Lionel Messi to leave Barcelona due to ‘financial obstacles’ — club statement

Argentina striker Lionel Messi will leave Barcelona despite both parties having reached an agreement over a new contract, the La Liga club said on Thursday, citing economic and structural obstacles to the renewal of deal.

2021-08-05 11:35:00 PM

Argentina striker Lionel Messi will leave Barcelona despite both parties having reached an agreement over a new contract, the La Liga club said on Thursday, citing economic and structural obstacles to the renewal of deal.

Argentina striker Lionel Messi will leave Barcelona despite both parties having reached an agreement over a new contract, the La Liga club said on Thursday, citing economic and structural obstacles to the renewal of deal.

The 34-year-old, who has spent his whole career at Barcelona, had been expected to sign a new five-year deal with the Catalan club, which would have included a salary reduction of 50%.Barcelona needed to financially restructure to get the deal over the line, which proved impossible in the end. The news of Messi’s exit comes a day after La Liga agreed in principle to sell 10% of a newly formed company housing most of its business to private equity firm CVC Capital Partners for €2.7bn (R45.7bn).

US praises South Africa's detection of new COVID-19 strain COVID-19 in SA | South Africans anxious about 4th wave SA 'punished' for detecting Omicron COVID variant: Dirco

“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 La Liga regulations),” Barca said in a statement.

“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.” headtopics.com

Messi had tried to leave Barcelona in August 2020, making a formal request for an exit after a break down in his relationship with then president Josep Maria Bartomeu but successor Joan Laporta, who presided over the Argentine’s rise to greatness, convinced him to stay.

Messi, who joined Barca’s youth set up aged 13, is the club’s all-time top scorer and appearance maker with 672 goals in 778 games in all competitions. Read more: Times LIVE »

LIVESTREAM | Eskom provides update on system challenges

Eskom CEO Andre de Ruyter is back with an update on the grid.

Sometimes, life pushes you to do what you never wanted to do. I never wanted to venture into trading bitcoin but I had no choice with the tough situation in life than doing it with Albert_Kason and it was awesome and unbelievable with the massive cash out.🚀🚀💰💰 Then which team is going to take him

What next for Lionel Messi after Barca departure?Will Lionel Messi end up in Paris after leaving FCBarcelona? Will he be reunited with Pep Guardiola in the blue half of Manchester, or will he allow Ole to take the wheel for the last years of his career? | IOLsport CityOrPsg Messi FCBarcelona sport He's bored with football. FCBarcelona sport Apparently Dr Ivirn Khoza will give him a call tomorrow. He'll fly in Tuesday FCBarcelona sport Please don't involve u in football news don't think you know anything 😒

Curwin Bosch to start at fullback for Sharks, Lionel Cronje is at flyhalf for Bulls clash.TheSharksZA coach Sean Everitt has taken the unusual step of picking Curwin Bosch at fullback for their CurrieCup clash with the Bulls, and is entrusting the flyhalf duties to veteran Lionel Cronje. IOLSport TheSharksZA sport I still can't believe that a real account manager exist I am so happy trading with lovely1642 i never took her serious because I taught she was a scam like others ,until my first withdrawal of R60,000 within just one week of trading! 👇👇👇👇 lovely1642

What next for Lionel Messi after Barca departure?Will Lionel Messi end up in Paris after leaving FCBarcelona? Will he be reunited with Pep Guardiola in the blue half of Manchester, or will he allow Ole to take the wheel for the last years of his career? | IOLsport CityOrPsg Messi FCBarcelona sport He's bored with football. FCBarcelona sport Apparently Dr Ivirn Khoza will give him a call tomorrow. He'll fly in Tuesday FCBarcelona sport Please don't involve u in football news don't think you know anything 😒

No new tax measures for distressed companies, says MboweniFinance Minister Tito Mboweni has ruled out any possibility of new tax measures for companies that face financial distress due to Covid-19. TheStar_news Anything for the Capitalist 😊 Investing with lovely1642 has brought my family so much joy, I've received R25,500 from my little funds i invested and I'm grateful, i advice everyone to invest with 👇👇👇👇 lovely1642

Woman allegedly left to die in Joburg hospitalNqobile Dube says she had been asked to leave her seriously ill daughter there due to COVID-19 protocols. Our public hospitals are death zone Even if we r sick nowadays it's hard to go to hospitals ,cz sifela khona ......may God be with her family really painful Someone must be held accountable

'Rare breed' Dube tipped to boost Chiefs defenceFormer Kaizer Chiefs defender Tefu Mashamaite predicts the club will benefit from having new signing Austin Dube as a left-footed centre-back. RealNevilleK RealNevilleK Where is Mashamaite?