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Arsenal reject PSG bid for Hector Bellerin as Ligue 1 champions close in on deal for new right-back

first_imgArsenal reject PSG bid for Hector Bellerin as Ligue 1 champions close in on deal for new right-back Comment Hector Bellerin was a transfer target for Paris Saint-Germain (Picture: Getty)Paris Saint-Germain are closing in on the signing of Alessandro Florenzi after failing with a move for Arsenal’s Hector Bellerin.Thomas Tuchel has made the recruitment of a new right-back a key priority following last month’s Champions League final defeat against Bayern Munich. Spain international Bellerin had emerged as a leading candidate to fill a problem position for the French champions and Arsenal were said to be reluctantly willing to let the 25-year-old depart given their need to raise funds to boost their own summer transfer kitty. According to Sky Italy, however, PSG were only willing to initially entertain the idea of a loan agreement for the La Masia graduate who is still striving to recover his best form having recovered from a cruciate knee ligament injury that ruled him out of action for nine months last year.AdvertisementAdvertisementADVERTISEMENTCedric Soares was signed on loan by Mikel Arteta in January as back-up for Bellerin and the former Southampton star has now signed a permanent deal, while Ainsley Maitland-Niles, who now appears more likely to stay than depart, has also proved a more than capable deputy when asked to fill in at wing-back. Metro Sport ReporterThursday 10 Sep 2020 11:45 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link3.2kShares Advertisement Alessandro Florenzi is on the verge of joining PSG (Picture: Getty)Florenzi, 29, meanwhile, is expected to join PSG on a season-long loan and provide cover and competition for Thilo Kehrer. Arsenal are also said to be in negotiations with the Ligue 1 giants over a potential swap deal featuring Matteo Guendouzi and Julian Draxler. The France international had fallen out of favour with Arteta following several disciplinary breaches and failed to feature at all following a defeat against Brighton in June where he was involved in an altercation with the Seagulls’ machwinner Neal Maupay.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalGuendouzi was allowed to return to first team training earlier this week but speculation surrounding his future remains intense. Lyon were credited with an interest but their sporting director Juninho ruled out the possibility of him signing for last season’s Champions League semi finalists.He said earlier this week: ‘I get on very well with the Sporting Director (Edu). We spoke on the phone. Houssem Aouar is really well liked by Arteta. There were some discussions for Matteo Guendouzi, who is also a good player. ‘He was brought up during the discussion. But we don’t need his profile, we were very clear. If it is like that, we are not interested at all, we cut the conversation, that is where things ended.’MORE: Paul Merson rates Arsenal’s top-four chances and sends message to Mikel ArtetaMORE: Arsenal risk missing out on Houssem Aouar as Lyon set transfer demandsFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Advertisementlast_img read more


Dutch schemes’ recovery paths exceeded expectations in 2017

first_imgHowever, the watchdog noted that schemes’ recovery paths were lagging behind the improvement pension funds expected when they set their plans in 2015.Based on this recovery path, coverage ratios should have been 113% on average at the end of 2017, it said. Dutch pension funds have exceeded the assumptions made in their recovery plans for 2017, according to supervisor De Nederlandsche Bank (DNB).Funding of the sample of 157 schemes – weighted for assets under management – improved from 100% to 107% on average, which is 3.1 percentage points more than expected, the regulator said.It attributed 1.8 percentage points to returns exceeding assumptions and the remainder to the positive impact of higher interest rates on liabilities.In May 2017, DNB warned that pension schemes’ assumptions for returns were too high. De Nederlandsche BankIn an evaluation of the 157 recovery plans for 2018, DNB found that expectations for returns were similar to last year’s assumptions.It added that the current contribution level would again have a negative impact on schemes’ funding.Despite the average funding improvement, DNB also noted that differences between the health of pension funds remained significant.It said that 25 schemes – with 300,000 participants in total – were able to grant full indexation of benefits. However, the coverage ratios of 47 pension funds, with 10m participants combined, were still short of the required minimum of 104.2%.The latter category included four of the Netherlands’ largest funds: civil service scheme ABP, healthcare pension fund PFZW and the metal industry schemes PMT and PME.In its analysis, DNB said that pension funds with high funding ratios tended to follow a conservative investment policy, with a 43% stake in securities on average and a 72% hedge of the interest rate risk on their liabilities.In contrast, under-funded schemes had a more aggressive investment approach, with 62% of their assets invested in securities and an interest rate hedge of 32% on average.last_img read more