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PSG on ‘different level’ – are they building greatest European dynasty?

Some find success sweet but fleeting, others spend years building to the pinnacle, and then there are those whose lasting glory evolves into a dynasty.

After tearing Manchester City apart in large spells of their 4-2 Champions League victory on Wednesday, Paris St-Germain look well on track to join the latter bracket.

The back-to-back European champions sliced through City with astonishing ease to take a 3-0 lead into half-time, and were still able to score another despite a spirited second-half fightback from the Premier League leaders.

After obliterating Inter Milan 5-0 in the 2025 final before squeezing past Arsenal on penalties in last season’s showpiece game, Luis Enrique’s side are aiming to win a third consecutive European crown.

They would be the fifth team to do so going back to 1956, and just the second in the Champions League era.

“This PSG team are on a different level,” Chris Sutton told BBC Radio 5 Live at half-time.

“They have just run all over Manchester City, who haven’t been able to string passes together. It’s been an absolute pummelling for Man City.”

To mark PSG’s latest display of attacking excellence, we’re looking at how the Parisians compare to those clubs who have enjoyed the most dominant eras in European competition.

Some will point out that football existed before the European Champion Clubs’ Cup began in 1955 – so apologies to Stan Cullis’ ‘world-champion’ Wolves outfit and the Mitropa Cup’s early Vienna heavyweights.

However, this top 10 debate is centred around winning European football’s grandest prize.

Paris St-Germain 2025-present

OK, straight in with the current champions, because this is a dynasty in the making.

Paris St-Germain are hoping to enter that bracket and the 4-2 win against Manchester City on Wednesday reminded the rest of Europe why you shouldn’t bet against them becoming continental champions for a third successive season.

PSG had a lacklustre start to the domestic season – they always do, don’t they? – but boast an uncanny ability to click into gear when it matters.

In Manchester, Luis Enrique’s side were at their unstoppable best. A ruthless blend of silky flicks and slick off-the-ball movement that saw a dazed City caught several frames behind.

“Unbelievable. PSG, what a team,” Sutton said.

“PSG’s press, I don’t think there’s another team that press with their intensity and ferocity.

“This [City] is one of the best teams in the Premier League getting an absolutely roasting. This is them [PSG] having a slow start to the season. Heaven help everyone.”

The Parisians have been France’s most dominant force since the arrival of Qatar Sports Investments 15 years ago, but it took a change of approach for the holy grail of continental success to arrive.

“It’s the end of the glitter,” professed president Nasser Al-Khelaifi after years of lavish spending, ushering out the “flashy, bling-bling” era.

Instead, Enrique arrived in 2023 intent on building a coherent team. There was still significant investment, but on younger players who could be moulded by his philosophy and discipline while given room to flourish.

The result was two scintillating Champions League triumphs.

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US mortgage rates hit their highest level in three years | Housing News

Rising borrowing costs have pushed mortgage applications to lowest level since February 2025.

Mortgage rates in the United States have hit their highest level in nearly three years, as cost-of-living concerns weigh on Americans less than a month before the midterm elections.

The average cost for a 30-year fixed-rate mortgage jumped 19 basis points to 7.49 percent for the week ending October 2 , according to the Mortgage Bankers Association’s weekly report released on Wednesday.

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Meanwhile, applications for mortgages tumbled 4.2 percent from the previous week, according to the report. Applications are at their lowest level since February 2025 and have fallen by almost half since the beginning of the year.

“Very few homeowners have an incentive to refinance at these rates, and the jump in borrowing costs has caused many potential borrowers to step back from the purchase market,” Joel Kan, vice president and deputy chief economist at the Mortgage Bankers Association, said in a press release.

Mortgage rates are closely tied to US 10-year Treasury notes. Earlier this week, those hit a 24-year high of 5.3 percent amid surging oil prices tied to ongoing tensions with Iran.

Meanwhile, the yield on 30-year Treasury bonds rose to its highest level since 2002, at 5.7 percent on Wednesday.

Mortgage rates have jumped since late February, when the US and Israel first struck Iran. Since the strikes, mortgage rates have climbed 1.4 percent. Inflation, which has risen by 3.4 percent from a year ago, is also putting pressure on mortgage rates.

