Even though it’s reduced, Messi’s price is too expensive

The president of the Barcelona football club, Joan Laporta, Friday (6/8), said it was forced to let star Lionel Messi to leave the club. Messi’s high salary, coupled with La Liga’s strict financial rules, could jeopardize the club’s future.

Reuters, citing Laporta, said both the club – which has suffered heavy losses recently – and 34-year-old Messi, both wanted to sign a new contract. However, Laporta said, the Argentine’s deal would see the player’s salary budget jump to 110% of club revenues, a move that is financially risky given the impact of the COVID-19 pandemic.

“The club is above everything – even the best players in the world,” Laporta told a news conference.

Leonel Messi. (Foto: Courtesy/Facebook FC Barcelona)

Leonel Messi. (Foto: Courtesy/Facebook FC Barcelona)

“We reached an agreement but were unable to formalize it, due to the economic situation of the club, which meant we were unable to register players due to salary restrictions,” he said.

Messi wants to sign a new contract at Barcelona, ​​reportedly 50% below his final salary. But the club collided with the financial rules of the Spanish La Liga competition.

According to newspaper reports The world in January, Messi’s last contract, signed in 2017, was the most lucrative in world sport. Forbes has placed Messi as the world’s second-highest-earning athlete in 2021, with $130 million.

Laporta said the club had drawn up two new deals with Messi, first a two-year contract paid out for five years, and then a separate five-year contract, but were unable to finalize both because of the rules. Financial Fair Play (FFP) La Liga.

Messi’s father and agent, Jorge Messi, did not respond to requests for comment Reuters.

Laporta said the club suffered a financial loss of around 400 million euros in 2020-2021 as a result of the coronavirus. The loss will be double what was expected so the club needs to think about its future rather than putting itself “at risk for the next 50 years.”

Messi has spent his career at Barcelona but the club announced on Thursday that the six-time Ballon d’Or winner will be leaving after 18 years. [ah]

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