DUBAI // Nawaf Mubarak has agreed a new three-year deal with Al Sharjah after resolving his differences with the club at a meeting on Sunday.
Mubarak's legal representatives had threatened to seek an annulment of his contract with the club over non-payment of dues and other alleged irregularities.
The UAE international's lawyer Walid al Shamsi, however, later apologised to the club and met with Sharjah officials, including the chairman of the interim committee, Mohammed Khamis al Suwaidi, to thrash out all contentious issues.
The player was not at the meeting, but he will formally sign the new deal when the team reunites later this month for their pre-season programme.
"Al Shamsi expressed his regret over the escalation of the issue," said al Suwaidi.
"There was no reason for it as the administration had followed the right path in dealing with the matter since receiving the first letter from the player's agent.
"We discussed all the claims made by the player and his agent, and we arrived at a solution after understanding the opinions of both the parties."
Al Shamsi was also pleased with the settlement and said: "Mubarak is a son of the club and whatever the differences, the son always returns to his father's embrace.
"Through this constructive discussion, we have managed to resolve all the differences."
Al Nasr have started negotiations with the Oman international Imad al Hosni after Al Wahda's failure to sign the 24-year-old striker. Negotiations between Wahda and al Hosni broke down on the financial terms of the contract.
Al Hosni reportedly met with Nasr officials on Thursday evening.
arizvi@thenational.ae
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Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.
That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.
"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.
Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."
People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.
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Mr Kandhari is legally authorised to conduct marriages in the gurdwara
He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada
Father of two sons, grandfather of six
Plays golf once a week
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2019 is a milestone because he completes 50 years in business
