Barcelona could offload eleven players in summer transfers including Philippe Coutinho and Samuel Umtiti

first_imgArsenal have the option to sign Suarez on a permanent deal (Picture: Getty)There are several players out on loan who will be earmarked for permanent deals including Denis Suarez (Arsenal), Andre Gomes (Everton), Douglas (Sivasspor), Adria Ortola (Deportivo de La Coruna) and Arda Turan (Istanbul Basaksehir).Suarez could moved to Arsenal permanently, while Everton are keen to sign midfielder Gomez and Arsenal have been previously linked with Arsenal.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves Malcom has struggled to settle at Barcelona (Picture: Getty)ESPN claim Barcelona are ready to offload the quartet as well as squad players Jasper Cillessen and Rafinha Alcantara.Though Cillessen and Alcantara are key members of Barcelona’s squad, Barcelona want to raise up to £254million in funds this summer from sales. Coutinho could be heading for the exit this summer (Picture: Getty)Barcelona could sell as many as eleven players this summer to raise funds for other signings, reports say.Manchester United and Arsenal are just a few clubs to be linked with a raid on Barcelona at the end of the season, as the Spanish side aim to overhaul their squad.The Red Devils have been linked with centre-back Samuel Umtiti, while Arsenal have been credited with an interest in forward Malcom.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityPhilippe Coutinho has generated a lot of transfer stories in recent months and ESPN claim the Brazilian is one of a host of Barcelona stars marked for an exit this summer.AdvertisementAdvertisementADVERTISEMENTMalcom, Samuel Umtiti, Ivan Rakitic and Coutinho could raise major spending money for Barcelona with a host of suitors lining up to sign the players.Paris Saint-Germain, Inter Milan and United are weighing up moves for Rakitic, while several Serie A clubs would be eager to bring Malcom to Italy. Advertisement Metro Sport ReporterWednesday 3 Apr 2019 5:52 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.4kSharescenter_img Comment Barcelona could offload eleven players in summer transfers including Philippe Coutinho and Samuel Umtiti Advertisementlast_img read more

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ATP to scrutinise private equity risks, says new CEO

first_img“I think there are limits as to how successful you would be with active, tactical asset allocation,” Hyldahl said. “What we do is more top down, in the sense that you construct a portfolio in a robust and balanced way, and then it is bottom up in that you make sure that the asset pricing is at the right level.”At the beginning of 2015, ATP officially started applying its new risk-factor-based portfolio construction approach to its DKK100bn investment portfolio that consists of its free reserves, or bonus potential. It was designed to fare well in all market environments, distilling assets into four risk factors — interest rates, inflation, equity, and ‘other factors’ — and then using these as building blocks for the portfolio.The building blocks are used to give ATP full consistency between its asset pricing approach and risk management approach, Hyldahl said.“We will be continuing this this work, both on the construction side and with the bottom-up approach,” he said. “It is exactly what has been developed in ATP, but it has not been fully implemented yet and we will continue to work on this.”The next stage was to refine the way the four factors are modelled, Hyldahl continued, with a particular focus on ‘other risks’.Private equity under scrutiny“We need to refine the illiquidity risk aspect, and how we price this risk when we invest in private equity,” the CEO said. “Basically you give a commitment to a private equity fund, but they have the option to deploy the money at their discretion over a period of time.“What is the value of that option, and how much return should we get for giving the manager the freedom to deploy that money when they decide? There is a lack of control in the flexibility we give to the manager, and that has a price.”Similarly, extension risk needed to be taken into account with private equity fund investment: the chance that the investment would continue for longer than anticipated because holdings could not be exited within the standard 10-year timeframe.“That type of risk is a risk that is on our balance sheet and it seems to be in the favour of the private equity funds. We need to make sure we get adequate return for all these types of flexibility that we grant the managers,” Hyldahl said.Unlisted assets generated a third of ATP’s overall return for 2016, according to its results released last week.Asked about the current market environment, Hyldahl said uncertainty would be a “big theme” for this year. However, broadly speaking, he said the uncertainty brought about by Brexit and the change of government in the US was priced into financial markets.“But it is very difficult,” he added. “It depends on what likelihood you put on some tail events – and maybe some of it you cannot even foresee.”The CEO continued: “There are too many scenarios to be able to position yourself, so at the end of the day when you line up 10 or 20 large big-effect scenarios, you end up with having to have a portfolio that is very robust and that is the only approach that we can have.”Protectionism was worrying him, he said.“Global trade has served the world really well for many years, and maybe the wealth has not been distributed well over 30 years, but overall, global growth has been very high and I think if we start to put up barriers to global trade that would be bad for the global economy,” Hyldahl said.“I think protectionism is the wrong way to address the unequal distribution of wealth,” he said.The pension provider posted a 15% gain in 2016. The new captain of Denmark’s DKK759bn (€102bn) statutory pension fund ATP intends to put private equity managers under the microscope to address a perceived imbalance in control.Far from changing tack on ATP’s investment strategy in order to navigate 2017’s many uncertainties, Christian Hyldahl told IPE he wants to deepen the fund’s ‘all-weather’ portfolio approach.“I truly believe that is the right way to run a portfolio in the uncertain times that we’re in, and I don’t believe in a very active, tactical asset allocation,” Hyldahl said.He was head of the asset management division at Nordea for two years, following four as CIO, before officially succeeding ATP’s last chief executive Carsten Stendevad on 1 January. He cited his experience at the Nordic financial services giant as demonstrating the success that an all-weather portfolio can achieve.last_img read more

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Iheanacho misses out on Super Eagles final squad

first_imgLeicester City forward Kelechi Iheanacho has been dropped from Nigeria’s squad for the upcoming AFCON in Egypt.Super Eagles Head caoch Gernot Rohr named his final 23-man squad which includes Premier League stars Wilfred Ndidi and Alex Iwobi.Iheanacho endured a tough season with Leicester, where he struggled to cement a place in the first team, making only 6 league starts all season.Rohr had earlier warned the forward, who hasn’t scored for the national team in over a year, about the possibility of losing his place in the national team if his club performances didn’t improve.Iheanacho sees his place taken by 20 year old Villarreal wonder kid Samuel Chukwueze.Full squad:Goalkeepers: Francis Uzoho (Anorthosis Famagusta, Cyprus); Ikechukwu Ezenwa (Katsina United); Daniel Akpeyi (Kaizer Chiefs, South Africa)Defenders: Olaoluwa Aina (Torino, Italy); Abdullahi Shehu (Bursaspor, Turkey); Chidozie Awaziem (Rizespor, Turkey); William Ekong (Udinese, Italy); Leon Balogun (Brighton, England); Kenneth Omeruo (CD Leganes, Spain); Jamilu Collins (SC Padeborn 07, Germany)Midfielders: John Mikel Obi (Middlesbrough, England); Wilfred Ndidi (Leicester City, England); Oghenekaro Etebo (Stoke City, England); John Ogu (Hapoel Be’er Sheva, Israel)Forwards: Ahmed Musa (Al Nassr, Saudi Arabia); Victor Osimhen (Royal Charleroi, Belgium); Moses Simon (Levante, Spain); Henry Onyekuru (Galatasaray SK, Turkey); Odion Ighalo (Shanghai Shenhua, China); Alexander Iwobi (Arsenal, England); Samuel Kalu (Girondins Bordeaux, France); Paul Onuachu (FC Midtjylland, Denmark); Samuel Chukwueze (Villarreal, Spain)last_img read more

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Techiman City: Uncertainty over our premier league status is affecting us financially

first_imgPresident of Techiman City Charles Kwadwo Ntim says the uncertainty of their promotion to the Ghana top-flight is likely to hamper their mega sponsorship deal with oil and marketing firm Nasona.The Techiman based side is facing demotion after the Ethics Committee found them guilty of bribery and match-fixing but they have appealed the ruling and filed for stay of execution.“When you have potential sponsors coming in and you have ethics committee ruling come in and out it makes them sit back and look at what is going to happen,” said Charles Ntim“It has been very difficult and our sponsorship deal with Nasona oil has been 50-50. The last time i spoke to the manager of the company he was ready to give me a check and then the ethics committee ruling came in so any businessman will be very careful dishing out such an amount of money.”– Follow Joy Sports on Twitter: @JoySportsGH. Our hashtag is #JoySportslast_img read more

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