A new format has been approved for the Champions League after years of debate about the best way forward for the competition. Here is an in-depth look at the changes.
What has been agreed to?
The biggest changes to the Champions League in a generation, starting from the 2024-25 season. A 36-team league phase will replace the current 32-team group phase. Each team will play eight matches instead of the current six. They will play four home and four away, against eight different opponents under a seeded 'Swiss system’.
The top eight in the league go straight to the last-16 knockout round as it is now – with the next 16 teams in the table entering a new play-off round for the remaining eight spots. In all, it means an increase in matches from 125 to 189.
If there are four extra qualifying places, who do these go to?
Two of them will go to clubs who have not qualified by the conventional route, but are the next-best finishers in the countries with the two best collective coefficient scores from the previous season. This score is calculated by awarding points for the performance of a country’s clubs in European competition. In four out of the past five seasons, this would have meant England gaining an extra place.
Uefa had previously proposed that these two places would be awarded based on an individual club’s coefficient score, based on performance over five seasons. This met with the approval of the European Club Association but was fiercely opposed by Europe’s domestic leagues and by fans’ groups, who said domestic performance alone should determine qualification and that it created a further safety net for the continent’s heavyweight clubs. It also created the possibility of big teams leapfrogging smaller teams who had finished above them into the top competition.
The third extra place in the new format goes to the team finishing third in the country ranked fifth in the Uefa country coefficient table – currently that is France. The fourth place would go to an additional domestic league winner via the champions qualification path.
Is this fair?
Uefa president Aleksander Ceferin believes that it promotes open competition and that it ensures qualification is based on sporting merit. However, the current coefficient system awards bonus points for group-stage qualification, which means countries with the most automatic qualifying berths – like England and Spain – are at an advantage from the outset in the race for the extra places.
Uefa argues it is a balanced system, and points to the fact that under this system, Holland would hypothetically secure the second coefficient place in next season’s competition, based on this year’s European performance across all three continental tournaments.
What else is new?
The possibility – however unlikely – of some countries having seven qualifiers in the new league phase of the Champions League in a single season.
England could have the top four finishers in the Premier League, a coefficient place and have the winners of the previous season’s Champions League and Europa League, if these were seven different clubs.
Also, clashes between teams from the same country could happen earlier than they do currently – at the new play-off round instead of at the quarter-final stage.
Are two-leg semi-finals going to be dropped?
This had been reported, amid suggestions Uefa could opt for a ‘week of football’ in a single city after seeing the success of playing the last eight in a single venue in 2019-20, which was enforced by Covid.
However, Uefa is not planning to press ahead with this.
What reaction has there been?
The Premier League believes its two major concerns – the increase from six to 10 games and the historic coefficient places – have been addressed by the proposals, and that it reserves weekends for domestic football. It will now look at the detail of the proposals to ensure there is a complementary balance between European and domestic football in the calendar, with Uefa competitions set to be played in January for the first time under the new model.
The ECA has welcomed the agreement and says it delivers on a number of key objectives.
The Football Supporters’ Association tweeted to say it was relieved that the coefficient proposal had been dropped after fan lobbying.
Why has Uefa done this?
More matches means more money ultimately. Revenue in the 2024-27 cycle had been projected to increase by almost 40 per cent compared to 2021-24.
Where will this extra money go?
That is the next battleground. The domestic leagues and fan groups want solidarity payments to increase to avoid the gap between the richest and the poorest growing, while the top clubs believe their commercial pulling power should afford them a greater share.
Villarreal 2 Liverpool 3 - player ratings
Roll of honour 2019-2020
Dubai Rugby Sevens
Winners: Dubai Hurricanes
Runners up: Bahrain
West Asia Premiership
Winners: Bahrain
Runners up: UAE Premiership
UAE Premiership
Winners: Dubai Exiles
Runners up: Dubai Hurricanes
UAE Division One
Winners: Abu Dhabi Saracens
Runners up: Dubai Hurricanes II
UAE Division Two
Winners: Barrelhouse
Runners up: RAK Rugby
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Company%C2%A0profile
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UAE currency: the story behind the money in your pockets
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
Sukuk explained
Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.
PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
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Company profile
Company: Verity
Date started: May 2021
Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif
Based: Dubai
Sector: FinTech
Size: four team members
Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000
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Profile of Hala Insurance
Date Started: September 2018
Founders: Walid and Karim Dib
Based: Abu Dhabi
Employees: Nine
Amount raised: $1.2 million
Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
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The Energy Research Centre
Founded 50 years ago as a nuclear research institute, scientists at the centre believed nuclear would be the “solution for everything”.
Although they still do, they discovered in 1955 that the Netherlands had a lot of natural gas. “We still had the idea that, by 2000, it would all be nuclear,” said Harm Jeeninga, director of business and programme development at the centre.
"In the 1990s, we found out about global warming so we focused on energy savings and tackling the greenhouse gas effect.”
The energy centre’s research focuses on biomass, energy efficiency, the environment, wind and solar, as well as energy engineering and socio-economic research.
European arms
Known EU weapons transfers to Ukraine since the war began: Germany 1,000 anti-tank weapons and 500 Stinger surface-to-air missiles. Luxembourg 100 NLAW anti-tank weapons, jeeps and 15 military tents as well as air transport capacity. Belgium 2,000 machine guns, 3,800 tons of fuel. Netherlands 200 Stinger missiles. Poland 100 mortars, 8 drones, Javelin anti-tank weapons, Grot assault rifles, munitions. Slovakia 12,000 pieces of artillery ammunition, 10 million litres of fuel, 2.4 million litres of aviation fuel and 2 Bozena de-mining systems. Estonia Javelin anti-tank weapons. Latvia Stinger surface to air missiles. Czech Republic machine guns, assault rifles, other light weapons and ammunition worth $8.57 million.
All the Money in the World
Director: Ridley Scott
Starring: Charlie Plummer, Mark Wahlberg, Michelle Williams, Christopher Plummer
Four stars
TCL INFO
Teams:
Punjabi Legends Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan
Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
When December 14-17