• Ronald Koeman and Alexanco of Barcelona celebrate becoming European champions in 1992 after victory over Sampdoria. Action Images
    Ronald Koeman and Alexanco of Barcelona celebrate becoming European champions in 1992 after victory over Sampdoria. Action Images
  • Koemsan in action for Barca in 1994. Allsport
    Koemsan in action for Barca in 1994. Allsport
  • Ronald Koeman in action during the 1992 final. Action Images
    Ronald Koeman in action during the 1992 final. Action Images
  • Ronald Koeman snd Hristro Stoitchkov with the 1992 European Cup. Action Images
    Ronald Koeman snd Hristro Stoitchkov with the 1992 European Cup. Action Images
  • Ronald Koeman, startr of Barca's campaign in 1994/95. Action Images
    Ronald Koeman, startr of Barca's campaign in 1994/95. Action Images
  • Sao Paulo Captain and star striker Rai and Barcelona's Ronald Koeman during the first quarter of the Toyota European/South American Cup 13 December in 1992 in Tokyo. AFP
    Sao Paulo Captain and star striker Rai and Barcelona's Ronald Koeman during the first quarter of the Toyota European/South American Cup 13 December in 1992 in Tokyo. AFP

'Return of a legend' - Ronald Koeman announced as Barcelona coach and there will be 'drastic measures'


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New Barcelona coach Ronald Koeman is expected to oversee a massive overhaul of the squad after being appointed on Wednesday.

The former Barca star leads them into a new era after their weaknesses were exposed in the 8-2 thrashing by Bayern Munich in the Champions League quarter-final.

"More than 30 years after his arrival as a player, Koeman arrives once again as coach at the club that he helped win their very first European Cup back in 1992," Barcelona said in a statement headlined "Return of a Barca legend".

"Koeman, the hero of Wembley, is back," the club added, a day after president Josep Maria Bartomeu revealed the Dutchman would take over from Quique Setien.

That night back in 1992, Koeman secured his place in Barca history, scoring the winning goal to claim the Catalan club's first success in Europe's top club competition.

In his six seasons as a Barca player Koeman made 264 official appearances, scoring 88 goals as he shone in Cruyff's 'Dream Team', winning four consecutive La Liga titles between 1991-94.

Lionel Messi will remain the "cornerstone" of Barca with Koeman's arrival, Bartomeu promised.

Setien and sporting director Eric Abidal were both sacked after the Bayern Munich humiliation and Koeman will inherit a side which finished second to arch-rivals Real Madrid in La Liga with five points separating the teams.

But after constant talk that Messi was looking for a way out after spending his entire career at Barca, Bartomeu insisted that Koeman would build his side around the Argentine.

"Messi remains the best player in the world. He is No 1 and he is with us," said Bartomeu.

"Every project we do, we do it knowing that we have the best player in the world ... And in the new project, Koeman can absolutely count on Messi.

"Messi wants to end his career at Barca, he has said it several times. I spoke with Koeman, who told me that Messi was the cornerstone of his project."

Dutch national coach Ronald Koeman. EPA
Dutch national coach Ronald Koeman. EPA

The future is not so certain for other players. "The technical secretary and new coach will take drastic measures and they will affect certain players, who we should give a proper farewell to," Bartomeu added.

Bartomeu did not say which players would depart but referred to seven players who were not for sale: Messi, goalkeeper Marc-Andre ter Stegen, defenders Clement Lenglet and Nelson Semedo, plus recent signings Antoine Griezmann, Frenkie de Jong and French winger Ousmane Dembele.

Gerard Pique and Sergio Busquets, who have been at the club since 2008 and are the longest-serving players after Messi, were omitted from Bartomeu's list, meaning they could face an exit after 12 trophy-laden years in the first team.

Jordi Alba, Ivan Rakitic and Luis Suarez, crucial members of the team that won the treble in 2015 as well as the La Liga titles in 2016, 2018 and 2019, were also absent.

"These are players who have given their best days to the club and been part of the club's best years. They have won a lot of trophies and had a lot of success," added Bartomeu.

"Some of those decisions have already been taken by others and some will be taken soon by different people. The players will not be consulted on these decisions. It's very important to listen to opinions but the coach and technical secretary will take the decision together."

Koeman has said coaching Barcelona would be his "dream" job, and he leaves his country's national team after two-and-a-half years in charge to grab the opportunity.

His coaching career has been mixed and he arrives at Camp Nou with the Catalans in crisis, finishing the season trophyless for the first time since 2007.

Why Koeman got his chance

  • Barcelona's Lionel Messi looks broken after the 8-2 defeat by Bayern Munich. Reuters
    Barcelona's Lionel Messi looks broken after the 8-2 defeat by Bayern Munich. Reuters
  • Lionel Messi leaves the pitch after the 8-2 humiliation. AP
    Lionel Messi leaves the pitch after the 8-2 humiliation. AP
  • Thomas Muller celebrates giving Bayern a 1-0 lead. Reuters
    Thomas Muller celebrates giving Bayern a 1-0 lead. Reuters
  • Lionel Messi after the match. Reuters
    Lionel Messi after the match. Reuters
  • Bayern Munich celebrate. EPA
    Bayern Munich celebrate. EPA
  • Barcelona star Lionel Messi's future at the club will now be under scrutiny. Reuters
    Barcelona star Lionel Messi's future at the club will now be under scrutiny. Reuters
  • Bayern Munich players celebrate after the astonishing win. EPA
    Bayern Munich players celebrate after the astonishing win. EPA
  • Barcelona coach Quique Setien. EPA
    Barcelona coach Quique Setien. EPA
  • Bayern Munich's David Alaba scores an own goal to make the score 1-1. Reuters
    Bayern Munich's David Alaba scores an own goal to make the score 1-1. Reuters
  • Croatian midfielder Ivan Perisic (L) celebrates putting Bayern 2-1 ahead. AFP
    Croatian midfielder Ivan Perisic (L) celebrates putting Bayern 2-1 ahead. AFP
  • Serge Gnabry (L) after making the score 1-3. EPA
    Serge Gnabry (L) after making the score 1-3. EPA
  • Thomas Mueller celebrates after making it 1-4. Reuters
    Thomas Mueller celebrates after making it 1-4. Reuters
  • Luis Suarez, right, gives Barca brief hope after pulling a goal back, 2-4. PA
    Luis Suarez, right, gives Barca brief hope after pulling a goal back, 2-4. PA
  • Joshua Kimmich makes it 2-5. EPA
    Joshua Kimmich makes it 2-5. EPA
  • Robert Lewandowski on target for 2-6. Reuters
    Robert Lewandowski on target for 2-6. Reuters
  • Bayern Munich's Philippe Coutinho gets in on the act, and it's 2-7. Reuters
    Bayern Munich's Philippe Coutinho gets in on the act, and it's 2-7. Reuters
  • Coutinho again, and the Barca nightmare is over, final score 2-8. AP
    Coutinho again, and the Barca nightmare is over, final score 2-8. AP

Bartomeu's own position is also under threat according to reports with June's presidential elections moved forward to March 15.

Mauricio Pochettino was also considered as a replacement for Setien but his previous comments dismissing Barca due to his links with rivals Espanyol counted against him.

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

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The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

Reputation

Taylor Swift

(Big Machine Records)

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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

RESULT

Norway 1 Spain 1
Norway: King (90 4')
Spain: Niguez (47')

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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