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.”