Federico Macheda, second right, is mobbed by United teammates after his dramatic winner last year.
Federico Macheda, second right, is mobbed by United teammates after his dramatic winner last year.

Who will be this Premier League season's Macheda?



Sir Alex Ferguson coined a phrase to describe the business end of the season. Or he probably did, anyway. "Squeaky bum time," was invented by the Manchester United manager. We think. The assembled journalists struggled to decipher the Glaswegian accent and were unsure if he actually said "squeeze your bum time". They took a vote and opted for the squeaky option.

Last year a different description applied: "Macheda time". Federico Macheda was catapulted from obscurity by scoring arguably the two most important goals of the title race. His April winners against Aston Villa and Sunderland gave United renewed momentum to cross the finishing line first. Now the three major contenders have each provided a candidate for the Footballer of the Year award. Wayne Rooney, Didier Drogba and Cesc Fabregas have made huge contributions to their sides' challenges. Yet the lesson from last year is the league could be decided by someone else, whether a marginal figure, a youngster or a player plucked from the past.

Sounds unlikely? Perhaps. But consider the composition of the United bench against Fulham: Tomasz Kuszczak, Fabio da Silva, Oliver Gill, Corry Evans, Gabriel Obertan, Ji-sung Park and Mame Biram Diouf. With the notable exception of the goalkeeper and the South Korean, all are untried; several would not even be in Ferguson's second 11 if everyone was fit. But it is not just the celebrated super-subs Teddy Sheringham and Ole Gunnar Solskjaer who prove the significance of strength in depth at Old Trafford: look at Lee Martin, Les Sealey and Macheda.

A glance at Chelsea's goal on Saturday was instructive, too. There was no Petr Cech, who will also miss tonight's match against Inter Milan, but the third choice, Ross Turnbull. He was relatively untroubled by West Ham in Chelsea's 4-1 win but Cech's understudy Henrique Hilario's hapless display against Manchester City was one factor in a 4-2 defeat. In the final reckoning, the title may have been determined by substandard goalkeeping.

As neither Manuel Almunia nor Lukasz Fabianski has had a season to savour, it could cost Arsenal. Arsene Wenger's replacements at Hull, meanwhile, included the teenagers Fran Merida and Craig Eastmond. Indeed, given his litany of misses against Burnley a week before, there was something unlikely about Nicklas Bendtner's transformation into the matchwinner seven days later at the KC Stadium. Stranger still is the renaissance of another central figure. Sol Campbell's journey from England's fourth tier, League Two, with Notts County to the Champions League in his second spell at Arsenal still defies belief. Wenger's decision not to sign any other cover for Thomas Vermaelen and the sidelined William Gallas can be questioned, but it adds to the spectacle. There is something valiant about the sight of the 35-year-old, whose decline was evident in his final season at Portsmouth, calling upon his vast experience and considerable physical power in his attempts to halt opponents he would have swatted aside in his prime. This is a man at the limit, who has nothing more to give but one who, so far, has let no one down.

An entire sub-genre of Westerns has been based on a similar concept. The great is brought back from retirement for one last job, endangering his reputation for a noble cause. The showdown at the summit of the Premier League may be settled by one of the most feared gunslingers in the land, but it is far from guaranteed. To continue the analogy, a year ago, Macheda was, if not the Man with No Name, but the man whose name was unknown. And look how things changed.

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Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

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 

Ronaldo's record at Man Utd

Seasons 2003/04 - 2008/09

Appearances 230

Goals 115

Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Brief scores:

Manchester United 4

Young 13', Mata 28', Lukaku 42', Rashford 82'

Fulham 1

Kamara 67' (pen),

Red card: Anguissa (68')

Man of the match: Juan Mata (Man Utd)

Spare

Profile

Company name: Spare

Started: March 2018

Co-founders: Dalal Alrayes and Saurabh Shah

Based: UAE

Sector: FinTech

Investment: Own savings. Going for first round of fund-raising in March 2019

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially

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.”