Manager David Moyes will host his former club Everton on Wednesday night for the first time since taking over at Manchester United. Jon Super / AP Photo
Manager David Moyes will host his former club Everton on Wednesday night for the first time since taking over at Manchester United. Jon Super / AP Photo
Manager David Moyes will host his former club Everton on Wednesday night for the first time since taking over at Manchester United. Jon Super / AP Photo
Manager David Moyes will host his former club Everton on Wednesday night for the first time since taking over at Manchester United. Jon Super / AP Photo

Reunited and it does not feel so good this time


Richard Jolly
  • English
  • Arabic

David Moyes has left Everton but his influence lingers on. The phrase a manager usually uninterested in soundbites coined on his 2002 unveiling – “the people’s club” – has been adopted as an unofficial club motto.

A side packed with his signings, whether bargains like Steven Pienaar and Seamus Coleman, or emerging talents who have gone on to realise their potential, such as Phil Jagielka and Leighton Baines, remains largely intact.

Six months after he left Goodison Park, they remain the model for overachievement. It is his legacy.

Or part of it, anyway. Because after an unusually amicable parting of the ways, a relationship has turned unexpectedly sour.

As Everton and Moyes prepare to meet for the first time at Old Trafford on Wednesday night, this is not quite the footballing equivalent of friends reunited that had been envisaged.

“I’m pretty convinced, that Evertonians will only look upon David Moyes with gratitude and admiration,” said chairman Bill Kenwright in May, recognising that the chance to manage Manchester United was an opportunity Moyes could not reject.

“If you said how you would leave a club, I don’t know if I could have done it any better. I don’t know if anybody could,” the Scot added yesterday.

After 11 years of unstinting service, after taking them to fourth in 2005 and recording seven consecutive top-eight finishes with a minimal transfer outlay, Moyes owed Everton nothing.

Well paid as he had been, they were in his debt. Now, however, the atmosphere has changed.

Moyes is unsure what reception to expect from the travelling fans.

“It could be mixed,” he said because, within three summer months “gratitude and admiration” had been replaced by “insulting and derisory”.

That was Everton’s verdict on Moyes’ joint bid of £28 million (Dh168.7m) for Baines and Marouane Fellaini.

As Alan Stubbs, a lifelong Evertonian and a stalwart of Moyes’ defence who went on to join his coaching staff, said then: “It wasn’t the right first offer.

“He’s said in the past Everton don’t sell cheap and then comes in with a £28m bid for the best left-back in the country and one of the best midfielders.”

Besides undervaluing the two major assets on the playing staff at Goodison Park, it left Moyes open to accusations of hypocrisy.

He remained unhappy that Manchester City unsettled Joleon Lescott, even if the fee Everton secured in 2009 made the centre-back the third most expensive defender ever by that point.

Then gamekeeper turned poacher. Moyes, a manager with more integrity than many in his profession, seemed to be betraying his past and his values in his treatment of Everton, who spent the summer repelling his bids.

His parting comments about Kenwright – “he has been really good to me and I will try to help them” – were forgotten.

The champion of all things Evertonian seemed to be destabilising the club he built. In prioritising United’s interests, he showed little respect for Everton.

After Fellaini submitted a transfer request in the closing hours of the window, that eventually included signing the Belgian, though not for the £16m they had originally offered, or even the £23.5m price of a release clause that expired at the end of July, but £27.5m.

United’s attempts to claim they had paid £4m less were quickly rebuffed by Everton.

And yet the deadline-day winners were Moyes old club.

While the injured Baines will not feature Wednesday night, it is very possible Fellaini will not either.

Though fit, the fourth-most expensive player in United’s history could be omitted after making a mediocre start to life at Old Trafford. In contrast, Everton used the funds his sale generated brilliantly.

Roberto Martinez, Moyes’ successor, acquired a new midfield axis of James McCarthy and on-loan Gareth Barry. Romelu Lukaku, the third recruit in the final hours of the summer trading, has proved prolific.

Everton acquired an incisive edge and attacking impetus. They arrive at Old Trafford two points and three places above United.

They remain fiendishly hard to beat – going back to Moyes’ days, they have only lost eight of their last 60 league games – but there is a new emphasis on passing. A side that already possessed substance has added style.

And, along the way, United’s early-season stumbles have been welcomed at Goodison Park. Everton’s historic home echoed to a chorus of “Are you watching, David Moyes?” during September’s superlative first half against Newcastle United. News of Southampton’s October equaliser at Old Trafford met with loud cheers.

Typically, the amiable Martinez was unwilling to stoke the controversy.

“I don’t spend much time [thinking] about that,” said the Spaniard. “David Moyes did a fantastic job over 11 years and that is what I want to keep [in mind].”

Indeed, while Moyes praised his successor, he nonetheless hinted the side he bequeathed him could run on autopilot.

“He has very good players there,” said the 50 year old. “I always told them they could play without a manager because they are very well organised. But Roberto is doing a really good job keeping it going.”

It has been a smooth succession and Evertonians have taken Martinez to their hearts.

He appreciates their identity and traditions – the 40-year-old worked his way through a three-DVD history of the club in the summer – and has the ambition to take them to heights Moyes never scaled.

They need not look back in anger, but they might, as Wayne Rooney, who is treated mercilessly by the Everton fans whenever he faces his former club, can testify.

It had seemed Moyes would be the exception to the rule, the ex who was forgiven for moving on.

Days after his appointment as Sir Alex Ferguson’s successor was confirmed, he was afforded a standing ovation on an emotional lap of honour after his final home game as Everton manager. But that feels a long time ago now.

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'Midnights'
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The biog

Name: Shamsa Hassan Safar

Nationality: Emirati

Education: Degree in emergency medical services at Higher Colleges of Technology

Favourite book: Between two hearts- Arabic novels

Favourite music: Mohammed Abdu and modern Arabic songs

Favourite way to spend time off: Family visits and spending time with friends

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.”

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.