Lionel Messi leaves FC Barcelona after discussions to renew his contract fell through
August 6, 2021, 1:10 am

Lionel Messi leaves FC Barcelona after discussions to renew his contract fell through

Lionel Messi signs contract with Paris Saint-Germain

According to the CNN, Soccer superstar Lionel Messi will not return to FC Barcelona after discussions to renew his contract fell through, the club confirmed Thursday.

In the statement, Barcelona said that despite both parties wanting to sign a contract and Messi agreeing to terms that would keep him with the club, a deal could not be formalized “due to economic and structural obstacles.”

The statement continued: “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."

Those obstacles stem from Barcelona being unable to register the new contract with the Spanish league, La Liga, because it does not comply with Financial Fair Play rules.

Barcelona’s spending was at over $710 million prior to the pandemic but was reduced to $410 million last season, according to ESPN. Messi’s contract was a large financial obligation for the club with the 34-year-old footballer to earn roughly $168.5 million per season over four seasons, with additional bonuses included.

While the club and Messi had apparently come to an agreement, Barcelona’s captain tried to leave last summer after a falling out with club president Josep Maria Bartomeu. He eventually stayed but his contract expired one June 30.

Barcelona is the only professional club Messi has ever known, debuting for the first team in 2004. He previously played with Barcelona B and C after joined Barcelona’s academy in 2000. Messi helped lead Barcelona to 10 La Liga titles, seven Copa del Rey titles and four Champions Leagues crowns.

With one of football’s top players on the market, clubs like Manchester City and Paris Saint-Germain are poised to be the next landing spot for Messi.

Source: CNN
Image source: Getty-CNN

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
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