Speaking softly and thoughtfully to the media, River Plate coach Marcelo Gallardo, nicknamed “the Doll” due to his small stature and boyish looks, gives the impression that butter would not melt in his mouth.
Behind the innocent exterior, however, lies one of the world’s most astute coaches who River president Rodolfo D’Onofrio is certain will follow Argentines Diego Simeone, Mauricio Pochettino and Marcelo Bielsa to Europe.
Any doubts about the 39-year-old’s passion are quickly dispelled by a quick look at clips from his playing career as a stylish midfielder which included three stints with River and two World Cups for Argentina.
There was the infamous incident in 2004 when he was sent off for scratching Boca Junior goalkeeper Roberto Abbondanzieri’s face in a ferocious derby, followed by another years later when he appeared to bite Gary Medel’s finger in the same fixture.
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Nowadays, Gallardo, whose side face Japanese champions Sanfrecce Hiroshima in their Club World Cup semi-final on Wednesday, channels his passion more wisely.
In 18 months since replacing Ramon Diaz, he has won the Libertadores Cup, South America’s version of the Champions League, the Copa Sudamericana, a rough equivalent of the Europa League, as well as admirers for their style of play.
Heavily influenced by Bayern Munich coach Pep Guardiola and former Argentina coach Bielsa, Gallardo has implemented a high intensity game based on the idea that his team should have as much possession as possible.
Gallardo, who says he has trouble switching off and is close to becoming a football obsessive, played for Argentina under Bielsa.
"Bielsa was one of the coaches who taught me the most, but maybe I missed some of his concepts because I was very young and they didn't interest me that much at the time," he told La Nacion in a recent interview.
One of Gallardo’s most surprising moves was to appoint a neuroscientist to work with the players, something unheard of in Argentina.
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“I would have liked to have had this when I was a player,” he said. “It adds something related to mental and visual training and anticipation. Players who think better, more quickly, are the ones who make the difference.”
Traditional phrases based on playing with guts and determination are dismissed as superficial.
“I like to tell the players that we are going on to the field to defend a cause and to feel good about ourselves,” he said.
A win on Wednesday would put River into the final against Barcelona, assuming the European champions see off Guangzhou Evergrande in their semi-final, and complete a remarkable turnaround for River, who were in the second division less than four years ago.
“A lot of wonderful things have happened and now we are in a privileged position,” Gallardo said.
“This is the cherry on the cake, it’s something which is unique and we are all very happy to be here.”
“It’s a moment to enjoy and value. When you think about everything which has happened in the last year and a half, it has been a great effort.”
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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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Crazy Rich Asians
Director: Jon M Chu
Starring: Constance Wu, Henry Golding, Michelle Yeon, Gemma Chan
Four stars
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