• Bayern Munich’s Spanish midfielder Xabi Alonso (back), Bayern Munich’s Austrian midfielder David Alaba (L) and Dortmund’s defender Mats Hummels vie for the ball. Patrik Stollarz / AFP
    Bayern Munich’s Spanish midfielder Xabi Alonso (back), Bayern Munich’s Austrian midfielder David Alaba (L) and Dortmund’s defender Mats Hummels vie for the ball. Patrik Stollarz / AFP
  • Leicester City manager Claudio Ranieri acknowledges fans after the game against Chelsea. Tony O’Brien / Action Images
    Leicester City manager Claudio Ranieri acknowledges fans after the game against Chelsea. Tony O’Brien / Action Images
  • Paris Saint-Germain’s Zlatan Ibrahimovic. Sergio Perez / Reuters
    Paris Saint-Germain’s Zlatan Ibrahimovic. Sergio Perez / Reuters

Juventus, Bayern and PSG still imperious; Chelsea, Bayern and Man City bring in master builders


Ian Hawkey
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Ian Hawkey takes a look back across Europe’s top five leagues.

Season of consolidators

As a lesson in consolidation, the 2015/16 season across most of the major leagues of continental Europe might become part of an educational textbook. Juventus, champions of Italy. Again. Bayern Munich, on top of the Bundesliga. Again. Paris Saint-Germain, soaring away, peerless in France’s Ligue 1. No change there.

And then there was a Spanish season going down to the wire, with a club from Madrid aiming to wrest the title from Barcelona, just like in 2014, amid some smug Spanish boasting that the sort of cliffhanger finish that the Primera Liga produced was proof that, for all the heavily one-sided scorelines that pepper its calendar, it still has the highest standards at its summit.

For the second time in three seasons, two Spanish clubs will contest the Uefa Champions League final.

In fact, they are the same pair, Real Madrid and Atletico Madrid, who fought it out in Lisbon for the European Cup final in 2014, a year when Sevilla, just as in May 2015 and May 2016, were in the Europa League final, and yes, when Juventus won their league, Bayern theirs and PSG theirs.

If you want alterations in the hierarchy, you have to be more patient than ever, it seems, at the elite level of European club football, which is partly why such an abundance of interest has focused on the really odd men out, Leicester City, shock champions of the wealthiest domestic league there is, England’s Premier League.

• Ian Hawkey: Bayern Munich’s only blips came when it mattered most to Pep Guardiola’s legacy

Mostly, refreshment or novelty, is rarer than ever. Championships can apparently be ordered à la carte. The danger for a sport that is sustained by public interest and the willingness of its devotees to keep watching and attending and paying, is that defeatism slips into the attitude and planning of the challengers. It is hard not to feel sympathy for Borussia Dortmund right now.

In 2016, they actually made Bayern’s grip in the Bundesliga a little less firm than it was in each of the preceding two seasons, by taking the chase right up to the penultimate match day.

But they never went close enough to leapfrog the defending champions at a stage in the season where it might have hurt, and they suffered a dispiriting 5-1 defeat against Bayern early in the reign of new Dortmund coach, Thomas Tuchel.

Still, until last week Dortmund, who had finished outside the top four in 2014/15, could have felt they had a momentum, might be battling against the behemoths of Bavaria with the same weapons and tools from now on.

Yet Dortmund will not feel that. No sooner had first and second position been filled in Germany than the best German central defender in that league jumped ship.

Mats Hummels will no longer play for the Dortmund where he won two Bundesligas and a silver medal in the European Cup in his eight years there, he will play for Bayern, lining up with three fellow members of the defence that won Germany the last World Cup: Manuel Neuer, Philipp Lahm and Jerome Boateng.

From Dortmund’s perspective Bayern look not just like predators, but parasites. Since 2013, they have lured Mario Gotze, Robert Lewandowski and now Hummels to the Allianz Arena from the Westfalen stadium.

If Hummels is as influential as Lewandowski – top scorer in the German top flight - has been, the champions will look even more like champions. Were he to be as marginal as Gotze has – he played in fewer than half Bayern’s matches this term – he will still be contributing nothing to Dortmund’s prospects.

In France, PSG hardly need to weaken their rivals, given how far back their nearest ones are, but they still raided Monaco, top-three finishers the past three seasons, last summer taking the promising left-back Layvin Kurzawa and making him not first-choice but backup in their richly assembled squad.