It comes as the cost of living is top of mind for voters as they approach the congressional midterm elections that could decide the balance of power in Washington, DC. According to a Reuters/Ipsos poll in late August, 47 percent of voters said that the cost of living was the single most important issue ahead of the midterms.

In a separate Reuters/Ipsos poll in September, 17 percent of voters said they approved of US President Donald Trump’s handling of cost of living-related issues.

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NFL Referees Assn. to challenge ‘excessive’ suspensions of 2 officials

The NFL Referees Assn. says the suspensions handed out by the league to two game officials this week went too far and that it will attempt to get them reduced.

On Monday, the NFL issued a two-game suspension for line judge Jeff Seeman and a one-game suspension for referee Adrian Hill for separate instances of “unprofessional conduct toward a player” during games they were working the previous day.

The NFLRA said in a news release Tuesday that it “believes the suspensions imposed by the NFL on two officials following incidents this past weekend were excessive and inconsistent with past precedent.”

“Given these concerns, the NFLRA will challenge the severity of those suspensions and meet with the NFL Officiating Department to discuss the League’s disciplinary standards,” the NFLRA said. “The association also plans to meet with NFL Players Association leadership to address on-field conduct and the growing levels of confrontation between players and officials.”

Late in the Arizona Cardinals’ 36-24 loss to the New York Giants, Cardinals tight end Trey McBride argued a non-call with Seeman. A video of part of the interaction between McBride and Seeman, posted on X by ESPN’s Adam Schefter, appears to show the line judge shouting profane language at McBride.

“This kind of behavior from an official towards a player is unacceptable,” NFL Players Assn. executive director JC Tretter wrote with a repost of the footage. “Players are consistently held accountable when the roles are reversed. We expect the NFL to hold officials to the same standard.”

Early in the Minnesota Vikings’ 15-10 victory over the Miami Dolphins, Vikings linebacker Eric Wilson appeared to be shoved into Hill, who was knocked to the ground. When Wilson attempted to help Hill to his feet, the official jumped up and appeared to yell at the player and point for him to move away.

“I ended up apologizing to him and explained the situation,” Wilson told reporters after the game. “He was cool about it. He understood what was happening. He just said he was trying to get me — he didn’t want us fighting apparently, me and the Dolphins guy. So he was just trying to break us up.”

NFLRA executive director Scott Green acknowledged that both officials “fell short” in conducting themselves professionally on the field, but he also suggested that players often do the same.

“Officials are routinely subjected to highly charged interactions and, at times, verbal abuse from players and coaches,” Green said in the association’s news release. “While that never excuses misconduct by an official, it shouldn’t be dismissed as simply part of the game. The League expects the highest level of professionalism from its officials, and it should demand the same from everyone on the field.

“We will defend the principle that discipline must be fair, consistent and proportionate,” Green continued. “Holding officials accountable while ignoring or minimizing the conduct directed at them is neither fair nor an effective way to address this issue. We look forward to working with the League and NFLPA toward that shared goal.”

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Lincoln Riley backs coordinator Gary Patterson amid USC woes

When Lincoln Riley hired Gary Patterson to be his third defensive coordinator in five seasons, the USC head coach naturally pointed to Patterson’s impressive track record.

His reputation, after all, was as one of the great defensive minds in the modern history of college football, a coach who, at Texas Christian, knew how to get more out of lesser talent. It stood to reason that he could do the same at USC, where they’d just signed the nation’s No. 1 recruiting class. And through the spring and summer, that appeared to be the case, as coaches and players alike raved about their new coordinator, who earlier this year was enshrined in the College Football Hall of Fame.

But as the Trojans approach the midway point of an increasingly tense campaign, Patterson and his defense have fallen drastically short of those expectations.

As USC welcomes Washington to the Coliseum with its season on the brink, its defense is currently allowing more than 6.14 yards per play, good for 115th nationally. The secondary, which has struggled with consistent miscommunication, is allowing 8.4 yards per pass play — more than either of former coordinator Alex Grinch’s defenses allowed at USC. And big plays are becoming a big problem. Only three defenses the country have allowed more explosive plays of 20-plus yards than USC (23), which is also in line with Grinch’s defenses.

