By Timothy Yorke
5th August, 2021

Barcelona have announced that Lionel Messi is leaving the club after “financial and structural obstacles” made it impossible to renew his contract. The forward, who has spent his whole career there, had been expected to re-sign after his deal expired in June.

“Despite FC Barcelona and Lionel Messi having reached an agreement and the clear intention of both parties to sign a new contract today, this cannot happen because of financial and structural obstacles (Spanish Liga regulations),” the club said.
Last month Messi agreed in principle to a five-year deal on reduced wages rather than a two-year extension initially discussed. It had been hoped the agreement would keep Barcelona within the boundaries of La Liga’s financial fair play regulations but that has proved impossible.

Barcelona needed to move players out to renew Messi’s deal and they have not been able to find the solution. The club, whose total debt is about €1,173m, are constrained by the league’s salary cap. Messi has agreed to a 50% pay cut, dropping from about €45m basic, after tax, to closer to €20m.

The question is where Messi, who was 34 in June, will play this season. He tried to leave Barcelona in August 2020 after a breakdown in his relationship with then president Josep Maria Bartomeu but was forced to stay. Now, when he was keen to continue for longer, it appears he is being made to go.

https://www.google.com/amp/s/amp.theguardian.com/football/2021/aug/05/lionel-messi-leaving-barcelona-after-obstacles-thwart-contract-renewal

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