Aziz Yildirim, who enjoys as much popularity as the Turkish prime minister, has spent a year in jail but is appealing a six-year conviction. AP Photo
Aziz Yildirim, who enjoys as much popularity as the Turkish prime minister, has spent a year in jail but is appealing a six-year conviction. AP Photo
Aziz Yildirim, who enjoys as much popularity as the Turkish prime minister, has spent a year in jail but is appealing a six-year conviction. AP Photo
Aziz Yildirim, who enjoys as much popularity as the Turkish prime minister, has spent a year in jail but is appealing a six-year conviction. AP Photo

Match fixing: Fenerbahce's Turkey feast leaves a bad taste


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Turkey loves both football and strong men, so it is no surprise that Aziz Yildirim is a household name.

A civil engineer, Yildirim made a fortune in military contracts with the government and Nato before turning his attention to Istanbul's Fenerbahce football club, a perennial title contender with a vocal fan base nicknamed "the Republic of Fenerbahce".

As chairman since 1998, Yildirim built up not only the local football club, but also their basketball, volleyball and table tennis clubs. He renovated the football stadium, increasing it to 52,000 seats and installed outdoor heating.

Under his leadership, Fenerbahce became one of the world's 20 wealthiest football clubs and was the pride of Turkey as it ventured often into Europe's lucrative Champions League, which pits the top finishers in each of Europe's major national leagues. The blustery, volatile Yildirim was as well known as the prime minister.

In 2012, however, he got attention for all the wrong reasons.

The 60-year-old tycoon was convicted in July by Istanbul's 16th Heavy Penal Court of "forming and leading a criminal gang" that rigged four games and offered payments to players or rival club officials to fix three others - all so Fenerbahce could stay in the Champions League, a benefit the club estimated to be worth US$58.5 million (Dh214.9m) a year.

He is appealing his conviction, maintaining his innocence. Yildirim's case is another sign that football - the world's most popular sport - is increasingly tainted by a multibillion-dollar scourge of match fixing.

Investigations in dozens of countries in 2012 have involved hundreds of players and officials, revealing the extent of the problem that threatens to undermine the integrity of the game.

Matches can be rigged so that criminal gambling rings and others in the know can make money off bets. But sometimes, the rigging is done to keep a team in a more prestigious league, where it can earn big revenue.

Fenerbahce were founded in 1907. The club has 18 national league titles, the same as Istanbul rivals Galatasaray, and a fan base that expects more.

The name "Fenerbahce" means "lighthouse garden" in Turkish. Many of the club's fans take the 30-minute ferry ride from the European side of Istanbul across the breezy Marmara Sea to Kadikoy, the bustling district on the city's Asian side where Fenerbahce play their home games.

Fans wearing the club's blue and yellow stripes pack Sukru Saracoglu Stadium, which sits along a boulevard lined with shops, bars and restaurants.

In two recent seasons, the team had lost the league championship in their final few games, an outcome the prosecutors' indictment said Yildirim wanted to avoid repeating.

Faced with that pressure, in the spring of 2011, Fenerbahce won 16 of their last 17 games to come from a distant third place and qualify for the Champions League.

"Whatever you do in a season, if you don't qualify for Europe, it doesn't mean anything," said Emin Ozkurt, a lawyer in Turkey, who has represented Fenerbahce in other cases.

Yildirim was put on trial last spring along with 92 other officials, players and coaches.

Turkish police had 1,028 wiretaps relating to the 13 games in question, 103 of them tied to Yildirim.

He was charged with match fixing and accused of trying to get favourable referees assigned to his team's games. Prosecutors also said that the transfer fees he paid to some rival clubs and players were actually pay-offs for fixing games.

A 2012 global study on match fixing conducted jointly by four international research institutions noted that "chairman-to-chairman" fixing is quite common in the Balkans, eastern Europe and Russia, especially when a win is very important to one club and less so for a rival.

"The risk of matches being rigged in this way increases as the end of the season approaches, if a team is still in contention for a promotion or a victory in a championship or is trying to avoid relegation," the study said.

"Club chairmen … not only often know each other personally, but above all, understand each other because they all have the same aims and constraints."

The club officials also know which players are less scrupulous or in financial trouble and can be easily pressured into throwing a game.

