months stretches to about £140m. Their fate could be sealed by Arsenal on Tuesday.

Villa’s plight reflects badly on the sporting director Jesus Garcia Pitarch – no wonder, given his wretched record, he argued in March there should be no relegation this year – but it reflects wider issues. Five of the 2019 Championship play-off winning team were borrowed: three of them were eventually bought but at a cost to this season’s budget while Villa have missed Axel Tuanzebe, after finding no such resolute centre-back partner for Tyrone Mings, and Tammy Abraham, who scored 26 goals last season.

This season’s three striking signings have been Wesley, who scored six times before being injured on New Year’s Day, his replacement Mbwana Samatta, who has a solitary league goal, and Borja Baston, who left after only 16 minutes of action. The choice in attack on Tuesday lies between Samatta and the homegrown Keinan Davis, who troubles defences but has two goals in 55 career league games.

“We haven't got the points we deserve [in summer],” said manager Dean Smith. “That's been pretty much down to the final third of the pitch.”

Factor in goalkeeping problems since Tom Heaton was also hurt in that damaging victory at Burnley and it amounts to a dangerous formula. Villa can be poor where it matters most: the penalty boxes.

They may have been luckless. “We've been hampered by some big injuries this season to key players; Tom Heaton, Wesley, John McGinn,” added Smith.

McGinn did not play between December and June and has not recaptured his excellence. Villa’s progressive midfield was their strongest suit, but the once talismanic captain Jack Grealish has neither a goal nor an assist since the restart.

Neutrals may miss Villa. Only Manchester City, Chelsea and Liverpool’s games have produced more goals but, until lockdown, Villa were rarely convincing in defence. They have conceded the most goals on the counter-attack, the second most from set-pieces and the most in the last 10 minutes of games.

They have been found wanting on the road where, unless they shut out West Ham on Sunday, they will complete the season without a clean sheet, and against the best. They only have two points against the top eight. Perhaps they will take hope, then, that Arsenal are 10th.

When football was halted in March, well-sourced reports suggested Smith was one game from the sack. The eventual verdict may be that a decent man and a lifelong Villa fan was not an abject failure this season, but was almost good enough; but that "almost" amounted to several points in fine margins

And yet, in Smith’s defence, he was the driving force in recruiting Heaton and Mings, the two best summer buys. Villa can rue those who got away, the targets like Neal Maupay, Said Benrahma and Kalvin Phillips who, for various reasons, they did not sign last summer. Smith would have liked all and each, based on his form elsewhere, would have done better than the men they did bring in.

Perhaps each would have cost more. Certainly, the numbers look worrying for Villa. Inflated by promotion bonuses, they made a £68.9m loss last year. The notion that, after investment, they had equity in their squad is being dented by the probable decline in transfer fees. It would be sad if relegation prompts Grealish to go, but his value is being hit. Villa, meanwhile, can only wonder where £140m has got them.

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
UAE currency: the story behind the money in your pockets
Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

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.

How to protect yourself when air quality drops

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.

UAE currency: the story behind the money in your pockets
Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

MATCH INFO

Wales 1 (Bale 45 3')

Croatia 1 (Vlasic 09')

Company info

Company name: Entrupy 

Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist

Based: New York, New York

Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.  

Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius. 

Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place. 

MATCH INFO

Quarter-finals

Saturday (all times UAE)

England v Australia, 11.15am 
New Zealand v Ireland, 2.15pm

Sunday

Wales v France, 11.15am
Japan v South Africa, 2.15pm

How tumultuous protests grew
  • A fuel tax protest by French drivers appealed to wider anti-government sentiment
  • Unlike previous French demonstrations there was no trade union or organised movement involved 
  • Demonstrators responded to online petitions and flooded squares to block traffic
  • At its height there were almost 300,000 on the streets in support
  • Named after the high visibility jackets that drivers must keep in cars 
  • Clashes soon turned violent as thousands fought with police at cordons
  • An estimated two dozen people lost eyes and many others were admitted to hospital 
Hydrogen: Market potential

Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.

"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.

Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.

The cost of electrolysers used in green hydrogen production has halved over the last five years and will fall to 60 to 90 per cent by the end of the decade, acceding to Haim Israel, equity strategist at Merrill Lynch. A global focus on decarbonisation and sustainability is also a big driver in its development.

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

It's up to you to go green

Nils El Accad, chief executive and owner of Organic Foods and Café, says going green is about “lifestyle and attitude” rather than a “money change”; people need to plan ahead to fill water bottles in advance and take their own bags to the supermarket, he says.

“People always want someone else to do the work; it doesn’t work like that,” he adds. “The first step: you have to consciously make that decision and change.”

When he gets a takeaway, says Mr El Accad, he takes his own glass jars instead of accepting disposable aluminium containers, paper napkins and plastic tubs, cutlery and bags from restaurants.

He also plants his own crops and herbs at home and at the Sheikh Zayed store, from basil and rosemary to beans, squashes and papayas. “If you’re going to water anything, better it be tomatoes and cucumbers, something edible, than grass,” he says.

“All this throwaway plastic - cups, bottles, forks - has to go first,” says Mr El Accad, who has banned all disposable straws, whether plastic or even paper, from the café chain.

One of the latest changes he has implemented at his stores is to offer refills of liquid laundry detergent, to save plastic. The two brands Organic Foods stocks, Organic Larder and Sonnett, are both “triple-certified - you could eat the product”.  

The Organic Larder detergent will soon be delivered in 200-litre metal oil drums before being decanted into 20-litre containers in-store.

Customers can refill their bottles at least 30 times before they start to degrade, he says. Organic Larder costs Dh35.75 for one litre and Dh62 for 2.75 litres and refills will cost 15 to 20 per cent less, Mr El Accad says.

But while there are savings to be had, going green tends to come with upfront costs and extra work and planning. Are we ready to refill bottles rather than throw them away? “You have to change,” says Mr El Accad. “I can only make it available.”

Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

'Worse than a prison sentence'

Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.

“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.

“They were living in perpetual mystery as to how their futures would pan out, and what that would be.

“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.

“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.

“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”

Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

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.