Mario Balotteli's struggles have come to symbolise Liverpool's disappointing dealings in the transfer market.
Mario Balotteli's struggles have come to symbolise Liverpool's disappointing dealings in the transfer market.

Misfortune and misjudgement: Liverpool’s striker crisis self-imposed by transfer market failings



They were found side by side, top of the scoring charts in a historic first. For the first time in the Premier League, its two most prolific players were teammates.

Luis Suarez and Daniel Sturridge, with 31 and 21 goals, led the way. Liverpool had the most potent pairing in the division last season.

Now they have the least-prolific forward line in the Premier League. The out-and-out attackers — Sturridge, Rickie Lambert, Fabio Borini and Mario Balotelli — have struck eight times between them.

Every other club’s strikers have delivered at least 11. Liverpool, who recorded a century of goals last season, seem almost deprived of firepower.

Remarkably, Everton’s first-choice back four of Leighton Baines, Phil Jagielka, John Stones and Seamus Coleman have outscored the Liverpool forwards.

Liverpool meet relegation-threatened Queens Park Rangers on Saturday, with a forward, in Charlie Austin, who has delivered more than twice as many goals as their entire strike force. They have gone from brilliant to blunt, destructive to dull, irresistible to all too stoppable.

“We can’t hide away from fact we’ve lost over 50 goals from last season,” manager Brendan Rodgers said. It was both explanation and excuse. The SAS have been separated by Suarez’s sale and Sturridge’s injuries.

While the Englishman has started only seven of 34 league games, Rodgers has a strike quartet who delivered 55 top-flight goals last season: Sturridge’s 21 for Liverpool, Balotelli’s 14 for AC Milan, Lambert’s 13 for Southampton and Borini’s seven for Sunderland.

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Each has played less this season than last, but it amounts to a tale of misfortune and misjudgement — and arguably mismanagement — in the transfer market.

The quartet cost Liverpool more than £40 million (Dh223.8m). Raheem Sterling’s use in attack has limited their opportunities but served as an indictment of all, with even Sturridge omitted at times for the winger.

He is now in the United States for treatment after an injury-hit campaign. The sidelined Balotelli will also miss the QPR match. His recall for the past two games ended a five-month wait for a league start. He has been misfit and outcast, a man Liverpool categorically denied they would buy and marquee signing. His relationship with Liverpool is characterised by mistrust. He is a stylistic mismatch.

The Italian’s stop-start style contrasts with the perpetual pressing Suarez employed, setting the tone for the team with his work ethic. Balotelli does not drag defences deeper in the way Sterling can.

While Rodgers’ inventive management seemed to offer hope his vast potential would be unlocked, he has looked uninterested and been unsuccessful.

For all his eccentricities, he delivered goals reasonably regularly for Manchester City (20 in 54 league games) and AC Milan (26 in 43). His return for Liverpool is one in 16. This ranks as the worst season of his career.

Lambert seemed, briefly, to be Plan B, a substitute who was used well in August to allow Liverpool to adopt a more direct approach in the closing stages. It hinted at a reason for his recruitment — beyond his lifelong support of the club and a comparatively cheap price. Since then, there has been less evidence of planning.

Lambert and Liverpool look a bad fit, the veteran too slow and static, their attacking midfielders having different requirements from their strikers.

Borini possesses more of the attributes, but he has been persona non grata after resisting attempts to make him leave last summer. The Italian was one of Rodgers’ favourites; now he has joined the group who have vanished under his management.

Yet while Rodgers has flourished by improving other players, he has floundered with three forwards, in Balotelli, Borini and Lambert, who delivered more for previous employers.

Two were Rodgers’ choices. Balotelli, imposed from above, definitely was not, which can account for a seeming willingness to make a striker a scapegoat.

Yet as with much at Liverpool, it reflects on many at Anfield, from the players themselves to Rodgers to the owners and

powerbrokers.

The infamous transfer committee tend to demonstrate an inability to secure their major targets. And in a season where Liverpool are failing to achieve their goals, it is largely because of a lack of goals.

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Torque: 475Nm

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Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

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The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

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The biog

DOB: March 13, 1987
Place of birth: Jeddah, Saudi Arabia but lived in Virginia in the US and raised in Lebanon
School: ACS in Lebanon
University: BSA in Graphic Design at the American University of Beirut
MSA in Design Entrepreneurship at the School of Visual Arts in New York City
Nationality: Lebanese
Status: Single
Favourite thing to do: I really enjoy cycling, I was a participant in Cycling for Gaza for the second time this year

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Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Sheer grandeur

The Owo building is 14 storeys high, seven of which are below ground, with the 30,000 square feet of amenities located subterranean, including a 16-seat private cinema, seven lounges, a gym, games room, treatment suites and bicycle storage.

A clear distinction between the residences and the Raffles hotel with the amenities operated separately.

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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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
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Gender pay parity on track in the UAE

The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.

"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."

Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.

"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.

As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general. 

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

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