United have been strongly linked this summer with Juventus’ Arturo Vidal, the 27-year-old who featured for Chile at the World Cup. Carlos Parra / AFP
United have been strongly linked this summer with Juventus’ Arturo Vidal, the 27-year-old who featured for Chile at the World Cup. Carlos Parra / AFP
United have been strongly linked this summer with Juventus’ Arturo Vidal, the 27-year-old who featured for Chile at the World Cup. Carlos Parra / AFP
United have been strongly linked this summer with Juventus’ Arturo Vidal, the 27-year-old who featured for Chile at the World Cup. Carlos Parra / AFP

Transfer talk: Louis van Gaal weary over signing Arturo Vidal


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Manchester United manager Louis van Gaal has doubts about signing Arturo Vidal due to concerns over the midfielder’s knee, Chile boss Jorge Sampaoli has claimed.

United have been strongly linked this summer with Juventus’ Vidal, the 27-year-old who featured for Chile at the World Cup.

Quoted by El Mercurio, a newspaper in Vidal’s homeland, Sampaoli made reference to a potential 80 million US dollars (around £47million) deal between Juve and United being jeopardised by the knee issue.

Vidal underwent surgery on his right knee in May before returning to help his country reach the last 16 in Brazil.

Sampaoli was quoted as saying: “The problem in Vidal’s transfer from Juventus to Manchester United for 80 million dollars is the doubt that Van Gaal has with respect to the improvement of Arturo’s knee.”

Liverpool

Liverpool has completed the signing of Atletico Madrid defender Javier Manquillo on loan with a view to a permanent deal.

The Anfield club announced the deal on Wednesday and Manquillo becomes manager Brendan Rodgers’ seventh summer signing.

Manquillo says “I’m very happy to have signed for a club like Liverpool. I think it’s one of the biggest in Europe. Any footballer would want to come and play here,” speaking to the club’s official website.

“When they tell you Liverpool want to sign you, I think like any player, you are going to be absolutely amazed and you don’t think of anything else than going straight there,” added Manquillo.

The 20-year-old has started his career with Real Madrid before joining the city rivals Atletico in 2007. He has also represented the Spanish national side at various youth levels.

Liverpool has been busy in the transfer market, having completed deals for Southampton trio Adam Lallana, Rickie Lambert and Dejan Lovren, as well as Emre Can, Lazar Markovic and Divock Origi.

Bayern Munich

Spanish international goalkeeper Pepe Reina is set to sign for German champions Bayern Munich from English Premier League runners-up Liverpool, the buying club announced via Twitter on Tuesday.

The 31-year-old – who spent last season on loan with Serie A outfit Napoli – is ready to join Bayern according to the club’s president Karl-Heinz Rummenigge, who added he was just the type of goalkeeper they were looking for.

Reina, who would be second choice behind German World Cup winning goalkeeper Manuel Neuer, is due to travel to Munich in the next few days to undergo a medical and sign his contract, according to Rummenigge.

Hamburg

International striker Nicolai Mueller has left Mainz to join Hamburg on a four-year contract worth an estimated 4.5 million euros.

The 26-year-old, capped twice by Germany, had been with Mainz since 2011, scoring nine goals last season.

Mueller becomes Hamburg’s fourth close-season recruit after Swiss midfielder Valon Behrami (Napoli), Hungarian Zoltan Stieber (Greuther Fuerth), and German striker Pierre-Michel Lasogga, on loan last season from Hertha Berlin.

Queens Park Rangers

Juventus defender Mauricio Isla has completed terms on a season-long loan deal with QPR, with the London club awaiting work-permit confirmation.

The 26-year-old Chilean should see his QPR move confirmed once the club receive official endorsement on the transfer from the Football Association.

Manager Harry Redknapp has secured Isla’s services on a one-year loan with a view to a permanent transfer, Press Association Sport understands.

The 47-cap Chile defender has completed his medical at Loftus Road and tweeted news of his move on Tuesday morning, before later removing the post.

