It is arguably the coollest trick in football when done right – but nothing is more cringeworthy than when it goes wrong.
Achraf Hakimi was a vision of Baltic poise as he feathered his penalty straight down the middle of Unai Simon’s goal to give Moroccan football its greatest moment on Tuesday night.
The effort sent the African side past Spain, and through to a World Cup quarter-final against Portugal.
It was also a new entry near the top of the charts for all-time great “Panenkas”.
Here is a list of five of the best – as well as five of the worst fails.
HITS
Antonin Panenka (Czechoslovakia v West Germany, 1976). Beating the Germans on penalties is flash enough. Doing it in such cool fashion the manoeuvre would forever be named after you? What a dude.
Achraf Hakimi (Morocco v Spain, 2022). Against the country of his birth. To give his country of origin their greatest ever win. Not so much cool as Arctic.
Andrea Pirlo (Italy v England, 2012). The epitome of cool. And the penalty wasn’t bad, either.
Zinedine Zidane (France v Italy, 2006). Added a frisson of drama by chipping it in off the underside of the bar, and just over the line. All part of a nice quiet night for the retiring France great …
Omar Abdulrahman (UAE v Japan, 2015). One of the biggest upsets in Asian Cup history, and perhaps UAE’s greatest ever win. In the midst of the shoot-out, their maestro dinked in a Panenka.
MISSES
Gary Lineker (England v Brazil, 1992). One short of Sir Bobby Charlton’s record number of goals for England, he botched his showy penalty in a pre-Euro 1992 friendly at Wembley.
Eric Cantona (Bordeaux v Beauvais, 1989). So much swagger, he juggled the ball all the way from halfway to the spot in a French Cup shoot out. Then his chip was so heroically limp in barely reached the goalline.
Sergio Aguero (Manchester City v Chelsea, 2021). Chipped the ball into Edouard Mendy’s hands, sparking a comeback which at least briefly delayed City’s inevitable Premier League title charge.
Aleksandar Mitrovic (Serbia v Montenegro, 2018). Thrillingly prolific - except when attempting Panenkas. “I have no idea why I’ve done that,” he said, after ballooning his penalty over the bar.
Ademola Lookman (Fulham v West Ham United, 2020). His horror effort cost his side vital points in the battle against relegation. “I couldn't even describe the devastation,” he later said of the incident.
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
