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Lionel Messi to Exit Barcelona Club After 17 Years

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Lionel Messi

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

A statement from the club said; “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),”

“As a result of this situation, Messi shall not be staying on at FC Barcelona. Both parties deeply regret that the wishes of the player and the club will ultimately not be fulfilled.”

“FC Barcelona wholeheartedly expresses its gratitude to the player for his contribution to the aggrandisement of the club and wishes him all the very best for the future in his personal and professional life.”

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, is constrained by the league’s salary cap. Messi has agreed to a 50 percent 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 next 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.

Messi has made 778 appearances for Barcelona, scoring a remarkable 672 goals which have helped to claim 10 league titles, four Champions Leagues and three Club World Cups among his haul of 35 trophies

This latest development comes just eight days before the La Liga 2021/22 season kicks off.

Barcelona president Joan Laporta held a press conference after the club released a statement saying that could not sign Messi to a new contract due to La Liga rules over the size of the salary.

“We are over the salary limit that we are allowed. It is as simple as that,” Laporta confirmed.

The president said that Messi was told two days ago that the club could not continue with his new contract, which they planned to be for two years and they asked to spread the cost of that contract over five years.

Barcelona’s president said “I like to dream, but we have to live in the reality” when asked if Messi could play for Barcelona again if Financial Fair Play rules are relaxed by La Liga.

Laporta insisted that Messi and the club reached an agreement on a new contract but Spanish league rules won’t allow him to sign due to the financial situation the new club president inherited from former president Josep Maria Bartomeu and the mess they were left in.

“We have 122 years of history. We’ve been through everything and we’ve always come through. We want the post-Messi era to be very successful and I am convinced it will be,” Laporta said.

Laporta added that La Liga could be more flexible to make Messi’s new deal happen, as he repeatedly slammed their planned deal to sell 10 percent of the league to CVC Capital Partners from the USA.

“In the Spanish La Liga we have to abide by the rules. We think they can be more flexible. That is not an excuse, we knew the rules. We can’t abide by it. Leo deserves everything. He loves Barca. I’m sad but I’m convinced we’ve done best for FC Barcelona,” Laporta insisted.

“I can’t make a decision that will impact the club for the next 50 years,” Laporta added about the La Liga deal over the TV rights. “The club is over 100 years old and it is above everyone and everything. Even above the best player in the world. We will always thank him for everything he has done for us.”

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Sport Business

Eni Aluko Breaks Barriers: First Black Female Football Club Owner in Italy

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Eni Aluko

Eni Aluko, former sports director for Aston Villa and Angel City, has shattered the glass ceiling by becoming the first black female football club owner in Italy.

Aluko’s journey from the pitch to the boardroom marks a monumental shift in the traditionally male-dominated realm of football ownership.

Aluko’s foray into ownership comes through her involvement with the Mercury 13 group, a consortium dedicated to revolutionizing women’s football.

This $100 million investment group, named after the 13 female pilots who passed the same rigorous testing as NASA’s original Mercury 7 astronauts, aims to elevate the status of women’s football teams across Latin America and Europe.

Their recent acquisition of a majority stake in FC Como Women, situated in northern Italy, underscores their commitment to this vision.

For Aluko, this milestone isn’t just about personal achievement; it’s about paving the way for future generations of black sports investors and female football enthusiasts.

“Representation matters,” Aluko emphasized in a recent interview. “As the first, I understand the significance of this moment. But more importantly, I see it as an opportunity to inspire others and to promote diversity and inclusivity in the beautiful game.”

Aluko’s transition from player to owner is a testament to her unwavering dedication to football.

Having retired from professional play, she has seamlessly transitioned into roles in sports broadcasting and now ownership, leveraging her extensive experience and expertise to drive meaningful change within the industry.

The significance of Aluko’s ownership stake extends far beyond the confines of FC Como Women. It serves as a beacon of hope and inspiration for marginalized communities within football, signaling that barriers can be broken and dreams can be realized regardless of race or gender.

The Mercury 13 group’s investment in FC Como Women is poised to catalyze a new era for the club and women’s football in Italy as a whole.

With Aluko at the helm, there is an undeniable sense of optimism and momentum surrounding the future of the team and the broader movement for equality within the sport.

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Joshua Dominates Ngannou with Second-Round Knockout in Saudi Arabia Showdown

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Nigerian British boxer Anthony Joshua showcased his prowess by delivering a second-round knockout against UFC heavyweight champion Francis Ngannou.

The thrilling encounter unfolded with Joshua demonstrating his technical skill and power, overwhelming Ngannou with his calculated strikes.

From the outset, Joshua asserted his dominance, landing a formidable right hand in the opening round that set the tone for the match.

Despite Ngannou’s resilience, Joshua continued to press forward, maintaining control of the bout.

As the second round commenced, Joshua unleashed another powerful right hand that visibly rocked Ngannou.

Despite his efforts, Ngannou found himself on the canvas once more, unable to withstand Joshua’s onslaught.

The referee swiftly called an end to the contest, declaring Joshua the victor by knockout.

The electrifying showdown left fans in awe as Joshua’s precision and strength proved too much for Ngannou to handle.

Although Ngannou required medical attention post-fight, Joshua’s display of sportsmanship and skill highlighted his status as a formidable force in the world of boxing.

The victory solidifies Joshua’s position as a top heavyweight contender and sets the stage for future thrilling matchups in the world of combat sports.

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South Africa Clinches Africa Cup of Nations Bronze in Penalty Drama Against DR Congo

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In a riveting encounter at the Africa Cup of Nations (AFCON) third-place playoff, South Africa emerged victorious against the Democratic Republic of Congo (DR Congo) in a nail-biting penalty shootout to secure the bronze medal in the prestigious tournament.

The match, which ended in a goalless draw after regulation time, saw South African goalkeeper Ronwen Williams once again emerge as the hero, making crucial saves during the penalty shootout to propel his team to victory.

The DR Congo team displayed commendable resilience throughout the match, creating numerous goal-scoring opportunities and maintaining an attacking threat against the South African defense.

Ultimately, it was South Africa’s Siyanda Xulu who converted the decisive penalty kick, securing the win for Bafana Bafana.

The victory marked South Africa’s perfect record in third-place playoffs, having clinched a similar victory 24 years prior against Tunisia.

The bronze medal victory serves as a testament to South Africa’s resilience and determination in the face of formidable opposition.

As the tournament concludes, the thrilling encounter between South Africa and DR Congo will be remembered as a highlight of the 2024 AFCON edition, showcasing the passion and skill of African football on a grand stage.

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