Premier League notebook: No chance for Muntari at Sunderland, says agent


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Sunderland

Sulley Muntari's agent claims Sunderland will not attempt to sign the midfielder on a permanent basis in the summer for financial reasons. Muntari has been a huge disappointment since joining the club on loan from Inter Milan in the January transfer window. It is unlikely Steve Bruce, the manager, would have pursued the Ghana international anyway given his contribution during Sunderland's alarming slump since Christmas with Muntari showing little of the form which prompted a move to Inter. But Fabien Piveteau, his agent, told the Journal: "There is no chance at Sunderland for Sulley. They have decided he is too expensive."

Bolton Wanderers

Bolton's Spanish defender Marcos Alonso has been charged with reckless homicide after he was involved in a drunk-driving accident in Madrid in which a young woman died, a court heard yesterday. Alonso, 20, crashed his vehicle into a wall in the Spanish capital early on Monday, killing a female passenger and injuring three other passengers. The player, who suffered light injuries, was also charged with violating road safety, reckless injury and driving while under the influence of alcohol. Alonso has made eight appearances for Bolton since joining the club from Real Madrid in July 2010.

West Bromwich Albion

Jonas Olsson insists West Brom are not a dirty team despite collecting more Premier League red cards than other side this season. Paul Scharner, the midfielder, picked up the team's seventh dismissal of the campaign during Saturday's 2-1 win over Aston Villa. Olsson, a defender, said: "It's difficult to analyse that [the seven red cards]. I had an unfortunate red card, Youssouf [Mulumbu] had one or two and Mozza [James Morrison] had one at Liverpool but I don't think you can see a pattern. We don't play dirty football but this season we have been coping with the physical side better than we did in the past."

Birmingham City

Nikola Zigic will undergo a new treatment programme this week in a last-ditch to get the striker fit for the Premier League run-in. Alex McLeish's £6 million (Dh37.2m) capture from Valencia last summer has scored eight goals this season, but he has been troubled by groin and hip problems for the past two months which have restricted his appearances. McLeish said: "It has been a bit of a nightmare with Zigic. The medical team have done what they could but he keeps kind of breaking down and it is too painful for him to continue. Zigic needs to be able to move freely. He needs to be able to jump to get the best from him. We have seen specialists. We feel he is close to playing."

Chelsea

John Terry has revealed his pride at making his 500th appearance for Chelsea against Tottenham Hotspur on Saturday. "Looking back, when I was 18, on 30-odd games, I could never have predicted where I am today. I'm delighted to hit 500. I'm very proud," he said. "I've got a great rapport with the fans and I want many, many more games." The Chelsea captain also looked back at the best and worst moments of his career at the club. "My top moment would have to be the Barcelona game when we beat them here and I scored the winner. The low point is obviously the Champions League final [against Manchester United in 2008], missing the penalty. But throughout my career I've been the most successful captain in Chelsea's history and that means a lot to me and it's something I'll always take with me."

The specs: 2018 Mercedes-Benz S 450

Price, base / as tested Dh525,000 / Dh559,000

Engine: 3.0L V6 biturbo

Transmission: Nine-speed automatic

Power: 369hp at 5,500rpm

Torque: 500Nm at 1,800rpm

Fuel economy, combined: 8.0L / 100km

bundesliga results

Mainz 0 Augsburg 1 (Niederlechner 1')

Schalke 1 (Caligiuri pen 51') Bayer Leverkusen 1 (Miranda og 81')

UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

Disturbing%20facts%20and%20figures
%3Cp%3E%3Cstrong%3E51%25%3C%2Fstrong%3E%20of%20parents%20in%20the%20UAE%20feel%20like%20they%20are%20failing%20within%20the%20first%20year%20of%20parenthood%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E57%25%20vs%2043%25%3C%2Fstrong%3E%20is%20the%20number%20of%20mothers%20versus%20the%20number%20of%20fathers%20who%20feel%20they%E2%80%99re%20failing%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E28%25%3C%2Fstrong%3E%20of%20parents%20believe%20social%20media%20adds%20to%20the%20pressure%20they%20feel%20to%20be%20perfect%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E55%25%3C%2Fstrong%3E%20of%20parents%20cannot%20relate%20to%20parenting%20images%20on%20social%20media%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E67%25%3C%2Fstrong%3E%20of%20parents%20wish%20there%20were%20more%20honest%20representations%20of%20parenting%20on%20social%20media%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E53%25%3C%2Fstrong%3E%20of%20parents%20admit%20they%20put%20on%20a%20brave%20face%20rather%20than%20being%20honest%20due%20to%20fear%20of%20judgment%3C%2Fp%3E%0A%3Cp%3E%3Cspan%20style%3D%22font-size%3A%2014px%3B%22%3ESource%3A%20YouGov%3C%2Fspan%3E%3C%2Fp%3E%0A
Disability on screen

Empire — neuromuscular disease myasthenia gravis; bipolar disorder; post-traumatic stress disorder (PTSD)

Rosewood and Transparent — heart issues

24: Legacy — PTSD;

Superstore and NCIS: New Orleans — wheelchair-bound

Taken and This Is Us — cancer

Trial & Error — cognitive disorder prosopagnosia (facial blindness and dyslexia)

Grey’s Anatomy — prosthetic leg

Scorpion — obsessive compulsive disorder and anxiety

Switched at Birth — deafness

One Mississippi, Wentworth and Transparent — double mastectomy

Dragons — double amputee

BIG SPENDERS

Premier League clubs spent £230 million (Dh1.15 billion) on January transfers, the second-highest total for the mid-season window, the Sports Business Group at Deloitte said in a report.

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.”