Liverpool's Mohamed Salah has been linked with a move to Saudi Arabia. Getty
Liverpool's Mohamed Salah has been linked with a move to Saudi Arabia. Getty
Liverpool's Mohamed Salah has been linked with a move to Saudi Arabia. Getty
Liverpool's Mohamed Salah has been linked with a move to Saudi Arabia. Getty

Liverpool manager Jurgen Klopp not worried about new Saudi Arabia bid for Mohamed Salah


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Liverpool manager Jurgen Klopp has insisted he is not worried at this moment about any attempt by Saudi Arabian clubs to lure Mohamed Salah away from Merseyside in January.

Saudi Pro League champions Al Ittihad were reported to have put in a £150 million bid for the 31-year-old attacker that was turned down by Liverpool before the Premier League transfer window closed on September 1.

A second bid of around £200 million was expected before the SLP window closed six days later but failed to materialise.

But SPL director of football Michael Emenalo has made it clear that Salah remains a priority target. “If it didn't happen, it's not because we no longer fancy the player, or because we have a problem with Liverpool,” he told Sky Sports.

“It's because certain things that need to align for all the parties involved in the process didn't align.

“Nobody is angry, we move on, but we absolutely close no doors and if the opportunity is there to do things and do it well – and it brings Mohamed Salah to the Saudi Pro League we will all be very grateful.”

In Friday's press conference ahead of Liverpool's game at Wolves, Klopp laughed off suggestions that he might be worried about any January bid for his Egyptian striker.

“You are kidding me, yeah?” said Klopp. “A week after we close the transfer window, you ask about the January transfer window?

“Obviously, you can't wait until December to ask these questions. We will see what happens. Until then, I'm not worried in this moment.

“I didn't even think about it until you opened that wound again. No, I'm not worried.”

Klopp also insisted there was no bad blood between him and former captain Jordan Henderson, who did leave for the kingdom this summer when he joined Al Ettifaq.

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In an interview during the international break Henderson, 33, claimed he did not feel wanted when he returned from his summer break and that is why he chose to join Steven Gerrard's side.

“Hendo said the truth, in all departments, that's how it was,” said the manager.

“We had our talks and I told Hendo I wanted him to stay but we had to talk in these conversations about the possibility of not playing regularly.

“I cannot have a talk before a season and tell a player they will have 50 games 100 per cent because I don't know that, it all depends on performance.

“And if Hendo had performed, he would have had maybe 50 games, absolutely possible.

“But in the specific situation, with the relationship we had, I thought it was important that we speak about everything because I don't want to wake up one morning and need to lock horns with each other because he thought he would start and I tell him he isn't.

Liverpool manager Jurgen Klopp made it clear he could not guarantee Jordan Henderson a regular start this season. AFP
Liverpool manager Jurgen Klopp made it clear he could not guarantee Jordan Henderson a regular start this season. AFP

“Obviously [for] Hendo that meant, 'OK, he doesn't want me here'. I understand it 100 per cent but we clarified that.

“If I would have told him 'Hendo, stay here, you will be the main man in midfield', he would have stayed but as much as I wanted him to stay, I couldn't say that so that's why it was better that Hendo moved on.

“There's not a bit of bad blood or whatever.”

Liverpool will head to Wolves on Saturday lunchtime without defender Trent Alexander-Arnold, who is still recovering from a hamstring injury sustained in the win against Aston Villa a two weeks ago.

But centre-back Ibrahima Konate is fit again, which means Joe Gomez will be asked to fill in at right-back.

SPECS
%3Cp%3EEngine%3A%20Twin-turbocharged%204-litre%20V8%3Cbr%3EPower%3A%20625%20bhp%3Cbr%3ETorque%3A%20630Nm%3Cbr%3EOn%20sale%3A%20Now%3Cbr%3EPrice%3A%20From%20Dh974%2C011%3C%2Fp%3E%0A
HWJN
%3Cp%3EDirector%3A%20Yasir%20Alyasiri%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Baraa%20Alem%2C%20Nour%20Alkhadra%2C%20Alanoud%20Saud%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A%3Cp%3E%3C%2Fp%3E%0A
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

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Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Company profile

Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors  

UAE currency: the story behind the money in your pockets
List of alleged parties
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  • Dec 13 2020: Mr Johnson and his then-fiancee Carrie Symonds throw a flat party
  • Dec 14 2020: Shaun Bailey holds staff party at Conservative Party headquarters 
  • Dec 15 2020: PM takes part in a staff quiz
  • Dec 18 2020: Downing Street Christmas party 
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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
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Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

COMPANY PROFILE
Name: Mamo 

 Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua

 Based: Dubai, UAE

 Number of employees: 28

 Sector: Financial services

 Investment: $9.5m

 Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors. 

 
PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

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Retirement funds heavily invested in equities at a risky time

Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.

Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.

The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.

The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.

Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.

The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.

• Bloomberg

Updated: September 15, 2023, 8:38 PM