Lionel Messi celebrates after scoring against Atlante during the semi-final of the Club World Cup at Zayed Sports City on Wednesday. His goal came with just his third touch of the ball after coming on as a substitute.
Lionel Messi celebrates after scoring against Atlante during the semi-final of the Club World Cup at Zayed Sports City on Wednesday. His goal came with just his third touch of the ball after coming onShow more

Messi ready to teach Estudiantes



From humble beginnings often emerge extraordinary talents. It is well-documented that Lionel Messi's voyage from Newell's Old boys' youth team to Barcelona's prodigious academy happened after the Catalonian club offered to fund treatment for the diminutive player's growth hormone deficiency. Messi, like so many others, moved to Europe to further his football education. The path is well-trodden. For European teams, there is a seemingly endless supply of talent from South America willing to move abroad with little more than the promise of a chance to show what they can do.

Almost all of them, however, were not quite as good as 14-year-old "Leo". Indeed, only the most special of talents find themselves cherry-picked at such an age. Eight years on, Messi's height may have peaked, but his stature continues to grow. A Club World Cup triumph, the club's first, would be the cherry on top of Barcelona's record-breaking season. The squad have travelled to Abu Dhabi intent to address the one notable absentee amid silverware in the Nou Camp trophy cabinet.

Messi and Co have the chance to fix things against Estudiantes tonight. But the 22-year-old forward, who returned from an ankle injury to score his side's second goal against Concacaf champions Atlante in the competition's semi-final, is not expecting things to be easy. "I was really happy to score against Atlante," says Messi. "I didn't even know I would be playing until the last moment. But I worked hard, came on and scored an important goal.

"It's going to be very special to play against an Argentine team, something I have never done before. We will have to play as we did last season and have continued to do this year. We have to be serious and vigorous. If we play the way we know we can, then hopefully we can win and complete an historic year." Anchoring Messi's opponents will be his international teammate Juan Sebastien Veron. The former Inter Milan, Manchester United and Chelsea midfielder is more than the Students' captain; he is their inspiration. For Messi, the chance to square-off against Veron is additional incentive.

"The fact their team has Veron makes it even more special," he said. "It will be a technical match that everyone on the field will enjoy and both teams will play football to try and win." It is a dream final, one which aligns with the historical traditions of the tournament. Be it the Intercontinental Cup, the World Club Championship or the Club World Cup, Europe versus South America has always been the real deal.

Yet for all Barca's achievements it is Estudiantes who have been here before and done the business. Barcelona have twice tried, and failed, to claim the trophy. Veron's father was part of the Argentine side who defeated Sir Bobby Charlton's Manchester United over two legs in 1968. The question of which team will create history - Veron for the Estudiantes family connection, Barca for a sixth potential title - has dominated the build-up. Messi's mission is to ensure his breaks his compatriots' hearts and carves another chapter in the Spanish champions' history.

Talking before being presented with the Super.ae award for World Player of the Year in Abu Dhabi on Thursday night - Messi received his prize at Abu Dhabi's Shangri-la hotel where the Barca team are staying as his management decided he should appear via video link up rather than going in person to the ceremony at Abu Dhabi TV studios - Messi says: "Winning a sixth trophy would end an impressive and amazing year - it would be historical for us. For me personally, it would make it a complete year because of the personal awards I have also been given.

"I'm filled with happiness at winning the Ballon d'Or, and I would be very proud to win the Fifa award too. But they are not only for me, they are for the team because without them I would win nothing." Barca's stunning form has coincided with Pep Guardiola taking charge at the club. Having spent the majority of his playing career with the team, Guardiola's appointment as coach has proven a masterstroke.

Somewhat of a managerial novice, Guardiola's promotion from Barca's youth team coach to senior team boss was a shock. Frank Rijkaard had won numerous domestic and European honours, but the club were beginning to stagnate. Giving a son of the club, who supported Barca as a boy and played for them as a man, the top job was a way to reconnect. Guardiola was tasked with transferring his genetic passion for the club to the players. More importantly, however, was arresting the squad's occasionally languid performances and getting them back to playing the Barcelona way.

Out went fading Brazilian Ronaldinho. Messi, with added responsibility as Barca's primary attacking threat, inherited his No 10 shirt. It has not fazed the Argentine. In Barca's all-conquering season last year, Messi was a creator and goalscorer. He has 15 goals in 22 games so far this year. Guardiola's methodology clearly works for him. "At the beginning it was a surprise when Guardiola was appointed coach," says Messi. "But from the first day we trusted him because he taught us the good values and skills to play as a team ."

The return to form has been so spectacular that Barca's fiercest rivals, Real Madrid, have been forced to respond. Not content with watching Guardiola's men dominate the spoils, Real spent big during the summer, bringing in Messi's Ballon d'Or predecessors Cristiano Ronaldo and Kaka, as well as French striker Karim Benzema. Guardiola responded by signing Swedish striker Zlatan Ibrahimovic; four of global football's biggest names and rising stars switching to Spain in what was moving in a headline grabbing glamour transfer period for the country's two leading clubs. In fact, top talent from most of Europe's traditional powerhouse clubs were lured to the Primera League as Spain's elite ignored the economic uncertainty and invested heavily.

Messi, however, believes the Spanish division still lags behind England's Premier League. "Obviously the new players that have come to the Primera League have increased the level," he said. "It is evolving, but the English league is perhaps already there - their teams are always in the final of the Champions League and the later stages of every competition." Barca, with Messi pulling the strings, look poised for more finals themselves in 2010. The same cannot be said of Messi's international fortunes.

The two-time World Cup winners, now coached by the legendary Diego Maradona, struggled through qualification. Maradona's team belatedly reached next summer's World Cup in South Africa and were handed a relatively easy group; only Greece, Nigeria and South Korea block their path to the last 16. Messi is certain they will get there. "We know that it was really hard to qualify, but we also know we have a very good team with exceptional players," said Messi. "If we play as a team and work hard, we can do good things in the World Cup."

First on the agenda, however, is securing more honours for Barca - a club Messi has no intention of leaving any time soon. "As I have always said, I love Barcelona and want to stay here," said Messi. That is not say the player's future could not one day lie beyond the Nou Camp walls. "But of course, we live in the present. I am here now and I do not know what will happen in the future, but I love this club and want to stay for years and years."

If the countless trophies and individual triumphs continue coming, Messi will have no reason to leave. emegson@thenational.ae

Company%20Profile
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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
'Gehraiyaan'
Director:Shakun Batra

Stars:Deepika Padukone, Siddhant Chaturvedi, Ananya Panday, Dhairya Karwa

Rating: 4/5

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

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 Kingfisher Secret
Anonymous, Penguin Books

Non-oil%20trade
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The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
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Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

JOKE'S%20ON%20YOU
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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Meydan race card

6.30pm: Maiden Dh 165,000 1,600m
7.05pm: Handicap Dh 185,000 2,000m
7.40pm: Maiden Dh 165,000 1,600m
8.15pm: Handicap Dh 190,000 1,400m
8.50pm: Handicap Dh 175,000 1,600m
9.25pm: Handicap Dh 175,000 1,200m
10pm: Handicap Dh 165,000 1,600m

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

The specs: 2018 Mercedes-Benz E 300 Cabriolet

Price, base / as tested: Dh275,250 / Dh328,465

Engine: 2.0-litre four-cylinder

Power: 245hp @ 5,500rpm

Torque: 370Nm @ 1,300rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.0L / 100km

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Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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UAE currency: the story behind the money in your pockets