Where are Europe’s other Leicesters?

Meanwhile, Juventus's strategies for long-term dominance – they have just won their fifth successive scudetto – are not so vengeful.

But in a Serie A in general decline, at least compared with its standards of a decade or so ago, perhaps they do not need to be. Inter Milan and AC Milan are both quite capable of weakening themselves, Inter having slumped from an autumn where they looked in good, if unentertaining shape to have a crack at the title, and Milan simply inconsistent and mediocre.

Italy at least was a gripping race. Juve started improbably poorly, even with the alibi that they had lost senior men such as Andrea Pirlo, Arturo Vidal and Carlos Tevez last summer.

Richard Jolly: De Gea between the posts; Mahrez pulling the strings; Kane and Vardy up top: PL Team of the Season

Their resurgence was stirring and admirable, but it also obliges the clubs they caught up with and overtook during their comeback from deep mid-table at the end of October to look at their own failings.

Napoli thrilled but fell short, Roma once again whizzed off the starting blocks and then got a stitch.

Italian clubs were absent, too, from the later stages of the continental competitions, part of a longer trend only briefly interrupted by Juve’s silver medal in the Champions League in 2015.

What Italy still does do well is produce good coaches. Claudio Ranieri was the alchemist who made Leicester better than Tottenham Hotspur, Manchester City, Arsenal, Chelsea and Manchester United.

Maurizio Sarri, unsung and relatively unknown, guided Napoli’s excellent two-thirds of a campaign, while Luciano Spalletti returned to Roma and restored pride there.

And where have Bayern turned for further consolidation, to make themselves better in Europe? To Carlo Ancelotti, the eminence grise of Reggio-Emilia.

The managerial master builders

When league titles are concentrated among fewer clubs, another phenomenon emerges: fewer coaches with fresh titles on their CVs.

None of the long uninterrupted runs of successive league wins by Bayern (4), PSG (4), and Juventus (5) have been achieved without a managerial change but those 13 titles have been shared around six men.

It so happens that three of them are taking up new jobs this summer: Ancelotti, who won a Ligue 1 title with PSG in 2013; Antonio Conte, who won three scudetti with Juve between 2012 and 2014 and is joining Chelsea in July after he has guided the Italy national team through Euro 2016; and Pep Guardiola, who joins Manchester City after three seasons with Bayern.

So look out Ranieri. The clubs ambushed by Leicester in the Premier League are turning to correct their status to coaches who know how to consolidate success.

City and Chelsea were the last two winners of the Premier League before Ranieri’s mavericks from the Midlands, and have flexed their financial muscle to pay the steep salaries Guardiola and Conte demand. Liverpool did the same to bring Jurgen Klopp, who won back-to-back Bundesliga titles juts before Bayern embarked on their period as immovable top dogs of Germany.

And that’s just the beginning. Leicester’s coup has unsettled the Premier League hierarchy at just the time when all its clubs are about to benefit from a new broadcast deal that makes their incomes dwarve those of clubs in other leagues. It is safe to presume that Premier League spending on players will break all previous records in the forthcoming transfer window.

• Ian Hawkey: Tough guy Antonio Conte would bring 'a bit of rage' and shake Chelsea out of their blues

Thanks for the memories

Zlatan Ibrahimovic, perhaps John Terry, maybe Francesco Totti, possible Fernando Torres, certainly Luca Toni. Some legends of the European landscape have reached a crossroads in their long careers and may be saying goodbye to elite level football after this season.

The options for those who want to continue, but at a level where the intensity may be lower, the physical demands gentler, have never been more numerous or lucrative, with Chinese clubs paying vast fees and wages, and Major League Soccer providing more space on its rosters and more money for overseas recruits.

Ibrahimovic will be missed in France, where he has towered over Ligue 1 since he took on the role of figurehead for PSG’s rebranding under Qatari ownership.

In four years he has scored more goals for the club than anybody else ever has: more than 150 across competitions. His record as serial collector of league titles is unmatched by any individual or indeed modern club.

In only one season since 2003 has “Ibra” not played for the team that finished top of the league he was employed in. He has never won a Champions League but he is the ultimate consolidator of domestic titles: His four French Ligue 1 crowns go with his titles from Italy, from Spain, and from the Netherlands.

