Not many players, if any, can have been linked with a dream move to Real Madrid, the nine-times European Cup winners, and been relegated in the same season, but that is the curious scenario facing Adam Johnson, Middlesbrough's dexterous winger, this afternoon.
In December, when Boro's inexorable slide down the Premier League table was gathering momentum, Spanish newspapers reported that the Primera Liga giants had made the England U-21 wide man the most unlikeliest of targets. With his cherubic look and unassuming nature Johnson, 21, does not strike you as an obvious galactico, but his bewitching talent would certainly not look out of place at the Bernabeu.
"I don't know where it came from, I haven't got a clue," said Johnson. "I just picked up the newspaper and read it. I was obviously flattered to be linked to such a great club. Just to be linked was enough for me. I got a lot of stick off the lads, there was plenty of banter flying about. They were calling me a galactico and I was getting shouts of Raul."
Boro's plight, however, is no laughing matter for Johnson or anyone else connected with the Teesside outfit. They face a mountainous task to stave off the grim prospect of demotion to the second tier of English football for the first time in 11 years this afternoon, requiring a first away victory since the beginning of November and then hoping results go their way in the games involving Hull and Newcastle .
"We can still get out of it but it's obviously out of our hands now," said Johnson. "I think the Newcastle game and the one against Villa were the big ones. If we had beaten Villa (a 1-1 draw last week) then the Newcastle result (a 3-1 defeat on May 11) would have been almost forgotten about."
Boro will draw comfort from their last two matches against the Hammers; they had by far the better of a 1-1 FA Cup third-round tie at Upton Park in February and comprehensively beat Gianfranco Zola's side 2-0 in the replay at the Riverside.
"We played them off the park at Upton Park and we should have been three or four up at half-time," recalled Johnson.
It was a during last week's Villa game that winger Stewart Downing broke his right foot, denying Boro of their creative hub this afternoon. It has been the absence of their experienced players that has led to the kind of inconsistency which has seen Boro beat Liverpool yet lose to relegated West Brom.
Johnson added: "We have been performing well lately but haven't got the results, but earlier in the season we weren't performing and didn't deserve anything. We've just been so inconsistent."
Attempting to mastermind the act of escapology is Gareth Southgate, the Boro manager.
"He's very clam about it," said Johnson. "Hopefully we can do it for him. I'm glad the chairman (Steve Gibson) has said his job isn't on the line. It would have been pointless bringing someone else in with a few games left. He has done as good a job as anyone else would have done."
To his huge credit, Southgate has made minimal fuss of operating within financial constraints that have seen him reduce the club's wage bill by £7 million (Dh40.8m) by selling experienced performers like Mark Schwarzer, Jonathan Woodgate, Mark Viduka and Yakubu. The cost-cutting move will cushion the financial blow of potential relegation, but it has left the team cruelly exposed down the spine of the side.
"That might be one of the reasons why we are struggling," reasoned Johnson. "We have missed Viduka and Yak's goals. It's not just the strikers who have not scored, it's all over the team. I know David Wheater thinks he should have scored more. We just haven't been clinical enough in front of goal."
Johnson will surely be hugely disappointed with his return of two goals in 31 appearances this season, both scored in the Carling Cup in the first month of the campaign. A player of his ability is capable of much more. Johnson is left footed and possesses the priceless ability to go past defenders.
Groomed at Boro since the age of 11, he is part of a conveyor belt of talent to emerge from the club's vaunted youth system and was a vital part of the team who won the FA Youth Cup in 2004 after being runners-up the previous season. Jason Steele, the England U-19 keeper, is tipped to be the next one of the production line.
Southgate is not afraid to give youth its head. In fact, nine of the 16-man squad last Saturday came through the academy.
Johnson has one year left to run on his contract and, although he has turned down the offer of a new deal, he appears to have no qualms about playing in the Championship next season, a division he illuminated while on loan with Watford in 2007, scoring five goals in 12 games.
One thing for sure is that should Boro, as expected, be relegated the mild-mannered Johnson will not be repeating the inappropriate behaviour of Jermain Defoe who slapped in a transfer request almost as soon as the final whistle had sounded on West Ham's relegation fate in 2003.
"If we go down the club will decide who stays and who goes and, if I'm not sold, then I'll stay and play in the Championship, no problem at all," he said.
"But we aren't done yet. Stranger things have happened."
kaffleck@thenational.ae
West Ham v Boro, KO 7pm, Show Movies Comedy
SERIES SCHEDULE
First Test, Galle International Stadium
July 26-30
Second Test, Sinhalese Sports Club Ground
August 3-7
Third Test, Pallekele International Cricket Stadium
August 12-16
First ODI, Rangiri Dambulla International Stadium
August 20
Second ODI, Pallekele International Cricket Stadium
August 24
Third ODI, Pallekele International Cricket Stadium
August 27
Fourth ODI, R Premadasa Stadium
August 31
Fifth ODI, R Premadasa Stadium
September 3
T20, R Premadasa Stadium
September 6
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
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Killing of Qassem Suleimani
List of alleged parties
May 15 2020: PM and Carrie attend 'work meeting' with at
least 17 staff members
May 20 2020: PM and Carrie attend 'bring your own booze'
party
Nov 27 2020: PM gives speech at leaving do for his staff
Dec 10 2020: Staff party held by then-education secretary
Gavin Williamson
Dec 13 2020: PM and Carrie throw a flat party
Dec 14 2020: London mayor candidate Shaun Bailey holds staff party at Conservative
Party headquarters
Dec 15 2020: PM takes part in a staff quiz
Dec 18 2020: Downing Street Christmas party
South Africa squad
Faf du Plessis (captain), Hashim Amla, Temba Bavuma, Quinton de Kock (wicketkeeper), Theunis de Bruyn, AB de Villiers, Dean Elgar, Heinrich Klaasen (wicketkeeper), Keshav Maharaj, Aiden Markram, Morne Morkel, Wiaan Mulder, Lungi Ngidi, Vernon Philander and Kagiso Rabada.
Squads
Australia: Finch (c), Agar, Behrendorff, Carey, Coulter-Nile, Lynn, McDermott, Maxwell, Short, Stanlake, Stoinis, Tye, Zampa
India: Kohli (c), Khaleel, Bumrah, Chahal, Dhawan, Shreyas, Karthik, Kuldeep, Bhuvneshwar, Pandey, Krunal, Pant, Rahul, Sundar, Umesh
Christopher Robin
Starring: Ewan McGregor, Haley Atwell, Jim Cummings, Peter Capaldi
Three stars
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2021 World Triathlon Championship Series
May 15: Yokohama, Japan
June 5: Leeds, UK
June 24: Montreal, Canada
July 10: Hamburg, Germany
Aug 17-22: Edmonton, Canada (World Triathlon Championship Final)
Nov 5-6 : Abu Dhabi, UAE
Date TBC: Chengdu, China
DEADPOOL & WOLVERINE
Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin
Director: Shawn Levy
Rating: 3/5
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.”