FC Barcelona has reached an agreement for the extension of Lionel Messi’s contract after the captain’s contract expired on June 30, 2021 whilst representing Argentina at Copa America in Brazil.
According to Catalan newspaper Sport, Messi has also set an example by accepting a 50 per cent pay cut in his new contract in recognition of the club’s economic woes. For Lionel Messi, money was never an issue. But tax has been, according to Sport, and both parties are presently ironing out these details.
Although the deal has not yet been finalised and any official confirmation is not expected in a matter of hours, it is however expected that it will be finalised by the the end of July.
Lionel Messi is presently on holidays after helping Argentina win their first major title for the first time in 28 years. Based on his new contract, he’ll have a 350 million euros release clause with a 5-year extension.
Messi has been a “clubless” player since July 1 following the expiration of his contract at Barcelona. French club Paris Saint-Germain attempted to lure the forward away to re-unite him with his friend Neymar but the operation was unsuccessful. The Paris-based club is reported to have given up on the mercurial forward who appears certain to win his 7th Ballon d’Or in December this year.