Arsenal fans of a certain vintage have some happy memories of the 1992/93 campaign.
Their team struggled to score and were resoundingly mediocre in the Premier League but they won both domestic cup competitions.
By the standards of the time - indeed, by the standards of most points in the past - it was a successful season.
Fast forward to the present day and Liverpool may imitate them.
For Kenny Dalglish, ending a six-year wait for silverware with one trophy counts as success; given Liverpool's progress in the FA Cup, it could yet become two.
Yet a man with a glorious part in footballing history appears anachronistic in his view. Dalglish's definition is increasingly at odds with those of others - indeed, perhaps, with the owners of the club - given Liverpool's main goal for the season was to finish in the top four.
Two weeks ago, the Scot argued that there were many measures of improvement. He was mocked for including a lucrative kit deal, which he did not negotiate, in his argument, and if he is right to rationalise that results are not the only gauge, the FA and Carling cups are the sideshow.
The table, in the words of the cliche, never lies and the league is the ultimate barometer of progress - or in Liverpool's case, a lack of it.
They have fewer points than at this stage of the last two seasons, traumatic campaigns of underfunding and infighting.
In a week of back-to-back defeats to teams in the relegation zone, their league campaign has gone from underwhelming to utterly unacceptable.
On points, they are far nearer the foot of the table than the top. They have scored half as many goals as the Manchester teams. They have only won five of 15 league games at Anfield, the fewest since this point of the 1953/54 season, which culminated in relegation.
Compile a league table for 2012 and Liverpool are in the bottom three, with eight points from 11 games. They have lost five of the last six, winning only against a weakened Everton side.
If that is a blur of statistics to some, to others it is incontrovertible evidence.
Dalglish's talk of tiredness and his mantra that his side have suffered from misfortune convince some.
Yet it is worth remembering that Liverpool's principal owner, John W Henry, is a man who made his money as a trading adviser by separating emotion and instinct from decisions and analysing the numbers.
It is an approach that he took successfully into baseball. Henry is an advocate of sabermetrics, the principle behind the book Moneyball - indeed, he is a minor character in the film - and yet Liverpool are the most inefficient team in the Premier League.
In Saturday's 2-1 defeat to Wigan Athletic, they lost to the other side with the lowest chance conversion rate. They stand three points ahead of Swansea City, whose entire squad cost around half the £20 million (Dh116m) Liverpool paid for Stewart Downing, a winger without a league goal for the club. Some £115m went on buying players in 2010, and even if £78m of it was recouped, much of it was misspent.
Unlike Tom Hicks and George Gillett, Henry and Tom Werner, the chairman, have backed their manager in the transfer market.
There are legitimate questions for Dalglish to answer: why Andy Carroll, the club's record signing, does not command his confidence enough to start more often; why Downing delivers so little and plays so often; what Jordan Henderson actually does. None seem to have the personality required to play for Liverpool. Much as Dalglish emphasises the team in his comments, his side remain reliant on individuals, whether Luis Suarez, Craig Bellamy or Steven Gerrard, for attacking inspiration.
On Saturday, the manager, whose recent comments have hardly increased his credibility, suggested Liverpool may need to change their philosophy "by not playing the lovely football we have been". Beauty is famously in the eye of the beholder, but each of the top four sides are far more watchable and more prolific.
Yet Dalglish has long been able to carry his devotees with him in any argument.
His legendary status at Anfield accords him advantages others do not enjoy and offers insulation when his side underperform. He benefits, in short, from being Kenny Dalglish.
That has put Henry and Werner in a bind. They could not appoint anyone else and cannot dismiss Dalglish until and unless the diehards desert their idol and give their tacit approval to his removal. It is why Dalglish's fate will be determined by feelings, not figures.
The owners are too astute to risk a mutiny on the Kop. Yet it is a safe assumption that, while Liverpool may emulate Arsenal's class of 1993, Henry finds more to admire in the modern-day Gunners. Sixteen points ahead of Liverpool, on course for a 15th successive season in the Champions League and having reached its knockout stages, they are in the black in the transfer market and have had the more profitable year.
