It remains to be seen whether Ronaldo Koeman or Lionel Messi will still be at Barcelona next season. Getty
It remains to be seen whether Ronaldo Koeman or Lionel Messi will still be at Barcelona next season. Getty
It remains to be seen whether Ronaldo Koeman or Lionel Messi will still be at Barcelona next season. Getty
It remains to be seen whether Ronaldo Koeman or Lionel Messi will still be at Barcelona next season. Getty

Ronald Koeman criticises Barcelona bosses and admits he might not be in charge next season


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Barcelona manager Ronald Koeman looks to be heading for the Camp Nou exit after criticising the club for not giving him enough support and admitting he does not know whether he will be in charge next season.

Club president Joan Laporta told the media this week that changes were imminent, with local media reporting that former midfielder Xavi Hernandez had been approached to replace the Dutchman.

Koeman refused to answer questions about this future after last week's disappointing 2-1 home defeat to Celta Vigo that meant the best Barca could finish this season was third, behind league leaders Atletico Madrid and arch-rivals Real Madrid.

"In the last month you need to respect your coach and players more. Things have come out in the press and they don't deserve that kind of treatment, things should be done differently," Koeman told a news conference on Friday.

"I know there's a lot of pressure here and I accept this, but sometimes I think in this country there's much more of a culture with the media getting involved with a coach's future, which I think is disrespectful.

"In the last part of the season I've not felt the support of the club. We've not spoken about the future. There's been times when I've had to be a spokesman for the club and that should be noted," he said.

"I know we need to make changes in order to win trophies and if that means a new coach or players then fine; but it needs to be communicated.

"I don't know if I will continue as coach, to be honest. I've not spoken with the president."

Barca player ratings for Celta Vigo defeat

  • BARCELONA RATINGS: Marc-Andre ter Stegen 5 - Always vocal, especially towards Barça’s younger players. Stranded and didn’t move for Santi Mina’s equaliser on 37 minutes – Celta’s first shot on goal. More involved towards the end as Celta attacked 10-man Barça – then Mina scored a second after Ter Stegen missed Solari’s cross before it. AFP
    BARCELONA RATINGS: Marc-Andre ter Stegen 5 - Always vocal, especially towards Barça’s younger players. Stranded and didn’t move for Santi Mina’s equaliser on 37 minutes – Celta’s first shot on goal. More involved towards the end as Celta attacked 10-man Barça – then Mina scored a second after Ter Stegen missed Solari’s cross before it. AFP
  • Ronald Araujo 7 - Big moment was a 60th minute header right in front of goal but headed over as Barça desperately pushed for the lead. He put his head in his hands – it was a real chance. At the other end struggled to block. EPA
    Ronald Araujo 7 - Big moment was a 60th minute header right in front of goal but headed over as Barça desperately pushed for the lead. He put his head in his hands – it was a real chance. At the other end struggled to block. EPA
  • Gerard Pique 6 - Put his hands behind his back when one on one with Santi Mina but the Celta striker simply fired the ball past him and into the net. Didn’t reflect well on Pique. Did well to win header towards Araujo in front of goal on 60 minutes. Taken off five minute later. Better passing accuracy than any player on the pitch, but a night to forget. EPA
    Gerard Pique 6 - Put his hands behind his back when one on one with Santi Mina but the Celta striker simply fired the ball past him and into the net. Didn’t reflect well on Pique. Did well to win header towards Araujo in front of goal on 60 minutes. Taken off five minute later. Better passing accuracy than any player on the pitch, but a night to forget. EPA
  • Clement Lenglet 4 - Usually Barça’s last man back – and more so as the Catalans pushed for a winner. A quiet game, then booked after 73 and then crashed into Kevin 10 minutes later for a second booking and a red card. Let his side down and allowed Celta to pressure and get a winner. AFP
    Clement Lenglet 4 - Usually Barça’s last man back – and more so as the Catalans pushed for a winner. A quiet game, then booked after 73 and then crashed into Kevin 10 minutes later for a second booking and a red card. Let his side down and allowed Celta to pressure and get a winner. AFP
  • Jordi Alba 6 As things got really desperate at Camp Nou with the score at 1-1 with 10 minutes left, Messi set up Alba close to the Celta goal. Alba struck the ball cleanly but across the goal. A central figure involved in so many of his side’s attacks, but disappointing. EPA
    Jordi Alba 6 As things got really desperate at Camp Nou with the score at 1-1 with 10 minutes left, Messi set up Alba close to the Celta goal. Alba struck the ball cleanly but across the goal. A central figure involved in so many of his side’s attacks, but disappointing. EPA
  • Pedri 6 - Set up Messi with a chance to make it 2-0. Limited impact against revitalised and in form Galicians. AFP
    Pedri 6 - Set up Messi with a chance to make it 2-0. Limited impact against revitalised and in form Galicians. AFP
  • Sergio Busquets 8 - Still wearing protective head gear after a clash two weeks ago, he picked Messi out with a ball over the defence on 27 minutes for Barça’s opener. Did what he does and moved the ball around and forward, but those in front couldn’t build on their chances by putting the ball in the net. Reuters
    Sergio Busquets 8 - Still wearing protective head gear after a clash two weeks ago, he picked Messi out with a ball over the defence on 27 minutes for Barça’s opener. Did what he does and moved the ball around and forward, but those in front couldn’t build on their chances by putting the ball in the net. Reuters
  • Ilaix Moriba 7 - Under fire boss Ronald Koeman continues to show faith in the teen midfielder. Shot over after 53 minutes as Barça sought a breakthrough. Reuters
    Ilaix Moriba 7 - Under fire boss Ronald Koeman continues to show faith in the teen midfielder. Shot over after 53 minutes as Barça sought a breakthrough. Reuters
  • Ousmane Dembele 7 - Lively on the right from the start. Neat run and pass back to Messi after nine minutes. Saw a lot of the ball, beat his men delightfully, though crosses or final balls lacked a killer edge. He was so involved throughout. EPA
    Ousmane Dembele 7 - Lively on the right from the start. Neat run and pass back to Messi after nine minutes. Saw a lot of the ball, beat his men delightfully, though crosses or final balls lacked a killer edge. He was so involved throughout. EPA
  • Antoine Griezmann 6 - Clean through on goalkeeper Villar after nine minutes but from a narrow angle. Made three key passes and linked well with Messi but still not involved enough and was taken off after 69 minutes – when he’d had fewer touches than any other player except his goalkeeper. EPA
    Antoine Griezmann 6 - Clean through on goalkeeper Villar after nine minutes but from a narrow angle. Made three key passes and linked well with Messi but still not involved enough and was taken off after 69 minutes – when he’d had fewer touches than any other player except his goalkeeper. EPA
  • Lionel Messi 9 - Potentially his last ever game at Camp Nou. Almost all Barça’s attacking play went through him. Shot over after 16 and volleyed over two minutes later. Headed the opener on 27, timing his run perfectly to meet Busquets’ cross for his 30th league goal of the season. It’s the ninth time he’s scored 30 or more league goals in a season. AFP
    Lionel Messi 9 - Potentially his last ever game at Camp Nou. Almost all Barça’s attacking play went through him. Shot over after 16 and volleyed over two minutes later. Headed the opener on 27, timing his run perfectly to meet Busquets’ cross for his 30th league goal of the season. It’s the ninth time he’s scored 30 or more league goals in a season. AFP
  • SUB: Riqui Puig 7 - On for Pedri. Decision to see Puig play delighted Barça fans who see him as a future talent. His slender frame was quickly hacked down, but he was brave in always wanting the ball. Booked. Barely gave the ball away. Reuters
    SUB: Riqui Puig 7 - On for Pedri. Decision to see Puig play delighted Barça fans who see him as a future talent. His slender frame was quickly hacked down, but he was brave in always wanting the ball. Booked. Barely gave the ball away. Reuters
  • SUB: Sergino Dest 6 - On for Pique after 63. The team changed shape when he came on, shifting to a back four. He gave width and pushed forward in vain. Yet his side would concede rather than add a goal and the defeat, combined with wins for both Madrid sides, means Barça’s title hopes are over for this season. AFP
    SUB: Sergino Dest 6 - On for Pique after 63. The team changed shape when he came on, shifting to a back four. He gave width and pushed forward in vain. Yet his side would concede rather than add a goal and the defeat, combined with wins for both Madrid sides, means Barça’s title hopes are over for this season. AFP
  • SUB: Martin Braithwaite 5 - On for Griezmann after 69. Was brought on to score. His best chance came on 87 minutes when set up by Alba. He was close to goal but struggled to control it. AFP
    SUB: Martin Braithwaite 5 - On for Griezmann after 69. Was brought on to score. His best chance came on 87 minutes when set up by Alba. He was close to goal but struggled to control it. AFP
  • SUB: Trincao On for Dembele after 69. Limited impact. Reuters
    SUB: Trincao On for Dembele after 69. Limited impact. Reuters
  • Miralem Pjanic - On for Illaix after 85 minutes. EPA
    Miralem Pjanic - On for Illaix after 85 minutes. EPA

