'Strongly reprimanded': Chelsea apologise for Kenedy's offensive China posts

Chelsea have issued an apology to Chinese fans following a series of offensive posts uploaded by Brazilian winger Kenedy during the club's pre-season tour.

Kenedy, 21, uploaded at least two posts to his Instagram account, since deleted, with one of them appearing to use an expletive aimed towards the country in his native Portuguese and the other mocking a Chinese security guard as he slept.

Chelsea, who on Saturday beat Arsenal 3-0 at Beijing's Bird Nest Stadium, issued a statement on Sunday in which they apologised for the posts that caused "great offence and hurt the feelings of the people of China" and said the player had been "strongly reprimanded and disciplined".

Kenedy was jeered during the Arsenal match and has since apologised for his comments, and said any offence caused by now-deleted posts was “not intentional”.

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“On 22 July, Chelsea football club experienced the warmth and friendliness of Chinese fans at the National Stadium,” read a Chelsea statement published on their website on Sunday afternoon. “However, we were surprised and disappointed that one day prior to the match, one of our young players, Kenedy, posted messages on his social media account that caused great offence and hurt the feelings of the people of China.

“Unfortunately, even though he quickly deleted the messages and apologised, and the club also apologised via our Chinese social media channels, the damage had already been done. Chelsea football club once again solemnly and sincerely apologises.

“Kenedy’s actions were a mistake that he will learn greatly from. His behaviour does not represent the entire team and does not align with the club’s high expectations and strict requirements of its young players. He has been strongly reprimanded and disciplined.

“Everyone at Chelsea football club has the utmost respect and admiration for China and loves our Chinese fans. It is because of this that the negative impact we have seen over the last two days has left us shocked and saddened. Once again, we sincerely apologise for the hurt caused to our Chinese fans as well as to the Chinese people.

“The match was a great cultural exchange event between China and Britain and the club is extremely grateful to China for its hospitality, which has brought us closer together in friendship. We very much hope to build on our strong relationship with our Chinese fans and friends, joining hands firmly with China in future for further cooperation.

“We offer this apology with utmost sincerity. We have listened carefully to the criticism and will use the lessons learnt over the last two days to improve our processes in future.”

Kenedy, who joined Chelsea from Fluminense in 2015, made three appearances on loan at Watford last season.

Chelsea's pre-season tour of the Far East continues on Tuesday when they face German champions Bayern Munich in Singapore.

Temple numbers

Expected completion: 2022

Height: 24 meters

Ground floor banquet hall: 370 square metres to accommodate about 750 people

Ground floor multipurpose hall: 92 square metres for up to 200 people

First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time

First floor terrace areas: 2,30 square metres

Temple will be spread over 6,900 square metres

Structure includes two basements, ground and first floor

Game Of Thrones Season Seven: A Bluffers Guide

Want to sound on message about the biggest show on television without actually watching it? Best not to get locked into the labyrinthine tales of revenge and royalty: as Isaac Hempstead Wright put it, all you really need to know from now on is that there’s going to be a huge fight between humans and the armies of undead White Walkers.

The season ended with a dragon captured by the Night King blowing apart the huge wall of ice that separates the human world from its less appealing counterpart. Not that some of the humans in Westeros have been particularly appealing, either.

Anyway, the White Walkers are now free to cause any kind of havoc they wish, and as Liam Cunningham told us: “Westeros may be zombie land after the Night King has finished.” If the various human factions don’t put aside their differences in season 8, we could be looking at The Walking Dead: The Medieval Years.

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.”

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MOTHER%20OF%20STRANGERS

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Miss Granny

Director: Joyce Bernal

Starring: Sarah Geronimo, James Reid, Xian Lim, Nova Villa

3/5

(Tagalog with Eng/Ar subtitles)

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.”

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