The report said chairman-to-chairman match fixing "can even assume systemic proportions" in which favours done for one team one year are paid back by rigging more games the next season.

The Fenerbahce case was not Turkey's first brush with match fixing. The prosecutors' indictment noted that since 1980, Turkish football has attracted many criminal gangs and mafia dons.

The prosecutors said the wiretaps in the latest scandal revealed an elaborate code based on farming and construction terms that Yildirim and other Fenerbahce officials used to talk about match fixing.

"Buildings under construction" referred to games in the process of being fixed. "Goats in the field" referred to players, "crops being watered" were match-fixing payments, and "ploughing, planting and sowing" were efforts to fix games.

The agricultural terms used by the city-dwelling football officials often did not correspond with the actual farming seasons, prosecutors noted.

In court, Yildirim was confronted with what prosecutors called a transfer fee of $100,000 paid by Fenerbahce for the midfielder Gokdeniz Karadeniz, who ended up never playing for the team.

He insisted the payment was legitimate, and said investigators hounded his team so much that players such as Karadeniz were too upset to play. "Players [who] transferred with great hopes and without the slightest irregularity were detained, put under pressure and … left the club without wearing the team uniform once," Yildirim testified.

The prosecutors say Yildirim aides spoke with the manager of the Nigeria striker Emanuel Emenike to make sure he did not play for Karabukspor in a spring 2011 game against Fenerbahce.

Emenike then transferred to Fenerbahce for an undisclosed fee but never played for the team and later transferred to Russia.

Emenike was charged in the match-fixing scandal but since he is out of the country his case was separated from the others, and is continuing.

The prosecutors said another Fenerbahce official gave $129,300 to Ibrahim Akin, a player for a rival team, to throw a game.

Akin was convicted of match fixing and sentenced to 18 months in prison; he is appealing.

They also said the Fenerbahce aide Abdullah Basak was given a Mini Cooper as a reward for meeting with officials and players of other clubs to fix games.

Basak's sentence of 15 months in prison for his part in a "criminal gang" was commuted. He was convicted and sentenced to a further two years for match fixing, which he is appealing.

Yildirim also was accused of asking Mahmut Ozgener, the former Turkish Football Federation head, about the referees who would handle Fenerbahce games, seeking those who would favour his team.

Yildirim conceded that wiretaps show him asking the referee chief Oguz Sarvan to talk to the referee overseeing the next Fenerbahce game, but said it was only because the man was known to be a devoted follower of the Besiktas team.

"The conversations are ordinary, the type of conversation any club director would make. There is no request for favouritism but a request for an unbiased referee," Yildirim said.

Yildirim denied any wrongdoing and mocked the allegations against him, saying police initially declared irregularities in 19 games but mentioned only 13 in the indictment.

He said: "Six games vaporised?"

Yildirim called the trial a plot "to block Fenerbahce and prevent its rise".

"It is clear as day that this is an operation against the Fenerbahce Sports Club and against Aziz Yildirim," he testified. "A group wanting to take over Turkish sports organised this operation."

Yildirim was convicted and sentenced to six years and three months in prison. He spent a year behind bars, but was released pending an appeal; a decision is expected this spring. Fenerbahce officials refused requests to interview Yildirim.

If the conviction and sentence are upheld, he will return to prison and be forced to step down as the Fenerbahce chairman.

Three other Fenerbahce officials and officials from five other teams were also found guilty.

Fenerbahce were barred from last season's Champions League as a result of the investigation, but Uefa, Europe's governing body, says the team are eligible to participate in next season's competition, pending a final ruling by the disciplinary board of Uefa.

Fenerbahce, claiming they were treated unfairly by Uefa and the Turkish Football Federation, appealed to the international Court of Arbitration for Sport, seeking $58.5 million in damages. They later dropped the case.

Meanwhile, a change of regime occurred in the Turkish Football Federation as its chief resigned. Under the new leadership, the organisation declared that none of the match fixing affected any matches and cleared all of the clubs mentioned in the indictment.

It banned two players, for alleged efforts to throw a game that Fenerbahce won 4-2.

Few in Turkey believe match fixing is limited to that, and few believe it has ended. The Turkish sports commentator Bagis Erten noted that rigging allegations have emerged every season for the past 40 years.

