The hat-trick of hat-tricks



Even in the depths of the bleak midwinter, there is much fun to be had in the south coast holiday resort of Bournemouth. Canadian singer/songwriter Leonard Cohen is coming to town next week, or, if Sisters of Mercy is too dark for your musical taste, then you could take in Kylie Mania at the historic end-of-the-pier theatre; not that the tiny Aussie chanteuse will be appearing in person, I should point out, but in the guise of sound-alike Adele Rankin. Still not tempted? Then how about Icelandic combo Sigur Ros whose music, according to the publicity blurb, '... Lies somewhere between the Scottish highlands and the far side of the moon, a sulphur-reeking wonderland of monstrous waterfalls, spurting geysers and steaming mountainsides...'? Hmmm, but you are proving hard to please. Then may I suggest 'An Evening of Clairvoyance with TV Psychic Colin Fry?' Providing, of course, that it is not cancelled due to unforeseen circumstances. Come Saturday, however, a goodly proportion of the 163,000 townspeople will be in the grip of FA Cup fever when Bournemouth set off on the long and winding road that leads to Wembley with the arrival of Bristol Rovers at the Fitness First stadium.

It was at this first round stage in November 1971 that Ted MacDougall made FA Cup history by scoring a record nine goals in Bournemouth's 11-0 demolition of Margate. 'Super Mac', as he instantly became known, scored 256 league goals (more than Ian Rush) in a career spanning 1967-80 that also included spells with Bill Shankly's Liverpool, Tommy Docherty's Manchester United and Ron Greenwood's West Ham. Now 61 and Director of Coaching with the Atlanta Silverbacks in the United States, MacDougall puts the secret of his uncanny knack of scoring goals with his head, shoulders, knees or toes from every distance and every angle down to sheer greed. "Whenever I scored one, I wanted a second," he explains. "When I scored a second, I wanted a hat-trick. When the eighth went in against Margate, all I could think was 'right, now I want nine.' "I'd scored six against Oxford in the first round the previous season and left the pitch disappointed it hadn't been seven. "That's the way it is with all natural born scorers. Almost forty years ago. Whoosh, time flies. Whenever I tell the kids over here about the day I scored nine goals in the FA Cup ? a tale I relate with monotonous regularity ? I claim I was only eight at the time."

Born in Inverness (oh, yes, he also scored three goals in seven international appearances for Scotland), MacDougall began his playing days at the age of 18 when he joined Liverpool. Alas, with the legendary Ian St John and Roger Hunt sharing the goal-scoring responsibilities - and with Tony Hateley, recently signed from Chelsea, also ahead of him in the pecking order, he made but one first-team appearance as a substitute before pitching up at third division Bournemouth. "I made my debut at Newport and I remember the manager, Freddie Cox, telling me, 'Close your eyes and pretend it's Wembley'." As an avalanche of goals followed and the entire nation began following his exploits, after a rare Saturday blank one Sunday newspaper was moved to proclaim MacDougall Fails To Score! in a banner headline. When Margate came calling in the cup, their manager revealed that he had no special tactics to deal with the phenomenon. "Ted MacDougall? We'll treat him like any other player." Unlike any other player, MacDougall scored five in the first half ? at which point the Margate boss jokingly asked his counterpart in the Bournemouth dugout, John Bond, to substitute their tormentor. "It was a miserably wet day and the ball was zipping off the turf but, that apart, I don't remember all that much about the game," he said. "Scoring goals is part instinct, part being in the right place at the right time and once you come to understand the knack, it just becomes easier and easier.

"There's very, very little space in the 18-yard box and I was lucky in that I was very quick over three to four yards, both in action and in thought." The following day, MacDougall received an invitation from Geoff Hurst asking him to play for a Rest of the World XI against West Ham in his testimonial game at Upton Park. "We assembled at the Hilton Hotel in London's Park Lane ? me in my beat-up second-hand car ? where I looked around the lobby and thought, 'What the hell am I doing here'? There was Bournemouth's Ted MacDougall standing beside Eusebio, Simoes, Uwe Seeler, Jimmy Greaves, Dave Mackay and Jimmy Johnstone ? stars I'd only ever seen on TV. Anyway, I managed to score in front of 40,000 spectators which was something special." After scoring 126 goals in 165 games for Bournemouth, it was off to Manchester United when, having previously rejected transfer bids from Wolves, West Ham, Coventry and Terry Venables' Crystal Palace, John Bond was finally forced to sell 'Super Mac' in October 1972 for the then fabulous fee of £200,000.

"Old Trafford was not the happiest dressing-room back then. The manager Frank O'Farrell was a lovely man but United were an ageing side in decline lying about fourth from the bottom. "Bobby Charlton, George Best and Denis Law were still there from the glory days, as was Sir Matt Busby although he never spoke a word to me in my five months with the club. "I scored on my debut at Old Trafford which was memorable but the rest of my time at Old Trafford is best forgotten. Let's just say there was a lot of bitching and a lot of blaming everyone else." As well as being the only player to have scored nine goals in an FA Cup tie, MacDougall as one other claim to fame; when he began displaying the early symptoms of asthma at Old Trafford he was sent to a specialist. "He gave me scores of tests before discovering I was allergic to two things ? grass and running. He even game me a medical certificate to prove it," MacDougall rejoiced. rphilip@thenational.ae

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.”

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%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EKelsey%20Mann%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%C2%A0Amy%20Poehler%2C%20Maya%20Hawke%2C%20Ayo%20Edebiri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4.5%2F5%3C%2Fp%3E%0A
THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

AUSTRALIA SQUAD

Tim Paine (captain), Sean Abbott, Pat Cummins, Cameron Green, Marcus Harris, Josh Hazlewood, Travis Head, Moises Henriques, Marnus Labuschagne, Nathan Lyon, Michael Neser, James Pattinson, Will Pucovski, Steve Smith, Mitchell Starc, Mitchell Swepson, Matthew Wade, David Warner

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Honeymoonish
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In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Temple numbers

Expected completion: 2022

Height: 24 meters

Ground floor banquet hall: 370 square metres to accommodate about 750 people

Ground floor multipurpose hall: 92 square metres for up to 200 people

First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time

First floor terrace areas: 2,30 square metres  

Temple will be spread over 6,900 square metres

Structure includes two basements, ground and first floor 

Film: Raid
Dir: Rajkumar Gupta
Starring: Ajay Devgn, Ileana D'cruz and Saurabh Shukla

Verdict:  Three stars 

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)