Mohamed Salah has been a top transfer target for Al Ittihad for much of the summer. Getty
Mohamed Salah has been a top transfer target for Al Ittihad for much of the summer. Getty
Mohamed Salah has been a top transfer target for Al Ittihad for much of the summer. Getty
Mohamed Salah has been a top transfer target for Al Ittihad for much of the summer. Getty

Al Ittihad renew interest in Mohamed Salah but Liverpool reluctant to sell


  • English
  • Arabic

Saudi Pro League champions Al Ittihad have renewed their interest in Mohamed Salah and are prepared to offer the Egyptian star a huge contract to make the move, although Liverpool are reportedly reluctant to sell their star player this summer.

Ittihad, who have signed Salah's former Liverpool teammate Fabinho as well as superstar striker Karim Benzema and World Cup-winning midfielder N'Golo Kante, had earlier identified Salah as a top target but it was understood that a deal was more likely to materialise next summer.

However, the Jeddah giants are reportedly determined to sign the 31-year-old Egypt international before the end of the transfer window, and having previously prepared a two-year contract understood to be worth €180 million, are ready to double that offer to tempt Salah into the move.

Ittihad believe a transfer fee of £52m ($65m) is a sensible bid to bring Liverpool to the negotiating table, although various reports claim the Reds have no intention of letting Salah leave.

Salah’s agent, Ramy Abbas Issa, had earlier this month dismissed speculation his client was close to leaving Liverpool for Saudi, posting on social media: “If we considered leaving [Liverpool] this year, we wouldn’t have renewed the contract last summer,” Issa wrote. “Mohamed remains committed to LFC.”

Salah signed a new three-year deal last summer, meaning he still has two years left on his contract and ensures Liverpool are not under immediate pressure to sell unless the Egyptian attempts to force the move. There has been no indication, throughout Ittihad's sustained interest, that Salah is angling to leave Anfield.

Should Salah indicate that he will not extend his Liverpool deal, then next summer will be the club's last chance to secure a transfer fee for him.

If Ittihad were to get a deal for Salah over the line, it would be one of the most impactful transfers in Saudi football history. Salah is the biggest Arab football star in the world and would continue to raise the profile and interest in the Saudi Pro League among Arab and global football fans.

Roberto Firmino and Sadio Mane, who alongside Salah formed a fearsome attack which fired Liverpool to the Premier League and Champions League titles, are already in Saudi having secured moves to Al Ahli and Al Nassr respectively.

Mohamed Salah's former Liverpool teammate Sadio Mane joined Al Nassr this summer. AFP
Mohamed Salah's former Liverpool teammate Sadio Mane joined Al Nassr this summer. AFP

Brazilian forward Firmino is part of a new-look Ahli side which also features Algerian star Riyad Mahrez, French winger Allan Saint-Maximin, defenders Roger Ibanez and Merih Demiral, goalkeeper Edouard Mendy, and midfielder Franck Kessie.

Mane, meanwhile, joined a Nassr team led by Cristiano Ronaldo, who moved to Saudi in January. The Riyadh club have also secured deals for defender Aymeric Laporte from Manchester City, winger Otavio, full-back Alex Telles, and midfielders Seko Fofana and Marcelo Brozovic.

Ittihad, Nassr and Ahli are three of four major Saudi clubs to have been taken over by Saudi Arabia's Public Investment Fund, which has provided significant financial support to transform the Saudi Pro League and attract some of football's biggest names.

The fourth club, Al Hilal, have also taken full advantage of their new spending power, breaking the league transfer record three times this summer, including the recent €90m deal for Brazilian star Neymar.

