Diego Maradona will soon be conducting his work on the training ground at Al Wasl.
Diego Maradona will soon be conducting his work on the training ground at Al Wasl.
Diego Maradona will soon be conducting his work on the training ground at Al Wasl.
Diego Maradona will soon be conducting his work on the training ground at Al Wasl.

Al Wasl refute Maradona pay claims


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  • Arabic

Al Wasl have denied Diego Maradona will become the second highest paid coach in the world when he starts his job as coach of the Pro League club.

Reports in South America and Europe have suggested the value of Maradona's two-year contract with the Dubai club to be worth between US$10million (Dh36,729m) to US$34.5m, which would leave only Jose Mourinho at Real Madrid earning more. Mourinho was paid 10m Euros (Dh51.387m) net from his second season at Inter Milan and is thought to earn at least that at Real, particularly as Cristiano Ronaldo earns 10.5m Euros net.

But the media office at Al Wasl "denies these allegations and confirms that they are false and have no substance or credibility", adding "the value of the contract is worthy of the stature and reputation of the great legend".

"Details of Maradona's contract will be revealed during a press conference that is expected to be held in the presence of the new coach during the month of June," Marwan bin Bayat, the chairman of Al Wasl, said.

* With agency

Museum of the Future in numbers
  •  78 metres is the height of the museum
  •  30,000 square metres is its total area
  •  17,000 square metres is the length of the stainless steel facade
  •  14 kilometres is the length of LED lights used on the facade
  •  1,024 individual pieces make up the exterior 
  •  7 floors in all, with one for administrative offices
  •  2,400 diagonally intersecting steel members frame the torus shape
  •  100 species of trees and plants dot the gardens
  •  Dh145 is the price of a ticket
How has net migration to UK changed?

The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.

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How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

MATCH INFO

CAF Champions League semi-finals first-leg fixtures

Tuesday:

Primeiro Agosto (ANG) v Esperance (TUN) (8pm UAE)
Al Ahly (EGY) v Entente Setif (ALG) (11PM)

Second legs:

October 23