There are many who argue that the FA Cup, the world's oldest football competition, has lost its magic. It is doubtful whether they are the sort of football follower who would even bother thinking about turning up to a game like this.
If they did, they would discover where the soul of football really comes from. The rawness of it all was so refreshing - and in true FA Cup, David v Goliath tradition.
And it proved the dream is still alive in a cynical, money-led football world as Stevenage, who joined the ranks of English football's 92 professional clubs for the first time this season, knocked Premier League side Newcastle United out of the competition with a 3-1 victory.
Stevenage's lowly status in League Two, the fourth tier of English football and the first fully professional level, means they exist on a different planet to Newcastle and their squad of expensive players.
Everything from the players' modest wages to their cramped little stadium (probably still non-league standard), when compared to Newcastle's substantial resources, emphasised how far away they are from the billion-dollar business that is the Premier League.
But once they walk onto the pitch, it is still 11 men versus 11 men. And in the 139 years that this competition has been in existence, time and again the passion and pride of the underdog pushes superior teams over the edge. It happened again yesterday.
Famously, Newcastle were one of the biggest victims of a giant-killing act, in 1972, when they were beaten by non-league Hereford United and a long-range goal from Ronnie Radford that has been written into FA Cup lore.
And 13 years ago, here at Stevenage, a small satellite town north of London, Newcastle were held to a draw before winning a replay in a pair of feisty encounters back in the day when Kenny Dalglish managed "The Toon Army" and Alan Shearer was their leading light.
The memory of those games still burns brightly in the hearts of Stevenage fans. Several of that team were paraded around the pitch before the game to stoke up the enthusiasm, even expectation. Not least when Guiliano Grazioli, who scored the equaliser in that first game, was introduced.
Despite the fact that Lewis Hamilton, the Formula One driver, and the golfer Ian Poulter come from Stevenage, Grazioli remains the town's favourite sporting son.
That is the power of the FA Cup, when unknown teams and players can become heroes for one day and feted for life.
And how they had been waiting for yesterday's match. As one loyal fan, Andy Coates, said before the game: "Back in 1998 when there was huge interest in the club and for Stevenage, playing big teams like Newcastle was very much a one-off tie. Now we're in the League, it's not quite as big but the ground's sold out and everyone's really excited."
He also recalled the attitude of Newcastle back then and how they did not want to play at Broadhall Way, now rebranded as the Lumex Stadium
Said Coates: "It was like, 'We're not going to play at that ground, it's far too small for our fans, we're far too big a club to play there, we want to switch it.' But we managed to get the game on. And what a game it was. It was one I'll never forget and even when we lost the replay we were so proud."
One of the reasons the FA Cup has lost some of its allure is that because so much money is at stake in the Premier League that some top-flight clubs no longer see it as a priority. Some seem to think it is beneath them playing in a competition that starts in August in the local parks of England.
But Newcastle's new manager, Alan Pardew, refused to demean the encounter or moan about the facilities - or lack of them.
"I started out my career in the non-league so I have the upmost respect for a club like Stevenage," Pardew said. "I lost a final as a player with Crystal Palace in 1990, then as a manager with West Ham five years ago. A good Cup run can be great for the club."
Newcastle were especially eager for success, given that they have not won a major domestic trophy since they last lifted the FA Cup in 1955, when all football was televised in the side's black and white.
So while Pardew shuffled some of his squad it was still a relatively strong Newcastle side.
After a few scares, Stevenage rose to the occasion in true FA Cup style. After half an hour, only a superb save by Tim Krul kept out what would have been a 30-year-wonder strike by Michael Bostwick. A couple of minutes after the break, the 6,664 fans in attendance went berserk when Stevenage took the lead.
The midfielder Stacy Long took a shot from distance and it paid off spectacularly as the fierce drive took a deflection off the defender Mike Williamson and flashed past Krul into the right-hand corner.
A minute later, the keeper Chris Day brilliantly tipped over an immediate response by Kevin Nolan. It was riveting stuff. However, it seemed only a matter of time before Newcastle, with all their quality, would pull it back.
But, incredibly, Stevenage went further ahead in the 54th minute.
Bostwick, who had been denied in the first half, took another pot shot from distance and this time it speared beyond the reach of Krul into the bottom far corner.
The Stevenage stadium literally shook as the fans danced, clapped, stomped their feet and screamed their hearts out.
Newcastle's Cheik Tiote was sent off for a late lunge, merely emphasising their desperation.
Not even late drama could stop Stevenage holding on for their most famous victory. Newcastle's Joey Barton made it 2-1 with a screamer in injury time, and just as the Premier League team looked set for a late onslaught, Peter Winn went to the other end and sealed the win.
Oh, the magic of the FA Cup.
sports@thenational.ae
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Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
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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
Engine: 3.5-litre V6
Transmission: six-speed manual
Power: 325bhp
Torque: 370Nm
Speed: 0-100km/h 3.9 seconds
Price: Dh230,000
On sale: now
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How to report a beggar
Abu Dhabi – Call 999 or 8002626 (Aman Service)
Dubai – Call 800243
Sharjah – Call 065632222
Ras Al Khaimah - Call 072053372
Ajman – Call 067401616
Umm Al Quwain – Call 999
Fujairah - Call 092051100 or 092224411
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
The bio
Date of Birth: April 25, 1993
Place of Birth: Dubai, UAE
Marital Status: Single
School: Al Sufouh in Jumeirah, Dubai
University: Emirates Airline National Cadet Programme and Hamdan University
Job Title: Pilot, First Officer
Number of hours flying in a Boeing 777: 1,200
Number of flights: Approximately 300
Hobbies: Exercising
Nicest destination: Milan, New Zealand, Seattle for shopping
Least nice destination: Kabul, but someone has to do it. It’s not scary but at least you can tick the box that you’ve been
Favourite place to visit: Dubai, there’s no place like home
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Engine: 2.9-litre twin-turbo V6
Power: 540hp at 6,500rpm
Torque: 600Nm at 2,500rpm
Transmission: Eight-speed auto
Kerb weight: 1580kg
Price: From Dh750k
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