Ramon Diaz has left Al Hilal to return to his native Argentina for family reasons. AP Photo
Ramon Diaz has left Al Hilal to return to his native Argentina for family reasons. AP Photo
Ramon Diaz has left Al Hilal to return to his native Argentina for family reasons. AP Photo
Ramon Diaz has left Al Hilal to return to his native Argentina for family reasons. AP Photo

Ramon Diaz thanks Al Hilal 'for everything' as he leaves club for personal reasons


John McAuley
  • English
  • Arabic

Ramon Diaz bid a heartfelt goodbye to Al Hilal after deciding to return to Argentina for family reasons, with his son Emiliano Diaz to take charge of the team for the remainder of the season.

Diaz, 63, posted the announcement on his social media on Sunday night, only days following Hilal’s King’s Cup final victory against Al Wehda.

The Argentine, in his second stint as Hilal manager, said he needed to go back to his homeland to be with his family. In March, Diaz’s other son Michael was involved in a car crash in Buenos Aires that killed his wife, Barbara Oliver, and the driver of the other vehicle, Aldo Flaque.

Michael Diaz and his young son Milo are said to have experienced relatively minor injuries.

At the time, Ramon Diaz travelled back to Argentina, but soon resumed his work with Hilal. Earlier this month, the reigning Asian champions lost the Champions League final to Japan’s Urawa Red Diamonds, but responded on Friday by securing a 10th King’s Cup.

Hilal prevailed 7-6 in the shoot-out against Wehda after the match in Jeddah finished 1-1.

In Sunday’s video, Diaz said: "First of all, I want to thank the fans, the administration, the players, for the opportunity they gave me to be in this great club. But I am living a difficult, complicated moment, a situation for which I have to return to Argentina, to accompany my family.

“I want to thank all of Saudi Arabia for how they have treated me, for everything they have given me. I thank them and I apologise again, I love you very much and surely Al Hilal will continue to win."

Hilal, the current Saudi champions, are almost certainly out of the title race as they enter the final five matches of their league campaign. They sit fourth in the table, 11 points off leaders Al Ittihad, who have played a game more.

Hilal host Ittihad in a huge match on Tuesday. The Jeddah club lead the standings by five points from Cristiano Ronaldo’s Al Nassr.

In a statement on Sunday, Hilal said: “The board of directors of Al Hilal Club has approved the request made by the Argentinian manager of the first football team, Ramon Diaz, to leave to his country to follow up the situation of his family after a car accident that resulted in one death and two injuries among his family members.

“It has been decided that the assistant coach, Emiliano Diaz, will take over coaching duties with the rest of the coaching staff who will continue leading the remaining matches of the sports season.”

SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2a)
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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

RESULTS

5pm: Maiden | Dh80,000 |  1,600m
Winner: AF Al Moreeb, Tadhg O’Shea (jockey), Ernst Oertel (trainer)

5.30pm: Handicap |  Dh80,000 |  1,600m
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6pm: Handicap |  Dh80,000 |  2,200m
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6.30pm: Handicap |  Dh85,000 |  2,200m
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7pm: Shadwell Farm for Private Owners Handicap |  Dh70,000 |  2,200m
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7.30pm: Handicap (TB) |  Dh100,000 |  1,600m
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Company%20Profile
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The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

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Louis Armstrong: his legacy is undeniable. He is considered as one of the most revolutionary and influential musicians.

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Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures

Section 375

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