Redknapp’s fourth summer signing should be officially ratified just a day after QPR paid a fee believed to reach £6million to prise Jordon Mutch away from Cardiff City.

In another QPR signing, English attacking midfielder Jordon Mutch has joined the club on a four-year contract from Cardiff City, which was announced on Tuesday.

QPR paid an undisclosed fee reported to be in the region of £6 million ($10.1 million, 7.6 million euros) to secure the 22-year-old’s services.

“Jordon’s a fine young player, with a big, big future,” said Redknapp.

“He’s already shown what he can do at this level with Cardiff last season with a decent goals return, and this move will provide him with a great platform to take his game on to the next level.”

Mutch scored seven goals and supplied five assists for Cardiff last season, but could not prevent the Welsh club from slipping into the Championship.

“I’m really delighted to be here, back in the Premier League,” Mutch said.

“I don’t see a better place for me than QPR at the moment. The club is heading in the right direction and I’m really excited about the season ahead.”

Saint-Etienne

Dutch striker Ricky Van Wolfswinkel has joined Saint-Etienne on loan from English Championship side Norwich City, the French club announced Tuesday.

Van Wolfswinkel, 25, endured a difficult first season at Carrow Road after becoming Norwich’s record signing following an £8.5 million ($13.3 million, 10 million euro) move from Sporting Lisbon a year ago.

He scored just once in 27 appearances as the Canaries were relegated to the second tier after a three-year stint in the Premier League.

However, Saint-Etienne boss Christophe Galtier hopes a change of scenery can help Van Wolfswinkel rediscover the form that saw him net 45 goals in two seasons with Sporting.

“Ricky was someone we had followed and identified but we didn’t think we would have the chance to get him on loan. He’s a player Saint-Etienne cannot afford to buy,” said Galtier, although the agreement does include an option to make the switch permanent.

Nice

Senegal international Souleymane Diawara, out of contract after five years with Marseille, on Tuesday signed to play for Ligue 1 rivals Nice.

The 35-year-old defender has won two French titles, with Bordeaux in 2009 and Marseille the following year.

He is the south coast club’s third recruit of the close season, after Swedish midfielder Niklas Hult and Belgium’s Julien Vercauteren.

Diawara, who started out his career at Le Havre, had a spell in England with Charlton Athletic in 2006. He has turned out 48 times for his country.

Lens

Lens’ preparations for their return to Ligue 1 have been hit by a ban on signing new players.

The northern club finally had their promotion to the top-flight rubber-stamped on appeal after it was initially prevented - despite them finishing second in Ligue 2 last season - for failing to provide sufficient financial guarantees.

However, the decision has come with stringent financial sanctions from the National Directorate of Management Control (DNCG).

Lens confirmed on their official website that they are prohibited from adding to their squad until owner Hafiz Mammadov fulfils his commitment to inject funds into the club.

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Cryopreservation: A timeline
  1. Keyhole surgery under general anaesthetic
  2. Ovarian tissue surgically removed
  3. Tissue processed in a high-tech facility
  4. Tissue re-implanted at a time of the patient’s choosing
  5. Full hormone production regained within 4-6 months

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.”

The biog

Name: Salem Alkarbi

Age: 32

Favourite Al Wasl player: Alexandre Oliveira

First started supporting Al Wasl: 7

Biggest rival: Al Nasr

Global state-owned investor ranking by size

1.

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China

3.

UAE

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Japan

5

Norway

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Canada

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Singapore

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PROFILE OF STARZPLAY

Date started: 2014

Founders: Maaz Sheikh, Danny Bates

Based: Dubai, UAE

Sector: Entertainment/Streaming Video On Demand

Number of employees: 125

Investors/Investment amount: $125 million. Major investors include Starz/Lionsgate, State Street, SEQ and Delta Partners

Company%20Profile
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Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars

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Paltan

Producer: JP Films, Zee Studios
Director: JP Dutta
Cast: Jackie Shroff, Sonu Sood, Arjun Rampal, Siddhanth Kapoor, Luv Sinha and Harshvardhan Rane
Rating: 2/5