New Barcelona player Vitor Roque is unveiled at Camp Nou. Getty Images
New Barcelona player Vitor Roque is unveiled at Camp Nou. Getty Images
New Barcelona player Vitor Roque is unveiled at Camp Nou. Getty Images
New Barcelona player Vitor Roque is unveiled at Camp Nou. Getty Images

The boys from Brazil: Teen sensations Vitor Roque and Endrick tipped for the top


Ian Hawkey
  • English
  • Arabic

It was not long into January 2014 that judicial questions started to be asked about the details of the transfer of Neymar from Santos to Barcelona. In time, the buying club would yield a huge fortune on the back of his talent and fame, but it had been costlier than Barca initially admitted to export Neymar from Brazil.

A decade on from the first investigations into exactly how, and for how much Neymar moved to European football, the legacy of that seismic transfer is still being felt.

Neymar, now 31 and enduring a long recuperation from the injury that has hampered the third big move of his storied club career – to Al Hilal in Saudi Arabia – has fetched combined fees in excess of €400 million. That’s a total that endorses predictions, made through his teenage years, that he would be the game’s leading standard-setter for his generation.

There will be various judgements, from Catalonia, and from Paris, where PSG set a lasting record when they triggered Neymar’s vast €222 million buyout clause to lure him from Barca, about how close Neymar has ever truly come to being among the very best individuals in his sport.

But at 21, as a wonderfully inventive, brave dribbler, he was close to the perfect epitome of what so many European superclubs desire in a new signing. He was young, he was heir to the great Brazilian tradition of flair and courage on the ball. And he was more intriguing for being a little unknown to European audiences.

There are hundreds of past stories of potential wunderkinds from Brazil failing to live up to expectations once across the Atlantic, but the seductive idea of such stars-in-the-making never wears out. The 2024 winter transfer window is only a few days old, and already its major headliners are boys from Brazil.

There’s Lucas Beraldo, recently turned 20 and signed by Paris Saint-Germain from Sao Paulo. He’s a central defender, so harder to hype up as a glamour purchase, but at a club whose rise over the last dozen years has had major roles for Thiago Silva and Marquinhos, Brazilian centre-backs have a cachet.

Far more fanfare has surrounded Vitor Roque, whose anticipated presentation to Barcelona supporters has been previewed by a noisy mixture of self-congratulation by the buying club, who have tracked him for years and have now signed him from Athletico Paranaense, and the usual anxiety about whether Barca’s taut finances allow him to be registered with La Liga.

Vitor Roque only turns 19 in February, has been a hot striking prospect through most of his teenagers, made his full Brazil debut last year and is easily imagined as the refreshing ingredient Barcelona needs, with the defence of their Liga title looking ragged and their chief source of goals Robert Lewandowski in irregular form. Lewandowski is 35; Vitor Roque carries dreams for the longer term.

New Real Madrid signing Endrick at the Santiago Bernabeu. Reuters
New Real Madrid signing Endrick at the Santiago Bernabeu. Reuters

He arrives at Barca 10 seasons after Neymar did, and 20 after the transformative signing of Ronaldinho. Those precedents apply their own pressure on a would-be wonder boy from Brazil, as does the regular comparison of Vitor Roque with Endrick, his compatriot, a hugely exciting forward with whom Real Madrid already have an agreement.

Endrick, of Palmeiras, will join Madrid in the summer, once he has turned 18, in the same way Vinicius Junior and Rodrygo, two of Madrid’s finest recent recruits from Brazil, did.

Looming ahead for Vitor Roque and Endrick is a 2024 where their relative talents, their effectiveness in a new league and their marketability will all be measured within the context of the Barca-Madrid rivalry. That’s the same rivalry, the fierce desire of each club to look like the shrewder talent scouts that framed that first big move of Neymar’s career.

As various legal probes would later discover, the true costs of Neymar’s transfer – upwards of €80 million – from Santos to Barca were very steep. What was clear even before the player turned 18 was that all parties with a stake in selling him were in a powerful negotiating position. Real Madrid wanted him; so did their major rivals. The auctioning was determined.

