Harry Redknapp is not afraid to take a gamble. At Eastlands, in the penultimate match of last season, Tottenham Hotspur needed only a point against Manchester City to maintain control of the race for the coveted fourth spot. But Redknapp decided not to settle for a draw and outwitted Roberto Mancini, the Italian tactician, with his team selection.
Instead of flooding the midfield, Redknapp dropped Wilson Palacios, the midfield enforcer he spent £12 million (Dh70.4m) on the previous year, played the smooth-passing Tom Huddlestone and paired Jermain Defoe with Peter Crouch in attack. Most Spurs fans had expected Crouch to play as the lone striker. His attacking instincts served him well as Spurs recorded a 1-0 win that secured qualification for the Champions League.
"I took a big gamble and played an attacking team," Redknapp said. "We went for it. People will think I'm mad coming away from home like this - all the top teams only play with one up front now."
Redknapp was at it again yesterday, this time outsmarting Arsene Wenger with a remarkably bold second-half approach that yielded Spurs their first victory in 69 attempts on the home turf of one of the established top four of Manchester United, Chelsea, Liverpool and Arsenal.
At one point in the second half, Spurs had potent attacking weapons Rafael van der Vaart, Defoe, Gareth Bale, Roman Pavlyuchenko and Luka Modric on the field at the same time. In response to going two goals down, Redknapp deemed attack was the best form of defence and went toe-to-toe with Arsenal, who had been irresistible going forward in the first period. The tables turned in the second half following Redknapp's tactical masterstroke.
On the back of Steve Bruce's decision to play two strikers for Sunderland against Chelsea last weekend, Redknapp continued the seismic shift in emphasis - at least by English managers, anyway - from defence to attack, which is why the gap, which was once a chasm, between the previously established top four and the rest is narrowing by the week.
Arsenal had already lost twice at home in the league this season but this one, against their arch-rivals, will have been particularly hard to swallow for their perplexed fans who are still haunted by the way Spurs snatched a 4-4 draw from the jaws of a heavy defeat at the Emirates Stadium in 2008.
The inquest into this defeat could continue for a while. Wenger could point to the absence of Abou Diaby, the leggy midfielder who provides such an effective screen in front of Arsenal's vulnerable defence.
The France midfielder has not played since October 19 because of an ankle injury and, in his absence, Alex Song is not playing with the required discipline in the all-important holding midfield role.
Yesterday, the Cameroon international was often the furthest Arsenal player going forward, leaving the embryonic centre-half partnership of Laurent Koscielny and Sebastien Squillaci horribly exposed. Why Wenger chose to break up the Squillaci-Johan Djourou partnership, which had been at the heart of successive wins over Manchester City, Wolverhampton Wanderers and Everton, only he will know.
The decision to start Denilson ahead of Jack Wilshere, who produced a midfield masterclass in the Carling Cup tie between these two sides earlier in the season, also looked foolhardy. The manager will also rightly be hugely disappointed with the impact of substitutes Theo Walcott and Robin van Persie.
Arsenal should have been out of sight by half time, sitting at the top of the table this morning and with talk of ending their five-year trophy drought ringing in their ears. Instead their inability to go for the jugular and their porous defence is undermining what should have been an ideal chance to end Chelsea and Manchester United's duopoly at the top of the league table this season.
There will be inevitable calls for Wenger to spend in the January transfer window and buy a commanding centre-half and a reliable goalkeeper, but the problems, it would appear, seem to be deeper-rooted than simply re-enforcing his brittle defence.
kaffleck@thenational.ae
The finalists
Player of the Century, 2001-2020: Cristiano Ronaldo (Juventus), Lionel Messi (Barcelona), Mohamed Salah (Liverpool), Ronaldinho
Coach of the Century, 2001-2020: Pep Guardiola (Manchester City), Jose Mourinho (Tottenham Hotspur), Zinedine Zidane (Real Madrid), Sir Alex Ferguson
Club of the Century, 2001-2020: Al Ahly (Egypt), Bayern Munich (Germany), Barcelona (Spain), Real Madrid (Spain)
Player of the Year: Cristiano Ronaldo, Lionel Messi, Robert Lewandowski (Bayern Munich)
Club of the Year: Bayern Munich, Liverpool, Real Madrid
Coach of the Year: Gian Piero Gasperini (Atalanta), Hans-Dieter Flick (Bayern Munich), Jurgen Klopp (Liverpool)
Agent of the Century, 2001-2020: Giovanni Branchini, Jorge Mendes, Mino Raiola
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
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TOUR RESULTS AND FIXTURES
June 3: NZ Provincial Barbarians 7 Lions 13
June 7: Blues 22 Lions 16
June 10: Crusaders 3 Lions 12
June 13: Highlanders 23 Lions 22
June 17: Maori All Blacks 10 Lions 32
June 20: Chiefs 6 Lions 34
June 24: New Zealand 30 Lions 15 (First Test)
June 27: Hurricanes 31 Lions 31
July 1: New Zealand 21 Lions 24 (Second Test)
July 8: New Zealand v Lions (Third Test) - kick-off 11.30am (UAE)
How to play the stock market recovery in 2021?
If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.
Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.
Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.
Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).
Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.
Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.
By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.
As demand for energy fell, the oil and gas industry had a tough year, too.
Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.
He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”
This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”
Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.
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Profile of Tarabut Gateway
Founder: Abdulla Almoayed
Based: UAE
Founded: 2017
Number of employees: 35
Sector: FinTech
Raised: $13 million
Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A
The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5