All the major Saudi Pro League transfers

  • Neymar – PSG to Al Hilal. Fee: ($98.5m). Contract: TBC (2 years). @Alhilal_FC / twitter
    Neymar – PSG to Al Hilal. Fee: ($98.5m). Contract: TBC (2 years). @Alhilal_FC / twitter
  • TOP SAUDI PRO LEAGUE DEALS 2023/24: Karim Benzema – Real Madrid to Al Ittihad. Fee: Free. Contract: $439 million (2 years). EPA
    TOP SAUDI PRO LEAGUE DEALS 2023/24: Karim Benzema – Real Madrid to Al Ittihad. Fee: Free. Contract: $439 million (2 years). EPA
  • N’Golo Kante – Chelsea to Al Ittihad. Fee: Free. Contract: $377.6m (2 years). EPA
    N’Golo Kante – Chelsea to Al Ittihad. Fee: Free. Contract: $377.6m (2 years). EPA
  • Sadio Mane – Bayern Munich to Al Nassr. Fee: $30.6m. Contract: $175.2m (4 years). Reuters
    Sadio Mane – Bayern Munich to Al Nassr. Fee: $30.6m. Contract: $175.2m (4 years). Reuters
  • Riyad Mahrez – Manchester City to Al Ahli. Fee: $38.4m. Contract: $150m (3 years). Reuters
    Riyad Mahrez – Manchester City to Al Ahli. Fee: $38.4m. Contract: $150m (3 years). Reuters
  • Jordan Henderson – Liverpool to Al Ettifaq. Fee: $15.3m. Contract: $140.4m (3 years). Reuters
    Jordan Henderson – Liverpool to Al Ettifaq. Fee: $15.3m. Contract: $140.4m (3 years). Reuters
  • Marcelo Brozovic – Inter Milan to Al Nassr. Fee: $19.7m. Contract: $114m (3 years). Getty
    Marcelo Brozovic – Inter Milan to Al Nassr. Fee: $19.7m. Contract: $114m (3 years). Getty
  • Kalidou Koulibaly – Chelsea to Al Hilal. Fee: $21.7m. Contract: $99m (3 years). AFP
    Kalidou Koulibaly – Chelsea to Al Hilal. Fee: $21.7m. Contract: $99m (3 years). AFP
  • Fabinho – Liverpool to Al Ittihad. Fee: $51m. Contract: $81.9m (3 years). PA
    Fabinho – Liverpool to Al Ittihad. Fee: $51m. Contract: $81.9m (3 years). PA
  • Malcom – Zenit St Petersburg to Al Hilal. Fee: $65.8m. Contract: $79.2m (4 years). AP
    Malcom – Zenit St Petersburg to Al Hilal. Fee: $65.8m. Contract: $79.2m (4 years). AP
  • Roberto Firmino – Liverpool to Al Ahli. Fee: Free. Contract: $66m (3 years). @ALAHLI_FC / Twitter
    Roberto Firmino – Liverpool to Al Ahli. Fee: Free. Contract: $66m (3 years). @ALAHLI_FC / Twitter
  • Sergej Milinkovic-Savic – Lazio to Al Hilal. Fee: $44m. Contract: $66m (3 years). Reuters
    Sergej Milinkovic-Savic – Lazio to Al Hilal. Fee: $44m. Contract: $66m (3 years). Reuters
  • Jack Hendry – Club Brugge to Al Ettifaq. Fee: $8.3m. Contract: $58.2m (3 years). AFP
    Jack Hendry – Club Brugge to Al Ettifaq. Fee: $8.3m. Contract: $58.2m (3 years). AFP
  • Ruben Neves – Wolves to Al Hilal. Fee: $60m. Contract: $55.2m (3 years). AFP
    Ruben Neves – Wolves to Al Hilal. Fee: $60m. Contract: $55.2m (3 years). AFP
  • Seko Fofana – Lens to Al Nassr. Fee: $27.4m. Contract: $45.9m (3 years). AFP
    Seko Fofana – Lens to Al Nassr. Fee: $27.4m. Contract: $45.9m (3 years). AFP
  • Allan Saint-Maximin – Newcastle United to Al Ahli. Fee: $32m. Contract: $38.1m (3 years). PA
    Allan Saint-Maximin – Newcastle United to Al Ahli. Fee: $32m. Contract: $38.1m (3 years). PA
  • Jota – Celtic to Al Ittihad. Fee: $32m. Contract: $36.9m (3 years). AFP
    Jota – Celtic to Al Ittihad. Fee: $32m. Contract: $36.9m (3 years). AFP
  • Edouard Mendy – Chelsea to Al Ahli. Fee: $20.4m. Contract: $36m (3 years). AFP
    Edouard Mendy – Chelsea to Al Ahli. Fee: $20.4m. Contract: $36m (3 years). AFP
  • Alex Telles – Manchester United to Al Nassr. Fee: $4.4m. Contract: $27m (3 years). AFP
    Alex Telles – Manchester United to Al Nassr. Fee: $4.4m. Contract: $27m (3 years). AFP
  • Moussa Dembele – Lyon to Al Ettifaq. Fee: Free. Contract: Unknown (4 years). AFP
    Moussa Dembele – Lyon to Al Ettifaq. Fee: Free. Contract: Unknown (4 years). AFP
  • Franck Kessie - Barcelona to Al Ahli. Fee: $13.7m. Contract: Three years. Getty
    Franck Kessie - Barcelona to Al Ahli. Fee: $13.7m. Contract: Three years. Getty

The four-time Asian champions have also signed midfielder Ruben Neves, winger Malcom, striker Aleksandar Mitrovic, midfielder Sergej Milinkovic-Savic, defender Kalidou Koulibaly, and goalkeeper Yassine Bounou.

