Juan Mata, right, and Scott McTominay express their dejection at Manchester United's failure to beat Huddersfield Town. Getty
Juan Mata, right, and Scott McTominay express their dejection at Manchester United's failure to beat Huddersfield Town. Getty
Juan Mata, right, and Scott McTominay express their dejection at Manchester United's failure to beat Huddersfield Town. Getty
Juan Mata, right, and Scott McTominay express their dejection at Manchester United's failure to beat Huddersfield Town. Getty

Europa League 'a true reflection' of struggling Manchester United's level


Richard Jolly
  • English
  • Arabic

The most damning element came after the final whistle.

“It is probably the right place for us to be next year, the Europa League,” said Ole Gunnar Solskjaer.

Confirmation came that the man who won Manchester United the Champions League in 1999 will lead them into the continent’s secondary competition after they floundered against a side bound for the Championship.

“We weren’t good enough,” said Solskjaer, a comment that is equally applicable on the day and over the season.

“We are all disappointed we aren’t in the Champions League but I think that is a true reflection. The table seldom lies in the end.” So United’s 2019-20 campaign may yet begin in Europa League qualifying in July, should they finish sixth and Watford win the FA Cup. Incorrigible optimist that he is, Solskjaer talked about it offering opportunities to United’s youngsters, but it would represent another indignity.

Even a draw, ending a run of five straight away defeats, was bad enough. United  had lost seven of their previous 10 games but, given Huddersfield Town’s travails, there was a case for arguing this was worse than any of those losses.

“Sometimes it happens: concentration, application, confidence drops,” said Solskjaer.

Lacking ideas and urgency. United made elementary errors and resembled a rabble. They endured the humiliation of the Huddersfield fans taunting them about how bad they were.

“Effort and attitude was not the problem,” said Solskjaer. “The players were running and trying.”

They certainly try the patience. Huddersfield, who had lost 22 of their previous 24 games and only taken four points since November, gifted United a goal. They still held them.

If nothing else, they ensured a dreadful season had a comparatively happy ending. Their long-suffering supporters deserved it; so, too, Dean Hoyle, who is standing down after a decade as a popular owner.

“We wanted to give something back to the chairman and the fans,” said manager Jan Siewert.

It felt unlikely when Huddersfield, behind after 15 seconds against Liverpool last week, contrived to concede in comical fashion after just seven minutes.

Just the second goal of Scott McTominay’s United career came courtesy of Jonas Lossl, who neglected to try and use his hands to stop a tame shot and failed to block it with his knees.

Thereafter Paul Pogba hit the bar with a header but has still not scored in open play since February. Marcus Rashford shot wide but none of United’s forwards have struck since March.

Only Juan Mata, who curled a shot narrowly past the post, at least showed glimpses of class, and the enterprising substitute Tahith Chong played remotely well. The teenager almost delivered a winner. United did not merit one.

Alexis Sanchez was utterly ineffectual on his first start for two months. He hobbled off after 53 minutes, an ankle problem ending his afternoon, and perhaps his season, in suitably anti-climactic fashion.

“There is the chance you have seen the last of [some] players,” added Solskjaer, though Sanchez’s wages may mean United are lumbered with him.

Phil Jones and Luke Shaw, who have signed new contracts, should stay but traded blunders, the left-back’s mistake costing them as United conceded in lamentable fashion, 13 seconds after they took a corner.

“We have conceded too many times when we have had a corner kick,” noted Solskjaer. “We became sloppy.”

Lossl contrived get an assist against United for the second successive season as Shaw missed his punt forward. Isaac Mbenza raced on to score belatedly open his Huddersfield account.

The Town fans greeted it with a chant of “we’ve scored a goal.” They have only seen 10 on home turf this season.

It meant United’s wait for a clean sheet extended to a 14th game, their worst run since 1970.

David de Gea, culpable for a rash of goals recently, twice saved well from Karlan Grant, sparing United the most embarrassing of defeats.

Even a draw felt bad enough but Solskjaer accepted: “It's not come as a surprise.”

Rajasthan Royals 153-5 (17.5 ov)
Delhi Daredevils 60-4 (6 ov)

Rajasthan won by 10 runs (D/L method)

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Champions parade (UAE timings)

7pm Gates open

8pm Deansgate stage showing starts

9pm Parade starts at Manchester Cathedral

9.45pm Parade ends at Peter Street

10pm City players on stage

11pm event ends

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.”

Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

MATCH INFO

Southampton 0
Manchester City 1
(Sterling 16')

Man of the match: Kevin de Bruyne (Manchester City)

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m