Richard Jolly: John Terry, a most admired and despised figure, faces sadly fitting end to Chelsea career

Ibrahimovic turns 35 in October. A month before that, Totti will turn 40. He has just one league title on an otherwise remarkable career of achievements, and that is because, unlike the itinerant Ibrahimovic, he has stuck with one club all his life ... so far.

But a tricky last few months with Roma raised the possibility of Totti seeing out his playing days somewhere else. He ended the season with a blitz of form in the role of impact substitute that certainly reminded Roma, and other suitors, of his evergreen class.

Italy, the land of the Peter Pan performer, will say goodbye to enduring scorers Toni, and Antonio Di Natale.

Chelsea supporters may wave off Terry, their captain and totem through the most decorated period in their club's history. No thoughts of a soft afterlife, yet, though for the likes of Juventus captain Gigi Buffon, while Torres, whose last six months have been a stirring story of personal renaissance will in two weeks' time do something he dreamed of as a child but rarely imagined might happen: he will play for the club he grew up with, Atletico Madrid, in a European Cup final.

sports@thenational.ae

UAE currency: the story behind the money in your pockets
Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent   

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.”

SCHEDULE

Saturday, April 20: 11am to 7pm - Abu Dhabi World Jiu-Jitsu Festival and Para jiu-jitsu.

Sunday, April 21: 11am to 6pm - Abu Dhabi World Youth (female) Jiu-Jitsu Championship.

Monday, April 22: 11am to 6pm - Abu Dhabi World Youth (male) Jiu-Jitsu Championship.

Tuesday, April 23: 11am-6pm Abu Dhabi World Masters Jiu-Jitsu Championship.

Wednesday, April 24: 11am-6pm Abu Dhabi World Professional Jiu-Jitsu Championship.

Thursday, April 25: 11am-5pm Abu Dhabi World Professional Jiu-Jitsu Championship.

Friday, April 26: 3pm to 6pm Finals of the Abu Dhabi World Professional Jiu-Jitsu Championship.

Saturday, April 27: 4pm and 8pm awards ceremony.

German plea
Ukrainian President Volodymyr Zelenskyy told the German parliament that. Russia had erected a new wall across Europe. 

"It's not a Berlin Wall -- it is a Wall in central Europe between freedom and bondage and this Wall is growing bigger with every bomb" dropped on Ukraine, Zelenskyy told MPs.

Mr Zelenskyy was applauded by MPs in the Bundestag as he addressed Chancellor Olaf Scholz directly.

"Dear Mr Scholz, tear down this Wall," he said, evoking US President Ronald Reagan's 1987 appeal to Soviet leader Mikhail Gorbachev at Berlin's Brandenburg Gate.

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

Hamilton profile

Age 32

Country United Kingdom

Grands Prix entered 198

Pole positions 67

Wins 57

Podiums 110

Points 2,423

World Championships 3

States of Passion by Nihad Sirees,
Pushkin Press

Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

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

Cardiff City 0

Liverpool 2

Wijnaldum 57', Milner 81' (pen)

The design

The protective shell is covered in solar panels to make use of light and produce energy. This will drastically reduce energy loss.

More than 80 per cent of the energy consumed by the French pavilion will be produced by the sun.

The architecture will control light sources to provide a highly insulated and airtight building.

The forecourt is protected from the sun and the plants will refresh the inner spaces.

A micro water treatment plant will recycle used water to supply the irrigation for the plants and to flush the toilets. This will reduce the pavilion’s need for fresh water by 30 per cent.

Energy-saving equipment will be used for all lighting and projections.

Beyond its use for the expo, the pavilion will be easy to dismantle and reuse the material.

Some elements of the metal frame can be prefabricated in a factory.

 From architects to sound technicians and construction companies, a group of experts from 10 companies have created the pavilion.

Work will begin in May; the first stone will be laid in Dubai in the second quarter of 2019. 

Construction of the pavilion will take 17 months from May 2019 to September 2020.

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
Januzaj's club record

Manchester United 50 appearances, 5 goals

Borussia Dortmund (loan) 6 appearances, 0 goals

Sunderland (loan) 25 appearances, 0 goals

Warlight,
Michael Ondaatje, Knopf 

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills