Eddie Hearn looks ahead to a successful future with Anthony Joshua - starting against Usyk


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There was a time when filling a huge stadium felt like the norm for Eddie Hearn. This week it feels like a relief. It will take some time for the affects of the pandemic to pass into history, but for now it feels like boxing is back.

Anthony Joshua has always been a draw, but when he steps into the ring to defend his WBA, WBO and IBF heavyweight titles against Oleksandr Usyk in front of 68,000 fans at the Tottenham Hotspur Stadium in North London on Saturday, it will seems like the good times are back.

The last time Joshua boxed, against Kubrat Pulev in December, only 1,000 people were allowed in to the 10,000-seater Wembley Arena. Even that felt like a big deal at the time in a brief window between lockdowns in the UK.

Joshua is used to boxing in big stadiums – he has sold out Wembley Stadium twice and has had two full houses at the Principality Stadium – the Welsh national rugby stadium. But after restrictions were lifted in the summer, Hearn, Joshua’s promoter, was concerned as to whether fans would be keen to return in big numbers.

“It is massive,” Hearn said. “AJ is AJ and he is always going to sell, but it was so exciting the way it went. The tickets went in the first couple of hours. We could have done 200,000 tickets, we had 54,000 online in a queue for the tickets.

“We saw 20,000 fans at Leeds for Josh Warrington, we saw this, Liam Smith-Anthony Fowler in Liverpool on October 9 is sold out, for Dillian Whyte-Otto Wallin on October 30, the pre-sale was huge.

“The great thing for us is seeing people willing to come out again. My worry was that the longer this went on, people would think ‘I’ve got used to just having a barbecue, I don’t want to go to an arena with lots of people’.”

It has been a big week for Hearn, as Joshua, whom he has promoted since his professional debut in 2013, signed a new promotional deal to cover the rest of his professional career, which the way the 32-year-old heavyweight talks could last for as much as another eight years.

“For our business it is hugely important,” Hearn said. “I believe we could have had a handshake deal that would have lasted forever, but to cement it in writing for the business is massive. He is the biggest star in British boxing, arguably the biggest star in world boxing.

“He is our ambassador, when he sits up there and says ‘this is the best place for me to be, Matchroom are the best promotional outfit in the world’, there are no better credentials for us for young fighters to see.

“We were looking at pictures of when he made his debut. We were both wearing these silly waistcoats and we were both kids, really. I didn’t know what I was doing, I thought I did. And he said ‘I was the same, I was useless’.

“It is only now that you get to understand the game, him, in particular, as a fighter. He now talks like a seasoned pro, rather than someone who is just big and strong and up there and athletic. The journey has been amazing.”

Both will be banking on that journey not ending this weekend against Usyk, the Ukrainian, who is arguably the best boxer Joshua has ever faced.

Joshua and Usyk train on media day

London is a favourite city of Usyk, 34, who won heavyweight gold at the Olympics here in 2012, the days before Joshua claimed the super-heavyweight gold medal. As a professional, he unified all four parts of the world cruiserweight title before stepping up to heavyweight, where he has won both his fights to date.

Whether he can cope with the strength and power of a heavyweight of Joshua’s standing is the big question. A fight with Tyson Fury – who defends his WBC title against Deontay Wilder in Las Vegas on October 9 – is the potential reward, but Usyk cannot be overlooked.

“It is such a tough, big fight,” Hearn said. “One of the good things is not a lot of people are talking about AJ-Fury, because they are talking about this fight, which really makes a change. If you think about it - AJ-Pulev, AJ-Andy Ruiz 2 a little bit but definitely AJ-Ruiz 1, all they were talking about was Wilder or Fury and the undisputed title. Now people are going ‘this is a real fight’.

“The aim and the goal will always to be undisputed champion, but I just hope people give AJ the credit he deserves if he wins on Saturday, because his resume is incredible and not enough people talk about it.

“This is the last mandatory that we have due for a bit, then we have a clear run to say ‘let’s just make this fight’ with Fury. But let’s see if Fury fights first and, hopefully, he wins.”

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The years Ramadan fell in May

1987

1954

1921

1888

War and the virus
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The years Ramadan fell in May

1987

1954

1921

1888

Jetour T1 specs

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COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

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SERIE A FIXTURES

Saturday

AC Milan v Sampdoria (2.30pm kick-off UAE)

Atalanta v Udinese (5pm)

Benevento v Parma (5pm)

Cagliari v Hellas Verona (5pm)

Genoa v Fiorentina (5pm)

Lazio v Spezia (5pm)

Napoli v Crotone (5pm)

Sassuolo v Roma (5pm)

Torino v Juventus (8pm)

Bologna v Inter Milan (10.45pm)

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

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The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

Company profile: buybackbazaar.com

Name: buybackbazaar.com

Started: January 2018

Founder(s): Pishu Ganglani and Ricky Husaini

Based: Dubai

Sector: FinTech, micro finance

Initial investment: $1 million

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

EA Sports FC 25
Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
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  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Points to remember
  • Debate the issue, don't attack the person
  • Build the relationship and dialogue by seeking to find common ground
  • Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
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The five pillars of Islam
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
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  • An elevated football field that doubles as a helipad
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PROFILE

Name: Enhance Fitness 

Year started: 2018 

Based: UAE 

Employees: 200 

Amount raised: $3m 

Investors: Global Ventures and angel investors 

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

The biog

Family: He is the youngest of five brothers, of whom two are dentists. 

Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.

Where he works: Liberty Dental Clinic 

While you're here
UK-EU trade at a glance

EU fishing vessels guaranteed access to UK waters for 12 years

Co-operation on security initiatives and procurement of defence products

Youth experience scheme to work, study or volunteer in UK and EU countries

Smoother border management with use of e-gates

Cutting red tape on import and export of food

 

 

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

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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.”

The Uefa Awards winners

Uefa Men's Player of the Year: Virgil van Dijk (Liverpool)

Uefa Women's Player of the Year: Lucy Bronze (Lyon)

Best players of the 2018/19 Uefa Champions League

Goalkeeper: Alisson (Liverpool)

Defender: Virgil van Dijk (Liverpool)

Midfielder: Frenkie de Jong (Ajax)

Forward: Lionel Messi (Barcelona)

Uefa President's Award: Eric Cantona

Updated: September 24, 2021, 12:12 PM`