Southampton says they will go to Premier League officials to discuss Liverpool's overtures to Virgil van Dijk. Christof Koepsel / Getty Images
Southampton says they will go to Premier League officials to discuss Liverpool's overtures to Virgil van Dijk. Christof Koepsel / Getty Images

Transfer talk: Defoe to join Bournemouth; Lukaku moving on; Arsenal sign Kolasinac; Southampton cry foul at Liverpool



DEFOE SET TO JOIN BOURNEMOUTH

Jermain Defoe is set to join Premier League side Bournemouth after undergoing a medical, he told BBC Radio on Tuesday.

The 34-year-old, who scored 15 goals in the Premier League for Sunderland last season but is able to leave for free as he had an escape clause in his contract should they be relegated, said it would be announced officially in July.

“It’s out there, a lot of people obviously knew. I did a medical and said when this is finished and I’ve had a break, come July everyone will know anyway,” he said.

Defoe, who also numbers West Ham United, Tottenham Hotspur (twice) and Portsmouth among his other clubs, had been at Sunderland since 2015 after a spell in Major League Soccer with Toronto FC.

He also spent the 2000/01 season at Bournemouth on loan when they were in the third tier, scoring 18 goals in 29 league appearances.

The veteran England striker said he did not want to announce the move officially out of respect for the Sunderland fans who were still depressed following relegation.

“Two-and-a-bit years at Sunderland, I enjoyed my time there. It’s not nice when you get relegated, and I don’t think it’s fair on the Sunderland fans to come out so soon after they’ve been relegated and say ‘yeah, I’m signing for someone else’,” he said.

“It’s too soon to put it out there. At the right time, I would like to say ‘this is the club I’ll be playing for’.”

LUKAKU SAYS HE IS MOVING ON FROM EVERTON

High-scoring Everton striker Romelu Lukaku said on Tuesday he had decided where he wants to move ahead of the next season and had reached an agreement with another club.

Lukaku, who moved to Everton in 2014 after a season-long loan spell, has been linked with his former club Chelsea as well as Manchester United and Bayern Munich in recent weeks by the British media.

“My agent knows what’s going to happen and I know as well. I’m staying calm and we have an agreement with the club as well. We stay calm and at least we have a direction where we want to go,” the Belgium international, 24, told Sky Sports.

“I’m just going to rest for a few days and then just prepare for next season. I want to put the time in on my holiday to take everything to another level and be better than I was last year.”

Lukaku was Everton’s top scorer last season with 25 goals in 36 Premier League appearances. He helped his team secure a seventh place finish but in March rejected a new contract to extend his stay at Goodison Park.

Lukaku’s agent, Mino Raiola, said last week that Everton would allow him to leave if “certain clubs” met the US$128.94 million (Dh473.5m) price tag placed on him by the Merseyside club.

LIVERPOOL SET TO BREAK RECORD FOR VAN DIJK

Dutch international defender Virgil van Dijk could become the world’s most expensive defender and join Premier League giants Liverpool from rivals Southampton, according to British media reports.

The 25-year-old – who joined Southampton in 2015 after impressing at Scottish champions Celtic – would cost around £60 million (Dh284.4m), according to reports.

BBC Radio Solent and other media outlets reported later on Tuesday that Southampton were unhappy and had asked the league to probe whether there had been an illegal approach by Liverpool.

Van Dijk would be Liverpool’s most expensive signing – striker Andy Carroll having cost £35 million in moving from Newcastle United in 2011.

Celtic would be in line for 10 percent of the fee having included a sell-on clause in his transfer to Saints.

David Luiz is presently the most expensive defender in the world having been sold to Paris Saint-Germain by Chelsea for £50 million in 2014.

According to The Sun, Liverpool manager Jurgen Klopp has convinced the Liverpool owners Van Dijk is deserving of earning a weekly wage of almost £200,000, which will make him their highest-paid player.

Van Dijk – who also caught the eye of both Manchester City and champions Chelsea – is keen on a move to Liverpool not only for Uefa Champions League football but to join compatriot and close friend Georginio Wijnaldum.

Southampton have become a favoured hunting ground for Liverpool in the past three years having signed five players – including Adam Lallana and Senegalese star Sadio Mane – for a total of almost £100m.