"The widespread belief in Turkey," he said, "is that at some time or another, each and every team has attempted to fix games."

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The biog

Hobbies: Salsa dancing “It's in my blood” and listening to music in different languages

Favourite place to travel to: “Thailand, as it's gorgeous, food is delicious, their massages are to die for!”  

Favourite food: “I'm a vegetarian, so I can't get enough of salad.”

Favourite film:  “I love watching documentaries, and am fascinated by nature, animals, human anatomy. I love watching to learn!”

Best spot in the UAE: “I fell in love with Fujairah and anywhere outside the big cities, where I can get some peace and get a break from the busy lifestyle”

Cultural fiesta

What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421,  Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day. 

MATCH INFO

England 2
Cahill (3'), Kane (39')

Nigeria 1
Iwobi (47')

If you go:
The flights: Etihad, Emirates, British Airways and Virgin all fly from the UAE to London from Dh2,700 return, including taxes
The tours: The Tour for Muggles usually runs several times a day, lasts about two-and-a-half hours and costs £14 (Dh67)
Harry Potter and the Cursed Child is on now at the Palace Theatre. Tickets need booking significantly in advance
Entrance to the Harry Potter exhibition at the House of MinaLima is free
The hotel: The grand, 1909-built Strand Palace Hotel is in a handy location near the Theatre District and several of the key Harry Potter filming and inspiration sites. The family rooms are spacious, with sofa beds that can accommodate children, and wooden shutters that keep out the light at night. Rooms cost from £170 (Dh808).

Men's football draw

Group A: UAE, Spain, South Africa, Jamaica

Group B: Bangladesh, Serbia, Korea

Group C: Bharat, Denmark, Kenya, USA

Group D: Oman, Austria, Rwanda

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.”

World ranking (at month’s end)
Jan - 257
Feb - 198
Mar - 159
Apr - 161
May - 159
Jun – 162
Currently: 88

Year-end rank since turning pro
2016 - 279
2015 - 185
2014 - 143
2013 - 63
2012 - 384
2011 - 883

Profile

Company name: Jaib

Started: January 2018

Co-founders: Fouad Jeryes and Sinan Taifour

Based: Jordan

Sector: FinTech

Total transactions: over $800,000 since January, 2018

Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups

Where to buy

Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
The specs: 2018 Maserati Ghibli

Price, base / as tested: Dh269,000 / Dh369,000

Engine: 3.0-litre twin-turbocharged V6

Transmission: Eight-speed automatic

Power: 355hp @ 5,500rpm

Torque: 500Nm @ 4,500rpm

Fuel economy, combined: 8.9L / 100km

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.8-litre%204-cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C200rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20320Nm%20from%201%2C800-5%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESeven-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%3C%2Fstrong%3E%206.7L%2F100km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh111%2C195%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
Saudi Cup race day

Schedule in UAE time

5pm: Mohamed Yousuf Naghi Motors Cup (Turf), 5.35pm: 1351 Cup (T), 6.10pm: Longines Turf Handicap (T), 6.45pm: Obaiya Arabian Classic for Purebred Arabians (Dirt), 7.30pm: Jockey Club Handicap (D), 8.10pm: Samba Saudi Derby (D), 8.50pm: Saudia Sprint (D), 9.40pm: Saudi Cup (D)

'Nope'
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Jordan%20Peele%0D%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Daniel%20Kaluuya%2C%20Keke%20Palmer%2C%20Brandon%20Perea%2C%20Steven%20Yeun%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A

Manchester City transfers:

OUTS
Pablo Zabaleta, Bacary Sagna, Gael Clichy, Willy Caballero and Jesus Navas (all released)

INS
Ederson (Benfica) £34.7m, Bernardo Silva (Monaco) £43m 

ON THEIR WAY OUT?
Joe Hart, Eliaquim Mangala, Samir Nasri, Wilfried Bony, Fabian Delph, Nolito and Kelechi Iheanacho

ON THEIR WAY IN?
Dani Alves (Juventus), Alexis Sanchez (Arsenal)
 

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Scores

Rajasthan Royals 160-8 (20 ov)

Kolkata Knight Riders 163-3 (18.5 ov)