Best and worst 'Panenkas' after Hakimi's daring penalty for Morocco v Spain - in pictures


Paul Radley
  • English
  • Arabic

It is arguably the coollest trick in football when done right – but nothing is more cringeworthy than when it goes wrong.

Achraf Hakimi was a vision of Baltic poise as he feathered his penalty straight down the middle of Unai Simon’s goal to give Moroccan football its greatest moment on Tuesday night.

The effort sent the African side past Spain, and through to a World Cup quarter-final against Portugal.

It was also a new entry near the top of the charts for all-time great “Panenkas”.

Here is a list of five of the best – as well as five of the worst fails.

HITS

Antonin Panenka (Czechoslovakia v West Germany, 1976). Beating the Germans on penalties is flash enough. Doing it in such cool fashion the manoeuvre would forever be named after you? What a dude.

Achraf Hakimi (Morocco v Spain, 2022). Against the country of his birth. To give his country of origin their greatest ever win. Not so much cool as Arctic.

Andrea Pirlo (Italy v England, 2012). The epitome of cool. And the penalty wasn’t bad, either.

Zinedine Zidane (France v Italy, 2006). Added a frisson of drama by chipping it in off the underside of the bar, and just over the line. All part of a nice quiet night for the retiring France great …

Omar Abdulrahman (UAE v Japan, 2015). One of the biggest upsets in Asian Cup history, and perhaps UAE’s greatest ever win. In the midst of the shoot-out, their maestro dinked in a Panenka.

MISSES

Gary Lineker (England v Brazil, 1992). One short of Sir Bobby Charlton’s record number of goals for England, he botched his showy penalty in a pre-Euro 1992 friendly at Wembley.

Eric Cantona (Bordeaux v Beauvais, 1989). So much swagger, he juggled the ball all the way from halfway to the spot in a French Cup shoot out. Then his chip was so heroically limp in barely reached the goalline.

Sergio Aguero (Manchester City v Chelsea, 2021). Chipped the ball into Edouard Mendy’s hands, sparking a comeback which at least briefly delayed City’s inevitable Premier League title charge.

Aleksandar Mitrovic (Serbia v Montenegro, 2018). Thrillingly prolific - except when attempting Panenkas. “I have no idea why I’ve done that,” he said, after ballooning his penalty over the bar.

Ademola Lookman (Fulham v West Ham United, 2020). His horror effort cost his side vital points in the battle against relegation. “I couldn't even describe the devastation,” he later said of the incident.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

The specs: 2019 BMW X4

Price, base / as tested: Dh276,675 / Dh346,800

Engine: 3.0-litre turbocharged in-line six-cylinder

Transmission: Eight-speed automatic

Power: 354hp @ 5,500rpm

Torque: 500Nm @ 1,550rpm

Fuel economy, combined: 9.0L / 100km

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Updated: December 07, 2022, 7:54 AM