"Every day is worse," read the front page of Thursday's Marca with a picture of Real Madrid's Thibaut Courtois picking a ball out of the net in a 2-3 Champions League defeat to Shakhtar Donetsk.
“Madrid in freefall... and on Saturday it’s Barca.”
“I am responsible,” admitted coach Zinedine Zidane. “And I see myself as capable of fixing it.”
The defeat was Madrid's second at home in four days, the first against newly promoted Cadiz.
With the clasico in mind, Zidane kept some players back, like Karim Benzema. But he had to bring them on when the Ukranians led 3-0 at half time. It was too late and Madrid’s uncharacteristically poor home form in Europe continues.
Next up are Barcelona, who have had problems of their own, in an empty Camp Nou.
It's the first clasico of the Covid era. The Catalans' last ultimate away game in front of fans came in March, and that 2-0 defeat swung the title race back in Madrid's favour and Zidane's team didn't lose momentum as Barca were prevented from winning a ninth La Liga title in 12 years.
Saturday's meeting at Camp Nou follows a weekend when both lost in the same game week for first time in 17 years. The season is young and it's odd to see Madrid in third and Barcelona ninth. However, Barca have games in hand and have also played well apart from that Getafe defeat, when the victors had only 27 per cent of possession.
Barca did win easily at home in the Champions League on Tuesday by putting five past Hungarians Ferencvaros, with further excitement from their young players Pedri and Ansu Fati, both 17. The former is too young to drive and took a taxi home after the game.
Lionel Messi is playing well and while there are still serious disruptions around him on the field which will see a change of club president, results will set the mood.
The clasico – the term has been used since the 1940s – is usually a game which delivers and justifies the billing, but last season’s encounters were limp in comparison to the spectacular encounters of previous years.
"It's the best match with the best football in the world and I'm not just saying that because these are Spanish teams," former Real Madrid player Fernando Sanz told The National.
“I can remember the games in the 80s and being on the stadium to see Butrageuno, a true hero of Spanish football, or the Bernabeu applauding Ronaldinho despite him playing for Barcelona.
“Now I see two teams with lots of young players: Francisco Trincau (20), a wonderful and powerful attacker, Sergino Dest (19) who recently debuted on the left but usually plays on the right. He reminded me at Daniel Alves. Ronald Koeman, the new Barca coach, was asked to completely change the team and he’s achieving that. He’s bringing in young, top quality attack-minded players. Ansu Fati (17) is another.”
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The last 10 clasicos
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Like their great rivals, Madrid were a selling club in the close season as they sort to cut their wage bill. They too have youngsters.
“It’s impressive to see players like Vinicius Junior, Rodrygo and Odegaard,” added Sanz. “They’re 19, 20, 21. Incredible to see these young players for both teams and they’re the future. People say that Messi or Sergio Ramos are getting old, but we see these incredible young players. Both Barcelona and Real Madrid have got to plan the next cycle."
This is true, but while Messi stayed in Spain, there has been a drift of both established and emerging talents towards England. La Liga are working hard to promote their league as the best in the world, but it has also been criticised for its two-team dominance. Sanz thinks this is changing.
“The league is stronger overall and that’s why you see results like Cadiz and Getafe beating Madrid and Barcelona,” he said. “They are not going to have the peaceful tranquil year that they thought they might have.”
That much became apparent this week.
Emergency
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Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
More coverage from the Future Forum
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
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
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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