USC coach Lincoln Riley and defensive coordinator Gary Patterson talk after a loss to Oregon at the Coliseum.

USC coach Lincoln Riley and defensive coordinator Gary Patterson talk after a loss to Oregon at the Coliseum on Saturday.

(Ronaldo Bolanos/Los Angeles Times)

And all this despite the fact four of the Trojans’ first five games were against opponents who were expected to struggle against USC’s far superior talent.

Patterson has yet to answer questions about those early results. That’s because unlike Riley’s first two defensive coordinators at USC, who spoke at least weekly, Patterson has not spoken to reporters since the preseason.

Without any explanation from him for USC’s early issues, the numbers don’t exactly paint a promising portrait of Patterson’s season. But while Riley acknowledged that the defense has “had some breakdowns at all levels” and must “play tighter in all areas,” the coach insisted Thursday that the Trojans were close to reaching their potential on defense, again reassuring that there was “a lot of good on tape” on that side of the ball.

“We don’t necessarily need any level of the defense to make this massive jump,” Riley said. “We just need each level to play a little bit better and each level to play a little bit better together.”

Outside of USC’s Week 1 shutout of Fresno State, though, the Trojans haven’t looked particularly good at any level of the defense. The pass rush has been lacking, with only three sacks across USC’s four other games. And on the back end, the Trojans continue to be caught flat-footed, with defensive backs out of position.

One former USC defensive back, Max Williams, posited on social media that the Trojans’ secondary appeared to be getting the defensive calls too close to the snap of the ball. In another social media breakdown by a former Trojan player, former quarterback Max Browne suggested that USC’s defensive backs were often out of position before the play began, putting them behind.

Those problems have seemingly been exacerbated the past two weeks in Big Ten play, as Rutgers and Oregon combined to pile up 964 yards on USC’s defense. And the Ducks did it with a backup quarterback at the helm in Dylan Raiola, who converted all seven of his third- and fourth-down pass attempts.

Patterson’s defense will have another tough test this week in Washington quarterback Demond Williams Jr., who’s just as much a threat with his legs as his arm. The Trojans already had trouble with a dual-threat quarterback earlier this season, allowing Louisiana’s Lunch Winfield to rush for 94 yards during a Week 2 Trojans win.

Any further struggles from here for USC’s defense could spiral in a hurry. The Trojans travel to Penn State next weekend and still have No. 5 Indiana and No. 6 Ohio State on the schedule. They’ll have to win two of those three, plus all their other games, if they still hope to contend for the College Football Playoff.

Those hopes hinge largely on Patterson, who Riley bet before the season would finally bring him salvation on the defensive end.

Riley still has faith that bet will pay off. Mostly because “there’s very few that have been through as much as he has.”

“Trust me, nobody takes it more personal than him or takes more responsibility than he does,” Riley said of Patterson. “He’s done this for a long time. He’s done it at a high level. And there’s nobody, you know, more committed to getting it fixed.”

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US consumer confidence hits its lowest level since 2014 ahead of midterms | Business and Economy News

Rising goods and fuel costs are cited as key factors in the sharp drop in consumer confidence.

United States consumer confidence has fallen to its lowest level since 2014, just over one month before the congressional midterm elections.

Consumers pointed to higher costs for goods and services as the primary reason for the decline, according to The Conference Board, which released its monthly report on Tuesday.

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“The Consumer Confidence Index deteriorated notably in September, following two prior months of softening,” Dana M Peterson, chief economist at The Conference Board, said in a release announcing the report.

Consumers pointed to higher prices at the pump as one of the driving factors. The average price for a gallon (3.78 litres) of petrol has jumped 37 cents over the past month, according to the American Automobile Association (AAA), which tracks daily petrol prices. The average price stood at $4.45 on Tuesday, compared with $4.08 a month ago.

“Oil and gas prices in particular rose to new heights, reflecting September’s surge in fuel costs. Comments about war/conflict eased this month but remained elevated,” Peterson said.

The consumer confidence report comes a day ahead of a key inflation report that the Federal Reserve uses to gauge the state of inflation, the personal consumption expenditures (PCE) index, which was up 3.7 percent in June from a year earlier.

