Liverpool's Dejan Lovren reacts after missing a penalty shot in his side's shoot-out loss to Besiktas in the Europa League on Thursday night in Istanbul. Sedat Suna / EPA / February 26, 2015
Liverpool's Dejan Lovren reacts after missing a penalty shot in his side's shoot-out loss to Besiktas in the Europa League on Thursday night in Istanbul. Sedat Suna / EPA / February 26, 2015

‘Someone had to miss’: Liverpool make shock Europa League exit on penalties v Besiktas



A bruised Liverpool will narrow their focus to domestic competitions after being slung out of the Europa League at the round of 32 stage by Besiktas in a thrilling penalty shoot out.

Liverpool surrendered a 1-0 lead from the first leg for the game to go to penalties after a goalless extra time, with Besiktas sneaking through 5-4 after Dejan Lovren’s dramatic miss.

“We can just now concentrate on our league campaign, which is now going better, and we have an excellent opportunity in other competitions,” said Liverpool manager Brendan Rodgers after the game.

Liverpool's Premier League campaign has now gathered momentum after a dismal start and in the the FA Cup they face Blackburn Rovers in the sixth round in March.

The side must now also pick itself up for a crunch league clash against Manchester City at the weekend.

“I can only give credit to my players,” said Rodgers.

“Unfortunately for us Istanbul has not been a happy place for us tonight.

“We are disappointed of course to go out in the manner we did.”

With an estimated 70,000 Besiktas fans creating a cauldron-like atmosphere, Liverpool knew they faced a tough task on a balmy February evening at the Ataturk Olympic Stadium.

Besiktas levelled on aggregate in the 72nd minute with a stunning strike from Tolgay Arslan, assisted by a deft back heel from Senegalese striker Demba Ba, sending the match into extra time and then a penalty shoot out.

With penalties level at 4-4 and all the takers holding their nerve, Arslan skillfully slotted in. Lovren stepped up for Liverpool but his effort went high, leaving the player unconsolable and Besiktas fans running onto the pitch in joy.

“Someone had to miss and unfortunately it was him and us,” said Rodgers.

The stadium had special memories for Liverpool fans as the scene of the 2005 Uefa Champions League Final where the team famously pulled back a three goal deficit to defeat AC Milan on penalties.

But Liverpool were this time without talismanic leader Steven Gerrard, who starred on that famous night in Istanbul but is still nursing an injury in his last season for the club.

“We did miss some of our creativity but it’s no excuse,” said Rodgers.

The famously fanatical black-clad fans of Besiktas worked hard to raise the roof, with deafening whistles every time a Liverpool player touched the ball and dozens of flares burning in the Istanbul night sky.

“It’s a great feeling. It’s a great night for our great club, for Besiktas. For Turkish football as well,” said triumphant Besiktas manager Slaven Bilic.

He said Liverpool “did not have the creation” but we “definitely deserve it and we are so proud of our players”.

Helped on by the vociferous support, Besiktas pushed forward in the early stages but were let down by some sloppy touches.

On 19 minutes Raheem Sterling forced an impressively acrobatic save from Cenk Gonen with a long range effort.

In no way overawed by the occasion, Besiktas started the second half strongly with Simon Mignolet blocking a dangerous ricochet shot from Serdar Kurtulus.

Arslan came close when a long range effort zoomed past Mignolet’s left post in the 70th minute with Besiktas now looking much the more aggressive side.

But the midfielder then found the net in the 72nd minute, leaving Mignolet with no chance and sending an electric shock through the already pulsating stadium.

With Liverpool seeming to flag, Ba pushed a good chance high over the bar in the 25th minute of extra time before the game drifted into penalties.