Senior executives from both clubs acknowledged that in a courtroom in Catalonia years later. “We shook hands on a deal on a Friday, and then on the Monday we were told Real Madrid had offered more,” recalled Raul Sanllehi, then a senior Barca director. “We were interested,” Florentino Perez, the Madrid president said of a rare instance where his club were gazumped in the market.

The fee Barca later collected, even if they did not want to sell Neymar to PSG in 2017, caused more envy, although the careless ease with which Barcelona squandered that €222 million in subsequent transfer windows – well over half went on Philippe Coutinho, a very unhappy figure in the history of Camp Nou’s Brazilians – makes their Neymar legacy a bittersweet one.

But his long shadow still lingers. Vitor Roque will hear Neymar referenced often in his new home. And every youthful, hyped-up young superstar who makes that first journey from Brazil to Europe knows he travels with a special, heightened expectation.

Crazy Rich Asians

Director: Jon M Chu

Starring: Constance Wu, Henry Golding, Michelle Yeon, Gemma Chan

Four stars

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2024%20Dubai%20Marathon%20Results
%3Cp%3E%3Cstrong%3EWomen%E2%80%99s%20race%3A%3C%2Fstrong%3E%0D%3Cbr%3E1.%20Tigist%20Ketema%20(ETH)%202hrs%2016min%207sec%0D%3Cbr%3E2.%20Ruti%20Aga%20(ETH)%202%3A18%3A09%0D%3Cbr%3E3.%20Dera%20Dida%20(ETH)%202%3A19%3A29%0D%3Cbr%3EMen's%20race%3A%0D%3Cbr%3E1.%20Addisu%20Gobena%20(ETH)%202%3A05%3A01%0D%3Cbr%3E2.%20Lemi%20Dumicha%20(ETH)%202%3A05%3A20%0D%3Cbr%3E3.%20DejeneMegersa%20(ETH)%202%3A05%3A42%3C%2Fp%3E%0A
Evacuations to France hit by controversy
  • Over 500 Gazans have been evacuated to France since November 2023
  • Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
  • The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
  • Artists and researchers fall under a programme called Pause that began in 2017
  • It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
  • Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
  • Unlike students, they are allowed to bring their families to France
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

SQUADS

South Africa:
Faf du Plessis (capt), Hashim Amla, Temba Bavuma, Farhaan Behardien, Quinton de Kock (wkt), AB de Villiers, JP Duminy, Imran Tahir, David Miller, Wayne Parnell, Dane Paterson, Andile Phehlukwayo, Dwaine Pretorius, Kagiso Rabada
Coach: Ottis Gibson

Bangladesh:
Mashrafe Mortaza (capt), Imrul Kayes, Liton Das (wkt), Mahmudullah, Mehidy Hasan, Mohammad Saifuddin, Mominul Haque, Mushfiqur Rahim (wkt), Mustafizur Rahman, Nasir Hossain, Rubel Hossain, Sabbir Rahman, Shakib Al Hasan, Soumya Sarkar, Tamim Iqbal, Taskin Ahmed.
Coach: Chandika Hathurusingha

Key findings
  • Over a period of seven years, a team of scientists analysed dietary data from 50,000 North American adults.
  • Eating one or two meals a day was associated with a relative decrease in BMI, compared with three meals. Snacks count as a meal. Likewise, participants who ate more than three meals a day experienced an increase in BMI: the more meals a day, the greater the increase. 
  • People who ate breakfast experienced a relative decrease in their BMI compared with “breakfast-skippers”. 
  • Those who turned the eating day on its head to make breakfast the biggest meal of the day, did even better. 
  • But scrapping dinner altogether gave the best results. The study found that the BMI of subjects who had a long overnight fast (of 18 hours or more) decreased when compared even with those who had a medium overnight fast, of between 12 and 17 hours.
Company%20profile
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Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
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Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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Squid Game season two

Director: Hwang Dong-hyuk 

Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

If you go

The flights Etihad (www.etihad.com) and Spice Jet (www.spicejet.com) fly direct from Abu Dhabi and Dubai to Pune respectively from Dh1,000 return including taxes. Pune airport is 90 minutes away by road. 

The hotels A stay at Atmantan Wellness Resort (www.atmantan.com) costs from Rs24,000 (Dh1,235) per night, including taxes, consultations, meals and a treatment package.
 

Updated: January 04, 2024, 6:04 AM