Arsenal chief Edu explains reasoning behind Thomas Partey, Gabriel Magalhaes and Willian signings

first_img 1/1 Read More Skip Ad Coming Next Read More Comment Visit Advertiser website GO TO PAGE 1 min. story Advertisement Video Settings by Metro Metro Sport ReporterThursday 8 Oct 2020 4:09 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.1kShares SPONSORED Read More Full Screen Read More Read More deadline day move to West Ham Arsenal chief Edu explains reasoning behind Thomas Partey, Gabriel Magalhaes and Willian signings Edu praises the physical and mental attributes of the new additions, who he says are hungry to lead the north London club to glory.AdvertisementAdvertisementADVERTISEMENT Chelsea defender Fikayo Tomori reveals why he rejected PLAY Edu is the man in charge of transfers at the Emirates (Picture: Arsenal)Arsenal technical director Edu says the club added ‘quality’, ‘physicality’ and mental fortitude to their squad this summer with the signings of Thomas Partey, Gabriel and Willian.In a big show of faith to boss Mikel Arteta, top target Partey was recruited from Atletico Madrid as the north London club activated his £45 million release clause on deadline day.The Gunners also recruited centre-back Gabriel and experienced winger Willian, as well as re-securing the services of Dani Ceballos on another season-long loan from Real Madrid. Advertisement Skip About Connatix V67539 ‘I think we improved the squad’s quality and physicality,’ Edu told the club’s official website.‘Thomas, who we had in our plan for the future, when me and Mikel sit and talked, I think you get all the players who we really focused on. If you see Willian, he brings us experience and a very special physicality in terms of speed. If you see Gabriel, he gives us a lot of physicality and presence. Dani, quality. ‘Thomas, physicality, quality and mentally he is very strong. But in the end if you see all these players we brought to the club, they are very good here (points to legs), but they are better here (points to head) which for me is very important because when you talk to the players, they have a lot of ambition, they are excited and they are hungry to win a title again. ‘This, for me, is important to have in the players to not only be good here (points to legs), but good here (points to head). And they are.’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 ArsenalAs well as new signings, Arsenal crucially negotiated new contracts for top scorer Pierre-Emerick Aubameyang and youngsters Bukayo Saka and Martinelli.‘This is another good point I want to mention because normally people are talking about signing players but for me and Mikel, we dedicate our time to what we have at home,’ the Brazilian added. ‘So we have to renew players, we have to give our respect to the players we have here, so let’s do it as soon as possible. If you see, Martinelli was the first one we did even before the window, Bukayo was during the window and Auba was in the window as well. ‘Those three, in my plan, was to try to get them done before the window even opened but of course there are negotiations, there are talks, there are meetings but we did it and it’s an important point as well.’MORE: Arsenal set to re-attempt efforts to terminate Mesut Ozil’s contract early ahead of January transfer windowMORE: Gareth Southgate heaps praise on Arsenal’s Bukayo Saka ahead of England vs WalesFollow Metro Sport across our social channels, on Facebook, Twitter and InstagramFor more stories like this, check our sport page / Top articleslast_img read more

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Prudential and Aviva strike first longevity reinsurance deal

first_imgAviva Life and Pensions UK has transferred the longevity risk associated with £1bn (€1.1bn) of pension liabilities to the Prudential Insurance Company of America.Prudential is a seasoned insurer of longevity risks but this is its first deal with Aviva’s UK life and pensions arm. Prudential Retirement, part of US-based Prudential Financial, is the Prudential unit that entered into the agreement with Aviva.In a statement announcing the transaction, the companies spoke of “a new reinsurance partnership”.William McCloskey, head of international transactions for longevity reinsurance at Prudential, said Aviva had become a “premier” pension insurance provider over the last several years. The deal is the latest to hit a buoyant de-risking market in the UK.“Market activity in 2018 is building toward a very strong second half,” said Amy Kessler, head of longevity risk transfer at Prudential.“Rising rates and equities, combined with lower-than-expected longevity improvements, mean that pension schemes are very well funded and that de-risking is more affordable than ever.”Enhanced capacity of insurers is also said to be playing a role.Aviva and Prudential noted that their transaction followed at least 10 other deals for more than $1bn (€862m) during the last 12 months.“Collectively,” they said in a statement, “these UK longevity reinsurance and longevity swap agreements signify a noticeable market surge, driven by pension schemes eager to capitalise on their improved funded status, and take risk off the table.”According to Aon , the underlying bulk annuity market experienced its busiest first half-year ever between January and June this year, and 2018 as a whole was shaping up to become a record year.Last month Hymans Robertson reported that the combined value of buy-ins and buyouts so far this year had exceeded the value for the whole year in each year up until 2013.Sizeable recent de-risking deals include a £1.3bn pensioner buy-in for Siemens, a £850m buyout for PA Consulting, and a £2bn longevity swap for National Grid.last_img read more

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