Dalglish's is a sepia-tinted interpretation of success. By 21st-century criteria, it is underachievement.
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The biog
Favourite books: 'Ruth Bader Ginsburg: A Life' by Jane D. Mathews and ‘The Moment of Lift’ by Melinda Gates
Favourite travel destination: Greece, a blend of ancient history and captivating nature. It always has given me a sense of joy, endless possibilities, positive energy and wonderful people that make you feel at home.
Favourite pastime: travelling and experiencing different cultures across the globe.
Favourite quote: “In the future, there will be no female leaders. There will just be leaders” - Sheryl Sandberg, COO of Facebook.
Favourite Movie: Mona Lisa Smile
Favourite Author: Kahlil Gibran
Favourite Artist: Meryl Streep
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More from Neighbourhood Watch:
Closing the loophole on sugary drinks
As The National reported last year, non-fizzy sugared drinks were not covered when the original tax was introduced in 2017. Sports drinks sold in supermarkets were found to contain, on average, 20 grams of sugar per 500ml bottle.
The non-fizzy drink AriZona Iced Tea contains 65 grams of sugar – about 16 teaspoons – per 680ml can. The average can costs about Dh6, which would rise to Dh9.
Drinks such as Starbucks Bottled Mocha Frappuccino contain 31g of sugar in 270ml, while Nescafe Mocha in a can contains 15.6g of sugar in a 240ml can.
Flavoured water, long-life fruit juice concentrates, pre-packaged sweetened coffee drinks fall under the ‘sweetened drink’ category
Not taxed:
Freshly squeezed fruit juices, ground coffee beans, tea leaves and pre-prepared flavoured milkshakes do not come under the ‘sweetened drink’ band.
The specs: 2017 Porsche 718 Cayman
Price, base / as tested Dh222,500 / Dh296,870
Engine 2.0L, flat four-cylinder
Transmission Seven-speed PDK
Power 300hp @ 6,500rpm
Torque 380hp @ 1,950rpm
Fuel economy, combined 6.9L / 100km
Directed by: Craig Gillespie
Starring: Emma Stone, Emma Thompson, Joel Fry
4/5
The specs
Engine: 3.8-litre twin-turbo flat-six
Power: 650hp at 6,750rpm
Torque: 800Nm from 2,500-4,000rpm
Transmission: 8-speed dual-clutch auto
Fuel consumption: 11.12L/100km
Price: From Dh796,600
On sale: now
COMPANY%20PROFILE
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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.”
Jiu-jitsu calendar of events for 2017-2018:
August 5:
Round-1 of the President’s Cup in Al Ain.
August 11-13:
Asian Championship in Vietnam.
September 8-9:
Ajman International.
September 16-17
Asian Indoor and Martial Arts Games, Ashgabat.
September 22-24:
IJJF Balkan Junior Open, Montenegro.
September 23-24:
Grand Slam Los Angeles.
September 29:
Round-1 Mother of The Nation Cup.
October 13-14:
Al Ain U18 International.
September 20-21:
Al Ain International.
November 3:
Round-2 Mother of The National Cup.
November 4:
Round-2 President’s Cup.
November 10-12:
Grand Slam Rio de Janeiro.
November 24-26:
World Championship, Columbia.
November 30:
World Beach Championship, Columbia.
December 8-9:
Dubai International.
December 23:
Round-3 President’s Cup, Sharjah.
January 12-13:
Grand Slam Abu Dhabi.
January 26-27:
Fujairah International.
February 3:
Round-4 President’s Cup, Al Dhafra.
February 16-17:
Ras Al Khaimah International.
February 23-24:
The Challenge Championship.
March 10-11:
Grand Slam London.
March 16:
Final Round – Mother of The Nation.
March 17:
Final Round – President’s Cup.
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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
- Do not drive outside designated lanes
Illegal%20shipments%20intercepted%20in%20Gulf%20region
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More coverage from the Future Forum
The Bio
Favourite place in UAE: Al Rams pearling village
What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft
Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans
Best time to swim in the sea: When there is enough light to see beneath the surface
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5