Brentford coach Thomas Frank celebrates with Sergi Canos after the Championship play-off semi-final win over Swansea City. Getty
Brentford coach Thomas Frank celebrates with Sergi Canos after the Championship play-off semi-final win over Swansea City. Getty
Brentford coach Thomas Frank celebrates with Sergi Canos after the Championship play-off semi-final win over Swansea City. Getty
Brentford coach Thomas Frank celebrates with Sergi Canos after the Championship play-off semi-final win over Swansea City. Getty

Brentford, the ultimate Moneyball team, one game from Premier League jackpot


Richard Jolly
  • English
  • Arabic

The Championship can be a division of dreamers, a league of clubs who can glimpse their past and a more lucrative future.

Each of its 24 participants this season has played top-flight football, but Brentford’s has been the longest wait. It is 73 years since they were relegated from the old Division One. Now only their London neighbours Fulham separate them from a place in the Premier League.

Their enthusiastic, intense manager Thomas Frank keeps on talking of the £170 million (Dh818m) reward for winning the play-off final. Money is a constant in the conversations and not merely because they are leaving Griffin Park, their home of 116 years, for the £70 million Brentford Community Stadium.

Brentford have become English football’s ultimate Moneyball team, the experts in identifying the up-and-coming, the undervalued and the unknown and selling them on.

Owner and lifelong fan Matthew Benham is a former professional gambler who founded a betting company. Brentford keep on playing the numbers.

The top two divisions are populated with profitable bits of business: Neal Maupay, Ezri Konsa and Romaine Sawyers raised £35 million last summer, while Chris Mepham and John Egan were among those to bring in £30 million the previous season. Factor in Andre Gray, James Tarkowski, Scott Hogan and Jota and Brentford have banked more than £100 million in five years.

Other Championship clubs, Bristol City and Preston in particular, have run businesses by selling on players to wealthier clubs but no one has done it as consistently or as productively as Brentford. It is why they often come up in conversations with rival clubs.

They feel role models, forever operating with the future in mind. That acumen explains why a club with the division’s fourth lowest average attendance, when crowds were permitted, could challenge.

But Brentford speculated to accumulate. Paying £5.5 million for a 28-year-old centre-back last summer was not designed with resale value in mind but Pontus Jansson claimed that, after falling out with Marcelo Bielsa and Leeds, he got his agent to call Brentford.

“They had to put my name into the data,” said the Swede, highlighting how Brentford’s recruitment is influenced by the statistics. Now they have improved. With Jansson, Brentford had the second-best defensive record last season; after conceding 59 league goals in 2018-19, they were only breached 38 times.

They were also top scorers, all the more admirable as they sold Maupay, the division’s second most prolific player in 2018-19, to Brighton. Just as when Dean Smith joined Aston Villa and Frank was promoted to replace him, the answer was internal.

Brentford had planned for Maupay’s departure and Ollie Watkins, having spent the previous year as a winger, replaced him as both the main striker and the Championship’s second most potent marksman, behind only Fulham’s Aleksandar Mitrovic. Watkins and winger Said Benrahma, whose campaign yielded 17 goals and eights assists, should graduate to the Premier League even if Brentford do not.

Bryan Mbeumo completes a 57-goal front three. Their acronym ‘BMW’ has become so commonplace that Frank often uses it; between them, they orchestrated a play-off demolition of Swansea that was conducted at blistering pace.

Mbeumo came from Troyes, Benrahma from Nice, where he was a serial loanee, and Watkins from Exeter; off the beaten track, in short. The entire squad has nine minutes of Premier League experience, courtesy of winger Sergi Canos for Liverpool in 2016.

They should arguably have already booked their top-flight place. After eight successive wins, they lost their last two league games when a solitary victory would have booked automatic promotion.

Now a club who have had four spells in the fourth tier since they last played in the elite have a second chance.

If you go

The flights

Fly direct to London from the UAE with Etihad, Emirates, British Airways or Virgin Atlantic from about Dh2,500 return including taxes. 

The hotel

Rooms at the convenient and art-conscious Andaz London Liverpool Street cost from £167 (Dh800) per night including taxes.

The tour

The Shoreditch Street Art Tour costs from £15 (Dh73) per person for approximately three hours. 

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.”

MATCH INFO

Uefa Champions League semi-final, first leg

Tottenham 0-1 Ajax, Tuesday

Second leg

Ajax v Tottenham, Wednesday, May 8, 11pm

Game is on BeIN Sports