Erling Haaland signs 10-year contract extension with Manchester City

Erling Haaland has committed his long-term future to Manchester City, signing a 10-year contract extension with the Premier League champions.

City signed Haaland from Borussia Dortmund in May 2022 on a five-year contract for a fee of €60 million. The new agreement ties Haaland to the Etihad Stadium until 2034.

The Norwegian has proved a sensation in his two-and-a-half seasons at the club, scoring 111 goals in all competitions, breaking a host of records and winning titles galore.

In a statement released by City, Haaland said: “I am really happy to have signed my new contract and to be able to look forward to spending even more time at this great club.

“Manchester City is a special club, full of fantastic people with amazing supporters and it’s the type of environment that helps bring the best out of everybody.

“I also want to thank Pep [Guardiola], his coaching staff, my teammates and everyone at the club as they have all helped me so much in the past couple of years. They have made this such a special place to be and now I am City no matter what.

“Now I want to keep developing, keep working to get better and look to do my best to try and help us achieve more success going forward.”

Haaland scored 35 league goals in 36 games – a record for a single campaign – and 52 in 2022/23 as City won the Premier League, FA Cup and a first Uefa Champions League trophy.

City would go on to collect a clean sweep of trophies that year by adding the Uefa Super Cup and Fifa Club World Cup to their collection.

Haaland scored 27 league goals as City created history last season by becoming the first English club to win four top-flight titles in a row. Despite being sidelined by injury for almost two months, Haaland scored 38 goals in 45 appearances across competitions.

Despite City's struggles this season, the 24-year-old is still second in the Premier League scoring charts on 16 goals behind only Liverpool's Mohamed Salah.

He reached 100 goals for City in only 105 games – equalling Cristiano Ronaldo's record for a century of goals with one club – when he scored in the 2-2 draw against Arsenal on September 22.

City's director of football Txiki Begiristain added: “Everyone at the club is absolutely delighted that Erling has signed his new contract. The fact he is signed for so long demonstrates our commitment to him as a player, and his love of this club.

“He has made an incredible impact already in his time here and his amazing numbers and records speak for themselves.

“But in addition to his outstanding natural talent and ability, Erling’s dedication, professionalism, humility and desire to keep getting better sum up what we all strive to achieve at Manchester City.

“He is one of the finest strikers in world football, but Erling is still very young and will only continue to improve working under Pep and his coaching team. If he works hard, which I know he will, he will create an incredible legacy at this football club.

“Now he can focus on his game and continuing to play a huge part in helping us try to achieve even more success.”

yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

Last-16 Europa League fixtures

Wednesday (Kick-offs UAE)

FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm

Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm

Inter Milan v Getafe (one leg only) 11pm

Manchester United (5) v LASK (0) 11pm

Thursday

Bayer Leverkusen (3) v Rangers (1) 8.55pm

Sevilla v Roma (one leg only) 8.55pm

FC Basel (3) v Eintracht Frankfurt (0) 11pm

Wolves (1) Olympiakos (1) 11pm

The stats

Ship name: MSC Bellissima

Ship class: Meraviglia Class

Delivery date: February 27, 2019

Gross tonnage: 171,598 GT

Passenger capacity: 5,686

Crew members: 1,536

Number of cabins: 2,217

Length: 315.3 metres

Maximum speed: 22.7 knots (42kph)

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