Juventus have been a class above the rest of Serie A in the past three seasons but now they must contemplate going for a fourth successive title without coach Antonio Conte and a host of clubs believing they can wrest the crown from them.
The title race will seek to revive Italian fans’ morale after a poor World Cup showing by the national side – their first round exit prompting the resignation of Cesare Prandelli with Conte replacing him as coach.
The fans will also hope for a stronger challenge by their clubs in Europe this term as the decline in their ability to compete with the English Premier League elite and leading Spanish sides has had an adverse impact.
Inter Milan’s win in the 2009 Champions League is the last time they had a representative in that final and one has to go back to Parma’s victory in 1999 for the last Italian appearance in the Uefa Cup, now the Europa League.
Conte gave as one of the reasons for his leaving the Juventus job as being angry that the board were not prepared to aid his push for a successful Champions League campaign with money for players.
They did, however, spend EU€20 million (Dh96.9m) on Real Madrid striker Alvaro Morata and Conte’s replacement, former AC Milan boss Max Allegri, has said one of his objectives is to target success in European football’s leading club competition.
Allegri, 47, who won the title with Milan in his first season in 2010/11, admits he will need time to win over the fans but said his recipe for success was that adopted by Diego Simeone at Spanish champions Atletico Madrid.
“The three consecutive titles make us favourites in Italy and we’ll compete all the way for the title,” said Allegri.
“There are great clubs in Europe, but with a shrewd transfer policy and organisation we’ll try to enjoy an excellent Champions League campaign, just as Atletico Madrid did last season.
“Juventus must be among the top eight teams in Europe, it’s our duty.”
Roma and Napoli pursued Juventus last season.
The Turin giants finished with a record 102 points but Roma gave them a good run for their money for a long while under French coach Rudi Garcia.
Garcia, previously at French side Lille whom he guided to the domestic double in 2011, has to also prepare for a Champions League campaign.
But he has indicated that the domestic title remains his focus and hopes the €22m signing of Argentine striker Juan Iturbe will add the necessary class to their challenge.
“What I know for sure is that Juventus have won the last three scudettos (Serie A titles) and will be a very good and strong competitor as usual,” said the manager, 50, who will be looking to another excellent season from his old Lille comrade, Ivory Coast star Gervinho, who is coming off an impressive World Cup.
“Our objective is to be as strong as possible and be effective in the (Serie A) Championship even though we are playing in the Champions League, which wastes many energies.”
Napoli boss Rafael Benitez too will be hoping for a stronger run from his side, who have bundles of talent including Argentine striker Gonzalo Higuain and Slovakian playmaker Marek Hamsik, but has also expressed his frustration in bizarre terms at not being able to compete in the marketplace.
“‘Do we want to exchange our wife’ is like ‘do we want Mascherano’. We’re in love with our wife, I mean, our players,” said Benitez in July.
“Do we want to exchange our wife for Claudia Schiffer? It could be but it depends on your wife, are you happy with your wife? Let’s wait for a response from the transfer market.’
Both Milan sides will expect to mount a stronger challenge but while Inter at least invested in Chilean Gary Medel from Cardiff and talented, but unruly Frenchman Yann M’Vila, AC’s ambitions have been undermined with the sale of striker Mario Balotelli.
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The struggle is on for active managers
David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.
The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.
Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.
Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.
At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn.
Results
4pm: Maiden (Dirt) Dh165,000 1,600m
Winner: Moshaher, Pat Dobbs (jockey), Doug Watson (trainer).
4.35pm: Handicap (D) Dh165,000 2,200m
Winner: Heraldic, Richard Mullen, Satish Seemar.
5.10pm: Maiden (Turf) Dh165,000 1,600m
Winner: Rua Augusta, Harry Bentley, Ahmad bin Harmash.
5.45pm: Handicap (D) Dh190,000 1,200m
Winner: Private’s Cove, Mickael Barzalona, Sandeep Jadhav.
6.20pm: Handicap (T) Dh190,000 1,600m
Winner: Azmaam, Jim Crowley, Musabah Al Muhairi.
6.55pm: Handicap (D) Dh190,000 1,400m
Winner: Bochart, Richard Mullen, Satish Seemar.
7.30pm: Handicap (T) Dh190,000 2,000m
Winner: Rio Tigre, Mickael Barzalona, Sandeep Jadhav.
THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
Favourite dessert: Umm Ali with dark camel milk chocolate flakes
Favourite hobby: Football
Breakfast routine: a tall glass of camel milk
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Game Changer
Director: Shankar
Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5