Paul Pogba during Juventus's pre-season friendly against AC Milan in Carson, California, last week. Getty
Paul Pogba during Juventus's pre-season friendly against AC Milan in Carson, California, last week. Getty
Paul Pogba during Juventus's pre-season friendly against AC Milan in Carson, California, last week. Getty
Paul Pogba during Juventus's pre-season friendly against AC Milan in Carson, California, last week. Getty

Juve's clash with Real Madrid marks end of high-profile clashes before 'Year Zero' restart


Ian Hawkey
  • English
  • Arabic

The marquee fixtures are thinning out. Juventus, Serie A champions nine times in the past 12 years, had expected to play Barcelona in California to start their pre-season tour 11 days ago. That event was cancelled due to a sudden bout of illness in the opposition squad.

And the diary keeps on emptying. Juventus would normally have hoped that 22 wins and six draws in the league last season would be enough to take up their customary place in the European Champions League come September. But a series of past misdemeanours caught up with them.

Charges of false accounting against the club meant a 10-point deduction, leaving them seventh, not third – the reward for 72 points – in the table.

Uefa then examined how Juventus had misrepresented their balance sheets to the European governing body. They have imposed a year-long ban from their competitions. There will be no adventure even in the Conference League, the usual reward for seventh spot in Serie A in 2023/24.

So it is that when Juve take to the pitch in Florida against Real Madrid in a glorified friendly, they should cherish what it feels like to be in heavyweight company. It will be a while until the next encounter with a so-called superclub.

The league season begins later this month with games against Udinese, Bologna and Empoli. By the time Juve visit AC Milan in late October, the Champions League, the Europa League and the minor sibling of the Uefa hierarchy, the Conference League, will be up and running without any trace of Italy’s figurehead club.

It is a significant blow, a crossroads moment. Some Juve followers use the phrase "Year Zero" for what the coming season represents for a club who in each of the past 11 campaigns have always reached the knockout stages of a major Uefa tournament.

The "Year Zero" tag is resonant. Back in 2006, after Juventus executives had been found to have systematically manipulated referees in Serie A, the club was punitively relegated to the second division. They called it Year Zero then: a fresh start, a reboot. Five years later, a recovered Juventus embarked on a run of nine successive league titles.

This new setback is less dramatic and, so far, less of a reboot. With a month left of the transfer window, what should be a significant transition summer remains stuck in the strategic starting blocks.

The Juventus head coach, Max Allegri, embarking on his eighth season in charge of the club – that’s across two spells – wants a new, Champions League-calibre centre-forward but, working with a new sporting director, Cristiano Giuntoli, is also being reminded that, with only Serie A and the Coppa Italia in the diary and no Uefa revenue stream ahead, the roster needs substantial trimming.

It’s a process that has been stubborn to get going. Sizeable salaries need removing from the wage bill. Who might come in for surplus Leo Bonucci, who in May played his 500th game for Juventus? Bonucci, 36, helped Italy win the last European Championship and hopes to lead his country in the defence of that title next summer. But at the moment he is not in the US with his club, excluded from the pre-season tour and not in Juventus’ plans for the final season of his contract, which expires next June.

Prospective moves to other Italian clubs have fallen through, although there is reported interest in Bonucci from Ajax.

Some high earners have left, like Angel di Maria, Leandro Paredes and the long-serving Juan Cuadrado. Paul Pogba, who made such a spectacularly ill-starred return to Juve a year ago, remains, in his uncomfortable, high-cost limbo.

  • French midfielder Paul Pogba arrives for his medical at Juventus on July 9, 2022. EPA
    French midfielder Paul Pogba arrives for his medical at Juventus on July 9, 2022. EPA
  • Paul Pogba gives the thumbs up as he arrives at the J Medical Centre in Turin. AP
    Paul Pogba gives the thumbs up as he arrives at the J Medical Centre in Turin. AP
  • More than 1,000 fans welcomed Paul Pogba back home as he returned to Juventus on a free transfer from Manchester United. AP
    More than 1,000 fans welcomed Paul Pogba back home as he returned to Juventus on a free transfer from Manchester United. AP
  • Midfielder Paul Pogba acknowledges fans as he arrives for his medical in Turin. AP
    Midfielder Paul Pogba acknowledges fans as he arrives for his medical in Turin. AP
  • The French international arrived in Turin to complete his return to Italian Serie A side Juventus on a free transfer. EPA
    The French international arrived in Turin to complete his return to Italian Serie A side Juventus on a free transfer. EPA
  • New Juventus' player Paul Pogba arrives at the J Medical Centre. EPA
    New Juventus' player Paul Pogba arrives at the J Medical Centre. EPA

The midfielder arrived injured from Manchester United last July, then suffered another grave injury and managed a single start for Juve in the entire 2022/23 campaign. There is no clarity about his fitness for the start of this Year Zero season.

Allegri’s current squad is 37 strong, too many players for a season with no midweek European commitments, but insufficiently potent, by the head coach’s reckoning, at centre-forward, where Dusan Vlahovic, the €70 million-plus purchase of 18 months ago, has not yet matched expectations.

Hence Juve’s interest in Romelu Lukaku, for sale at Chelsea, from whom he spent last season on loan at Internazionale. The Belgian is on record – from 2021 – as saying he would never consider joining Juventus, but has given partial blessing to a possible move to Juve if terms, possibly involving a loan or swap with Vlahovic, can be agreed.

“We have a good base,” insists Allegri, “Last year we finished third [in Italy] in terms of our performances on the pitch. But we have to see what the team looks like at the end of the transfer market.”

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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 

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Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Updated: August 02, 2023, 3:10 AM