ARSENAL SIGN KOLASINAC

Arsenal made defender Sead Kolasinac the Premier League club’s first off-season signing on Tuesday.

The 23-year-old left back will join on a five-year contract from German club Schalke, where his contract is ending.

“Arsenal has a huge tradition and I followed the club as a young boy, in the days of Jens Lehmann and Thierry Henry,” Kolasinac said.

Arsenal, which said the move has not yet been officially completed, is strengthening the squad after manager Arsene Wenger signed a two-year contract extension.

Arsenal finished fifth in the Premier League and will play in the Europa League rather than the more lucrative Champions League next season.

EVERTON’S LUKAKU SAYS DECISION MADE OVER FUTURE

High-scoring Everton striker Romelu Lukaku said on Tuesday he had decided where he wants to move ahead of the next season and had reached an agreement with another club.

Lukaku, who moved to Everton in 2014 after a season-long loan spell, has been linked with his former club Chelsea as well as Manchester United and Bayern Munich in recent weeks by the British media.

“My agent knows what’s going to happen and I know as well. I’m staying calm and we have an agreement with the club as well. We stay calm and at least we have a direction where we want to go,” the 24-year-old Belgium international told Sky Sports.

“I’m just going to rest for a few days and then just prepare for next season. I want to put the time in on my holiday to take everything to another level and be better than I was last year.”

PIOLI TAKES OVER AT FIORENTINA

Former Inter Milan and Lazio manager Stefano Pioli has agreed terms to take over at Fiorentina on a two-year deal, the Serie A club announced on Tuesday.

Pioli was sacked three games before the end of a rollercoaster Serie A campaign with Inter that saw a quality-packed Nerazzurri side go from Uefa Champions League qualification contenders to missing out on European football altogether.

Fiorentina, where Pioli played 156 times between 1989 and 1995, were quick to make the 51-year-old manager an offer following the departure of Portuguese manager Paulo Sousa.

“Fiorentina announces the club has reached agreement with Stefano Pioli, who will take over as first team coach,” a statement by Fiorentina read. “The new coach will sign a two-year deal, with the option of a third.”

Fiorentina finished eighth in Serie A, three points adrift of the Europa League qualification places.

Pioli’s appointment means fans will be hoping for a return to qualifying for Europe.

He led Lazio to a third-place finish in his first season with the club in 2014/15, only to be sacked in April 2016 after a 4-1 derby defeat to Roma.

Pioli took over from sacked Inter Milan manager Frank de Boer on November 8, leading Inter to a 2-2 derby draw with AC Milan in his first game in charge of the Nerazzurri.

But after steering the club to 12 victories in his first 16 games at the helm, Inter’s troubles began in March.

Following a 7-1 San Siro rout of Atalanta, Inter went on an eight-match winless run featuring six defeats and including humiliating reverses to Sampdoria and Crotone that saw them fall out of contention for a place in Europe.

SPALLETTI HAPPY TO LAND AT INTER

Luciano Spalletti said on Tuesday he was happy to be the new manager of Inter Milan as he prepared to fly out to China to finalise a deal with the club’s owners.

Spalletti led Roma to second place in Serie A this season but left last week after deciding not to renew his contract.

Since then, he had been widely expected to take over at Inter Milan, who finished the season under interim coach Stefano Vecchi.

“It’s all done because we’ve shaken hands,” he said. “I’m one of those old-fashioned types who does things with a shake of the hand. I’m happy to be the new coach of Inter.”

Inter have been under Chinese ownership since June last year when electronics retailer Suning Commerce Group Co Ltd bought a nearly 70 per cent share for Dh1.1 billion.

However, they have had a turbulent first year.

Roberto Mancini resigned two weeks before the start of last season and was replaced by De Boer, who himself was dismissed after 85 days. His replacement, Stefano Pioli, was himself fired last month after a seven-match winless run.

There was no official comment from the club on Tuesday.

DORTMUND DECIDE ON BOSZ

Dutchman Peter Bosz has been named as the new coach of Borussia Dortmund, the German giants announced on Tuesday.

“Peter Bosz is the new BVB Head Coach. Contract will last until 2019. Further info in a press conference this afternoon,” a statement from Dortmund read on their English-language Twitter account.

