Diego Simeone has used Atletico Madrid supporters to his player’ advantage.
Diego Simeone has used Atletico Madrid supporters to his player’ advantage.
Diego Simeone has used Atletico Madrid supporters to his player’ advantage.
Diego Simeone has used Atletico Madrid supporters to his player’ advantage.

Neutrals’ favourites Atletico Madrid start as underdogs against Chelsea


Andy Mitten
  • English
  • Arabic

Diego Simeone, wearing his trademark black suit, shirt and tie, vigorously urged the 53,000 crowd to get behind his team. After 70 minutes of Saturday’s game at home to promoted Elche, the score stubbornly remained 0-0 and the tension in the sell-out crowd was palpable.

Simeone did not want it to transmit to and debilitate his players, so he repeatedly left his bench and faced the crowd, whipping them up.

Atleti would go six points clear at the top if they won. After seven league victories in succession, the title was in their own hands, a situation so improbable at the start of the season that even the most optimistic Atleti player did not believe that they could break Spain’s big two.

While they are yet to win a trophy, they are very close.

Atletico moved even closer when defender Miranda scored in the 72nd minute. The primal screams that followed in the Calderon were part elation, part relief, just as they had been when they took the lead against Barcelona two weeks ago, a lead they held.

Diego Costa added a second goal on Saturday, his 27th league strike with four games remaining. Chasing a first Spanish Primera Liga title since 1996, Atletico are four points clear of a Barca team they will meet on the final day and six clear of their neighbours Real Madrid, who have one game in hand.

Under Simeone’s guidance, Atletico Madrid have been the surprise team of European football, a selling club who have defeated richer foes. It is no surprise that they have become the neutrals’ favourite.

From the start, Simeone’s mantra has been to take each game at a time and it is working. His players adore him, work for him and repeat his ethos to the media. They believe in it and – despite their brilliance, which saw them go toe-to-toe and draw twice with Barca at the start of the season in the Spanish Super Cup – they have never got carried away.

They face Chelsea at home on Tuesday night in their first European Cup semi-final since 1974, which they won before losing to Bayern Munich in the final in a replay.

Atletico hammered the Londoners 4-1 in the 2012 European Super Cup, yet they start as slight underdogs, over two legs, against the 2012 Champions League winners.

Chelsea are a team who have been linked with several of their players, a team, which, when they loaned Atletico outstanding goalkeeper Thibaut Courtois, did not think they were sending him to a rival.

Chelsea are not the only club to have seriously underestimated Simeone’s side this season.

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Children who witnessed blood bath want to help others

Aged just 11, Khulood Al Najjar’s daughter, Nora, bravely attempted to fight off Philip Spence. Her finger was injured when she put her hand in between the claw hammer and her mother’s head.

As a vital witness, she was forced to relive the ordeal by police who needed to identify the attacker and ensure he was found guilty.

Now aged 16, Nora has decided she wants to dedicate her career to helping other victims of crime.

“It was very horrible for her. She saw her mum, dying, just next to her eyes. But now she just wants to go forward,” said Khulood, speaking about how her eldest daughter was dealing with the trauma of the incident five years ago. “She is saying, 'mama, I want to be a lawyer, I want to help people achieve justice'.”

Khulood’s youngest daughter, Fatima, was seven at the time of the attack and attempted to help paramedics responding to the incident.

“Now she wants to be a maxillofacial doctor,” Khulood said. “She said to me ‘it is because a maxillofacial doctor returned your face, mama’. Now she wants to help people see themselves in the mirror again.”

Khulood’s son, Saeed, was nine in 2014 and slept through the attack. While he did not witness the trauma, this made it more difficult for him to understand what had happened. He has ambitions to become an engineer.

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LIVING IN...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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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