Elsewhere, Steven Gerrard was appointed Al Ettifaq manager and made former Liverpool captain Jordan Henderson his key signing.

While Saudi clubs have enjoyed a successful transfer window, the same could not be said for Liverpool. Following the exits of Henderson and Fabinho, the Reds have been left short of midfielders and were twice beaten to key midfield targets, Moises Caicedo and Romeo Lavia, by rivals Chelsea.

Since joining Liverpool from Roma in 2017, Salah has been Liverpool's best player and one of the greatest in the club's history. He has scored 187 goals in 307 appearances and has won the Premier League Golden Boot three times.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20PlanRadar%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2013%3Cbr%3E%3Cstrong%3ECo-founders%3A%20%3C%2Fstrong%3EIbrahim%20Imam%2C%20Sander%20van%20de%20Rijdt%2C%20Constantin%20K%C3%B6ck%2C%20Clemens%20Hammerl%2C%20Domagoj%20Dolinsek%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EVienna%2C%20Austria%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EConstruction%20and%20real%20estate%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E400%2B%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20B%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Headline%2C%20Berliner%20Volksbank%20Ventures%2C%20aws%20Gr%C3%BCnderfonds%2C%20Cavalry%20Ventures%2C%20Proptech1%2C%20Russmedia%2C%20GR%20Capital%3C%2Fp%3E%0A
COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The biog

Favourite hobby: taking his rescue dog, Sally, for long walks.

Favourite book: anything by Stephen King, although he said the films rarely match the quality of the books

Favourite film: The Shawshank Redemption stands out as his favourite movie, a classic King novella

Favourite music: “I have a wide and varied music taste, so it would be unfair to pick a single song from blues to rock as a favourite"

Find the right policy for you

Don’t wait until the week you fly to sign up for insurance – get it when you book your trip. Insurance covers you for cancellation and anything else that can go wrong before you leave.

Some insurers, such as World Nomads, allow you to book once you are travelling – but, as Mr Mohammed found out, pre-existing medical conditions are not covered.

Check your credit card before booking insurance to see if you have any travel insurance as a benefit – most UAE banks, such as Emirates NBD, First Abu Dhabi Bank and Abu Dhabi Islamic Bank, have cards that throw in insurance as part of their package. But read the fine print – they may only cover emergencies while you’re travelling, not cancellation before a trip.

Pre-existing medical conditions such as a heart condition, diabetes, epilepsy and even asthma may not be included as standard. Again, check the terms, exclusions and limitations of any insurance carefully.

If you want trip cancellation or curtailment, baggage loss or delay covered, you may need a higher-grade plan, says Ambareen Musa of Souqalmal.com. Decide how much coverage you need for emergency medical expenses or personal liability. Premium insurance packages give up to $1 million (Dh3.7m) in each category, Ms Musa adds.

Don’t wait for days to call your insurer if you need to make a claim. You may be required to notify them within 72 hours. Gather together all receipts, emails and reports to prove that you paid for something, that you didn’t use it and that you did not get reimbursed.

Finally, consider optional extras you may need, says Sarah Pickford of Travel Counsellors, such as a winter sports holiday. Also ensure all individuals can travel independently on that cover, she adds. And remember: “Cheap isn’t necessarily best.”

Pros%20and%20cons%20of%20BNPL
%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
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

Company profile

Name: Fruitful Day

Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie

Based: Dubai, UAE

Founded: 2015

Number of employees: 30

Sector: F&B

Funding so far: Dh3 million

Future funding plans: None at present

Future markets: Saudi Arabia, potentially Kuwait and other GCC countries

INVESTMENT PLEDGES

Cartlow: $13.4m

Rabbitmart: $14m

Smileneo: $5.8m

Soum: $4m

imVentures: $100m

Plug and Play: $25m

Updated: August 25, 2023, 4:47 AM