Meanwhile, Lionel Messi will miss Barcelona's final La Liga game of the season against Eibar on Saturday in order to "enjoy a rest" before the Copa America.

The Argentine, who is still in contract negotiations with Barcelona, was given permission to miss training on Friday by Koeman and, with the club now out of the title race, will not play on Saturday.

Messi, 33, has already played 47 matches this season for Barca, scoring 38 goals, but his future at the club remains in doubt as he has been linked with a move to Manchester City where he could join up with former managerPep Guardiola.

"The striker can enjoy a rest before next month's Copa America after a season in which he is one of the players in the squad who has played most," Barcelona said in a statement.

The biog

Year of birth: 1988

Place of birth: Baghdad

Education: PhD student and co-researcher at Greifswald University, Germany

Hobbies: Ping Pong, swimming, reading

 

 

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.”

The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

UAE currency: the story behind the money in your pockets
the pledge

I pledge to uphold the duty of tolerance

I pledge to take a first stand against hate and injustice

I pledge to respect and accept people whose abilities, beliefs and culture are different from my own

I pledge to wish for others what I wish for myself

I pledge to live in harmony with my community

I pledge to always be open to dialogue and forgiveness

I pledge to do my part to create peace for all

I pledge to exercise benevolence and choose kindness in all my dealings with my community

I pledge to always stand up for these values: Zayed's values for tolerance and human fraternity

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M3%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%2FUSB-4%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206E%2C%20Bluetooth%205.3%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Midnight%2C%20silver%2C%20space%20grey%2C%20starlight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%2F35W%20dual-port%2F70w%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%2C%202%20Apple%20stickers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C599%3C%2Fp%3E%0A
Company profile

Date started: Founded in May 2017 and operational since April 2018

Founders: co-founder and chief executive, Doaa Aref; Dr Rasha Rady, co-founder and chief operating officer.

Based: Cairo, Egypt

Sector: Health-tech

Size: 22 employees

Funding: Seed funding 

Investors: Flat6labs, 500 Falcons, three angel investors

How to avoid crypto fraud
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UAE currency: the story behind the money in your pockets