Bosz, 53, arrives from Ajax after leading the Dutch side to the final of the Europa League, where they lost 2-0 to Manchester United last month.

Briefly a player in Germany with Hansa Rostock in the 1990s, he replaces Thomas Tuchel, who was sacked despite Dortmund winning the German Cup – their first major silverware in five years – and finishing third in the Bundesliga in the season just finished.

Switzerland’s Lucien Favre, formerly in charge at Borussia Moenchengladbach, had been linked with a return to the German game with Dortmund but his current side Nice refused to let him go.

UNHAPPY PEPE TO MOVE ON FROM REAL MADRID

Pepe’s title-laden decade as Real Madrid’s bruising enforcer is over.

The 34-year-old Portugal centre-back has been a key figure for Madrid, one of the most intimidating – and on occasion volatile – defenders in Europe. But he said late on Monday that he will not be around next season.

“It’s clear that I won’t continue at Real Madrid,” Pepe told Spanish radio COPE.

Pepe has won with 15 trophies with the club, including three Champions Leagues and three Spanish league titles.

But he has fallen out of favour with manager Zinedine Zidane.

A regular starter for most of his career, injuries and Zidane’s preference for Raphael Varane and Nacho Fernandez meant Pepe made only 18 appearances in 2016/17.

“I took the decision in January, when things weren’t going well. I saw that the club’s treatment of me wasn’t ideal,” Pepe said. “The policy of the club is to not offer players over 33 two-year contracts. So they only offered me one.

“There are ways to negotiate, but that way wasn’t right.”

While Zidane is receiving praise for guiding Madrid to the Champions League-Spanish league double this season, Pepe said he preferred Zidane’s short-lived predecessor, Rafa Benitez.

“I liked Benitez’s sincerity. I identified with him because he is a very direct and honest person,” Pepe said. “What [Zidane] has done with Madrid has been spectacular, but there are things I don’t understand, that I can’t explain. I don’t know why I disappeared from the team.”

Despite losing his important role with Madrid, Pepe proved he was still among the very best defenders on the continent last year when he was Portugal’s most consistent player in its run to the European Championship title in France.

Pepe’s contract with Madrid expires on June 30. He has been linked to Paris Saint-Germain and AC Milan, and said he had at least one suitor “from England”.

Wherever he goes, he will take his reputation with him.

Pepe almost sabotaged his career during a match in 2009 when he repeatedly kicked and stomped on Getafe midfielder Javier Casquero while he was on the ground. Pepe was given a 10-match ban for the rampage.

Pepe managed to control his emotions during his final seasons with Madrid, but the Casquero incident and several other sendings-off will continue to haunt him.

“When I arrived, I defended Real Madrid tooth and nail. It was a difficult position to play. We centre-backs had to cover a lot of ground, and we had to be very physical with the opposing strikers,” he said. “What happened against Getafe marked my career, it defined me in Spain. People were left with that image, and what I did was very ugly.”

Even so, Pepe said he will take the good with the bad when he leaves Madrid.

“I am very proud of my years spent at this club, giving it my heart and soul,” Pepe said. “I finished my time at Real Madrid giving it all I had.”

ZOBNIN FIFTH RUSSIAN PLAYER RULED OUT OF CONFEDERATIONS CUP

MOSCOW // Midfielder Roman Zobnin became the fifth Russian player to be ruled out of the Confederations Cup because of injury on Tuesday.

The Russian Football Union (RFU) said Zobnin damaged cruciate and lateral ligaments in his right knee during Monday’s 3-0 friendly win over Hungary.

The RFU said he was heading to Rome for treatment and “will not take part in the Confederations Cup.”

Zobnin, 23, has started Russia’s past seven games and was a key player in Spartak Moscow’s run to the Russian league title this season.

Russian national team doctor Eduard Bezuglov said Zobnin would be out for at least four months, according to Russian media.

Out of its original 30-man provisional squad, Russia has also lost midfielder Alan Dzagoev, forward Artyom Dzyuba, naturalized Brazilian right back Mario Fernandes and goalkeeper Andrei Lunyov to various injuries.

Russia starts its Confederations Cup campaign in St Petersburg against New Zealand on June 17, followed by group games against Portugal and Mexico.

