Barcelona is believed to have reached an agreement in principle with Camp Nou legend Lionel Messi on a long-term contract. So, among today’s transfer news football, Messi and Barcelona have an agreement ‘in principle’ for a new extension deal.
This new deal would include a massive 50% pay cut from his previous deal.
Even Barcelona superstar and captain Lionel Messi will suffer a salary cut due to the club’s widely publicized financial problems.
Messi has been a free agent since July 1st when his previous contract expired.
Despite formally requesting to leave the club last summer, he’d decided to stay, in the last several months. So, everyone expected him to sign a new Barcelona contract with Barcelona president Joan Laporta.
Now, however, due to Barça’s precarious financial situation, signing Messi on his current salary has become a huge challenge.
Following the impact of the coronavirus pandemic on their usual incomes, Barcelona have been stung by La Liga‘s salary restrictions.
So, the Catalans must raise significant funds before they can officially register new signings. These Sergio Aguero, Memphis Depay, and Eric Garcia, who may have to agree to lower wages than their original contracts.
Transfer News Football – Messi and Barcelona Have an Agreement ‘in Principle’
The same can be said for veteran Lionel Messi’s Barcelona contract, though the two parties have seemingly reached an agreement.
According to SPORT, Messi understands Barça’s situation and has agreed to receive only half of his previous salary.
It is also perhaps true that he recognizes the need to set a good example as the Barcelona captain.
And anyway, money – other than extra caution regarding taxation – has never seemingly been any real issue for him.
SPORT now reports that, while an agreement on principle is in place, the detailed writing of the contract is left. This may take some time due to its complexity.
As a result, an official announcement from the club is unlikely to occur until the end of the month. So are photos of Messi signing his new Barcelona contract, as is the customary compliment to official confirmations of signings.