The US central bank raised interest rates for the first time in three years earlier this month, driving up costs of credit cards and car and bank loans. It is set to make another decision on interest rates at its October 27-28 meeting, putting pressure on Republicans as consumer sentiment tumbles across political affiliations.

Consumer confidence fell among all political affiliations, according to the report, the second-to-last major consumer confidence reading before the midterm elections, which will determine the balance of power in Washington, DC.

US consumers think the Democratic Party would handle the economy better than their Republican counterparts, with 42 percent saying Democrats would do a better job compared with 34 percent for Republicans, according to a recent Marist poll.

US markets are only slightly lower as the trading day comes to a close. The tech-heavy Nasdaq closed down 0.08 percent, the Dow Jones Industrial Average declined 0.2 percent and the S&P 500 was down 0.1 percent.

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Arab News | Saudi Arabia’s TASI maintains level to close at 10,779

JEDDAH: Saudi Arabia’s Tadawul All Share Index held firm on Wednesday, losing just 1.66 points, or 0.02 percent, to close at 10,779.96 

As investors traded around 168 million shares worth nearly SR3.5 billion ($933 million), 113 stocks advanced and 147 declined. 

The Kingdom’s parallel market Nomu lost 2.77 points, or 0.01 percent, to close at 21,376.05, with 30 companies gaining and 33 declining. The MSCI Tadawul 30 Index also fell 0.08 points, or 0.01 percent, to close at 1,450.01. 

Market movers 

The main market’s top performer was Raydan Food Co., whose share price increased 10 percent to end the session at SR16.28, while Nofoth Food Products Co. recorded a 9.87 percent increase to close at SR6.57.

Ataa Educational Co. also increased 4.75 percent to end the day at SR42.76. 

On the losing side, Armah Sports Co. decreased 4.92 percent to close at SR67.60, while Flynas Co. declined 4.46 percent to end the session at SR42.02.

Sumou Real Estate Co. also declined 4.13 percent to close at SR25.08. 

Corporate disclosures 

Saudi Vitrified Clay Pipes Co. said Laffan Pipes Co., or Laffan Saudi, has been converted from a one-person limited liability company into an unlisted Saudi joint stock company with issued capital of SR45.5 million, according to a Tadawul filing. 

Laffan Pipes Factory Co. of Qatar has completed its admission as a shareholder through a capital increase against an in-kind contribution, giving it a 45 percent stake in Laffan Saudi, while SVCP retains the remaining 55 percent. 

Laffan Saudi’s issued capital comprises 45.5 million ordinary shares, each with a nominal value of SR1, and has been fully paid through in-kind contributions.  

The development follows an MoU signed between the two companies in February 2024 and a partnership agreement signed about six months later. 

SVCP’s shares declined 3.12 percent to close at SR17.99. 

In another disclosure, Umm Al-Qura for Development and Construction Co. said it signed an agreement to sell a 2,500-sq.-meter plot within Masar Destination in Makkah to Rawajeh Real Estate Co. for SR168.91 million. 

The boulevard-facing plot, located in Zone 2 of Masar Destination, has a book value of SR76.01 million. 

Umm Al-Qura, whose shares rose 2.50 percent to SR17.20, said the sale is part of its development strategy for Masar Destination, with the plot to be developed as a residential tower.

The transaction is expected to have a positive impact on liquidity and financial results, with proceeds to be used to finance working capital and ongoing projects. 

In a separate Tadawul filing, CATRION Catering Holding Co. said it signed an agreement with Air Arabia DMM Co. to provide inflight catering services under a five-year contract valued at an estimated SR200 million.  

Under the agreement, CATRION will provide inflight catering services, sell onboard food, beverages and other supplies, and provide logistics services to Air Arabia.  

The agreement was signed on Sept. 15 and is expected to have a financial impact beginning in the fourth quarter of 2026. 

CATRION, whose share price fell 0.74 percent to SR67.25, said the agreement is part of its strategy to sustain business, strengthen long-term partnerships with airline-sector clients, support growth, diversify revenue streams and enhance operational efficiency. 



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