* Agencies

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COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

Manchester City transfers:

OUTS
Pablo Zabaleta, Bacary Sagna, Gael Clichy, Willy Caballero and Jesus Navas (all released)

INS
Ederson (Benfica) £34.7m, Bernardo Silva (Monaco) £43m

ON THEIR WAY OUT?
Joe Hart, Eliaquim Mangala, Samir Nasri, Wilfried Bony, Fabian Delph, Nolito and Kelechi Iheanacho

ON THEIR WAY IN?
Dani Alves (Juventus), Alexis Sanchez (Arsenal)

The specs: 2018 BMW X2 and X3

Price, as tested: Dh255,150 (X2); Dh383,250 (X3)

Engine: 2.0-litre turbocharged inline four-cylinder (X2); 3.0-litre twin-turbo inline six-cylinder (X3)

Power 192hp @ 5,000rpm (X2); 355hp @ 5,500rpm (X3)

Torque: 280Nm @ 1,350rpm (X2); 500Nm @ 1,520rpm (X3)

Transmission: Seven-speed automatic (X2); Eight-speed automatic (X3)

Fuel consumption, combined: 5.7L / 100km (X2); 8.3L / 100km (X3)

Profile

Company name: Marefa Digital

Based: Dubai Multi Commodities Centre

Number of employees: seven

Sector: e-learning

Funding stage: Pre-seed funding of Dh1.5m in 2017 and an initial seed round of Dh2m in 2019

Investors: Friends and family 

World Test Championship table

1 India 71 per cent

2 New Zealand 70 per cent

3 Australia 69.2 per cent

4 England 64.1 per cent

5 Pakistan 43.3 per cent

6 West Indies 33.3 per cent

7 South Africa 30 per cent

8 Sri Lanka 16.7 per cent

9 Bangladesh 0

POWERWASH SIMULATOR

Developer: FuturLab
Publisher: Square Enix Collective
Console: Nintendo Switch, PlayStation 4 & 5, Xbox Series X/S and PC
Rating: 4/5

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Specs

Price, base: Dhs850,000
Engine: 3.9-litre twin-turbo V8
Transmission: Seven-speed automatic
Power: 591bhp @ 7,500rpm
Torque: 760Nm @ 3,000rpm
Fuel economy, combined: 11.3L / 100km

Kanye West

Ye — the rapper formerly known as Kanye West — has seen his net worth fall to $400 million in recent weeks. That’s a precipitous drop from Bloomberg’s estimates of $6.8 billion at the end of 2021.
Ye’s wealth plunged after business partners, including Adidas, severed ties with him on the back of anti-Semitic remarks earlier this year.
West’s present net worth derives from cash, his music, real estate and a stake in former wife Kim Kardashian’s shapewear firm, Skims.

A QUIET PLACE

Starring: Lupita Nyong'o, Joseph Quinn, Djimon Hounsou

Director: Michael Sarnoski

Rating: 4/5

Four reasons global stock markets are falling right now

There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:

1. Rising US interest rates

The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.

Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”

At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.

2. Stronger dollar

High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.” 

3. Global trade war

Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”

4. Eurozone uncertainty

Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.

Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”

The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

PAKISTAN SQUAD

Pakistan - Sarfraz Ahmed (captain), Azhar Ali, Fakhar Zaman, Imam-ul-Haq, Babar Azam, Shoaib Malik, Mohammad Hafeez, Haris Sohail, Faheem Ashraf, Shadab Khan, Mohammad Nawaz, Mohammad Amir, Hasan Ali, Aamer Yamin, Rumman Raees.

Sri Lanka-India Test series schedule
  • 1st Test India won by 304 runs at Galle
  • 2nd Test India won by innings and 53 runs at Colombo
  • 3rd Test August 12-16 at Pallekele
ROUTE TO TITLE

Round 1: Beat Leolia Jeanjean 6-1, 6-2
Round 2: Beat Naomi Osaka 7-6, 1-6, 7-5
Round 3: Beat Marie Bouzkova 6-4, 6-2
Round 4: Beat Anastasia Potapova 6-0, 6-0
Quarter-final: Beat Marketa Vondrousova 6-0, 6-2
Semi-final: Beat Coco Gauff 6-2, 6-4
Final: Beat Jasmine Paolini 6-2, 6-2

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.


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