Jurgen Klopp has admitted that Liverpool could find it harder to land their preferred transfer targets if they fail to qualify for the Champions League but denied he is under any extra pressure to get a top-four finish this year because of the financial implications.
Liverpool were already projected to lose about £100 million ($139m) as a result of the coronavirus pandemic, but the 2019 Champions League winners and 2018 runners-up are now on course to miss out on next season’s competition.
They and Chelsea have contested two Champions League semi-finals in the last 20 years and are not accustomed to meeting in sixth and fifth but face each other on Thursday with the loser facing an uphill battle to break into the top four.
“I think a week ago we were out [of the reckoning], now we are around again so for us the challenge is clear,” said Klopp. His side have suffered six league defeats in 2021 but said Fenway Sports Group have been supportive.
“It is not that the owners called me and said that if you don’t qualify for Champions League then this or that will happen because we are all together and we all understand the situation,” he added.
But when he joined Liverpool in 2015, they were only in the Europa League and then they did not play in continental competition in his first full season.
Klopp has denied his side need a "massive rebuild" in the summer but after Diogo Jota and Thiago Alcantara were the only major acquisitions in the last two summers, Liverpool are likely to have more ambitious plans which could be stymied if they lack the money and the pulling power the Champions League offers.
“The main reason for qualifying is it is a great competition to play in,” Klopp said. “You want to excite some players to join. In the beginning, we were sitting with players who had always played in the Champions League and it was: ‘Sorry, we can only offer nothing or the Europa League.’ But it is always about finances and this year will be no different, it is always very important, absolutely.”
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Chelsea 0 Manchester United 0: player ratings
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Klopp faces Thomas Tuchel, a successor of his at both Mainz and Borussia Dortmund, for the first time in the Premier League and said: “He has a much better record than I had with Mainz, winning much more Bundesliga games. I think he is an outstanding coach and manager.”
Liverpool have lost their last four games at Anfield but should have a stronger squad as they seek to end their worst home run since 1923.
Alisson is available again after missing Sunday’s win at Sheffield United for compassionate reasons after the death of his father while Jota, who has not played since December after first injury and then a stomach bug, could feature.
Fabinho is also back, giving Klopp the decision whether to keep the new-look centre-back partnership of Ozan Kabak and Nat Phillips or to play the Brazilian in his best position. “If we can find a way to bring Fab back in midfield that would be in some games quite helpful,” he said.
Fabinho will also be an issue in the international break when Liverpool’s three Brazil internationals and the Portuguese winger Jota could be called up by their national teams to travel to ‘red-list countries’.
Anyone returning from them has to quarantine and Klopp said: “We cannot just let the boys go and sort the situation when they come back by placing our players in a 10-day quarantine in a hotel.
"You cannot make everyone happy at this time and we have to admit the players are paid by the clubs so it means we have to be first priority.”
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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
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FA Cup semi-finals
Saturday: Manchester United v Tottenham Hotspur, 8.15pm (UAE)
Sunday: Chelsea v Southampton, 6pm (UAE)
Matches on Bein Sports
Company%20Profile
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Killing of Qassem Suleimani
Killing of Qassem Suleimani
The specs: 2018 Opel Mokka X
Price, as tested: Dh84,000
Engine: 1.4L, four-cylinder turbo
Transmission: Six-speed auto
Power: 142hp at 4,900rpm
Torque: 200Nm at 1,850rpm
Fuel economy, combined: 6.5L / 100km
COMPANY%20PROFILE
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Profile of Tamatem
Date started: March 2013
Founder: Hussam Hammo
Based: Amman, Jordan
Employees: 55
Funding: $6m
Funders: Wamda Capital, Modern Electronics (part of Al Falaisah Group) and North Base Media
The biog
Title: General Practitioner with a speciality in cardiology
Previous jobs: Worked in well-known hospitals Jaslok and Breach Candy in Mumbai, India
Education: Medical degree from the Government Medical College in Nagpur
How it all began: opened his first clinic in Ajman in 1993
Family: a 90-year-old mother, wife and two daughters
Remembers a time when medicines from India were purchased per kilo
Best Academy: Ajax and Benfica
Best Agent: Jorge Mendes
Best Club : Liverpool
Best Coach: Jurgen Klopp (Liverpool)
Best Goalkeeper: Alisson Becker
Best Men’s Player: Cristiano Ronaldo
Best Partnership of the Year Award by SportBusiness: Manchester City and SAP
Best Referee: Stephanie Frappart
Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)
Best Sporting Director: Andrea Berta (Atletico Madrid)
Best Women's Player: Lucy Bronze
Best Young Arab Player: Achraf Hakimi
Kooora – Best Arab Club: Al Hilal (Saudi Arabia)
Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)
Player Career Award: Miralem Pjanic and Ryan Giggs
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
UAE currency: the story behind the money in your pockets
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