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Rajasthan Royals 153-5 (17.5 ov)
Delhi Daredevils 60-4 (6 ov)

Rajasthan won by 10 runs (D/L method)

Most match wins on clay

Guillermo Vilas - 659

Manuel Orantes - 501

Thomas Muster - 422

Rafael Nadal - 399 *

Jose Higueras - 378

Eddie Dibbs - 370

Ilie Nastase - 338

Carlos Moya - 337

Ivan Lendl - 329

Andres Gomez - 322

Newcastle United 0 Tottenham Hotspur 2
Tottenham (Alli 61'), Davies (70')
Red card Jonjo Shelvey (Newcastle)

FIXTURES (all times UAE)

Sunday
Brescia v Lazio (3.30pm)
SPAL v Verona (6pm)
Genoa v Sassuolo (9pm)
AS Roma v Torino (11.45pm)

Monday
Bologna v Fiorentina (3.30pm)
AC Milan v Sampdoria (6pm)
Juventus v Cagliari (6pm)
Atalanta v Parma (6pm)
Lecce v Udinese (9pm)
Napoli v Inter Milan (11.45pm)

Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

ELECTION%20RESULTS
%3Cp%3EMacron%E2%80%99s%20Ensemble%20group%20won%20245%20seats.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EThe%20second-largest%20group%20in%20parliament%20is%20Nupes%2C%20a%20leftist%20coalition%20led%20by%20Jean-Luc%20Melenchon%2C%20which%20gets%20131%20lawmakers.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EThe%20far-right%20National%20Rally%20fared%20much%20better%20than%20expected%20with%2089%20seats.%3C%2Fp%3E%0A%3Cp%3EThe%20centre-right%20Republicans%20and%20their%20allies%20took%2061.%3C%2Fp%3E%0A
South Africa World Cup squad

South Africa: Faf du Plessis (c), Hashim Amla, Quinton de Kock (w), JP Duminy, Imran Tahir, Aiden Markram, David Miller, Lungi Ngidi, Anrich Nortje, Andile Phehlukwayo, Dwaine Pretorius, Kagiso Rabada, Tabraiz Shamsi, Dale Steyn, Rassie van der Dussen.

BANGLADESH SQUAD

Mashrafe Mortaza (captain), Tamim Iqbal, Liton Das, Soumya Sarkar, Mushfiqur Rahim (wicketkeeper), Mahmudullah, Shakib Al Hasan (vice captain), Mohammad Mithun, Sabbir Rahaman, Mosaddek Hossain, Mohammad Saifuddin, Mehidy Hasan Miraz, Rubel Hossain, Mustafizur Rahman, Abu Jayed (Reporting by Rohith Nair in Bengaluru Editing by Amlan Chakraborty)

MATCH INFO

Champions League quarter-final, first leg

Ajax v Juventus, Wednesday, 11pm (UAE)

Match on BeIN Sports

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.”

A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Western Clubs Champions League:

  • Friday, Sep 8 - Abu Dhabi Harlequins v Bahrain
  • Friday, Sep 15 – Kandy v Abu Dhabi Harlequins
  • Friday, Sep 22 – Kandy v Bahrain
All about the Sevens

Cape Town Sevens on Saturday and Sunday: Pools A – South Africa, Kenya, France, Russia; B – New Zealand, Australia, Spain, United States; C – England, Scotland, Argentina, Uganda; D – Fiji, Samoa, Canada, Wales

HSBC World Sevens Series standing after first leg in Dubai 1 South Africa; 2 New Zealand; 3 England; 4 Fiji; 5 Australia; 6 Samoa; 7 Kenya; 8 Scotland; 9 France; 10 Spain; 11 Argentina; 12 Canada; 13 Wales; 14 Uganda; 15 United States; 16 Russia

Premier League results

Saturday

Crystal Palace 1 Brighton & Hove Albion 2

Cardiff City 2 West Ham United 0

Huddersfield Town 0 Bournemouth 2

Leicester City 3 Fulham 1

Newcastle United 3 Everton 2

Southampton 2 Tottenham Hotspur 1

Manchester City 3 Watford 1

Sunday

Liverpool 4 Burnley 2

Chelsea 1 Wolverhampton Wanderers 1

Arsenal 2 Manchester United 0

 

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
Trippier bio

Date of birth September 19, 1990

Place of birth Bury, United Kingdom

Age 26

Height 1.74 metres

Nationality England

Position Right-back

Foot Right

Golden Shoe top five (as of March 1):

Harry Kane, Tottenham, Premier League, 24 goals, 48 points
Edinson Cavani, PSG, Ligue 1, 24 goals, 48 points
Ciro Immobile, Lazio, Serie A, 23 goals, 46 points
Mohamed Salah, Liverpool, Premier League, 23 goals, 46 points
Lionel Messi, Barcelona, La Liga, 22 goals, 44 points

Dunbar
Edward St Aubyn
Hogarth

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