Lionel Messi may have held the title of the world’s richest sports contract in years past, but after accepting the terms of a new five-year deal with FC Barcelona, he will pay significantly less in the coming seasons.
Earlier this year, around the same time, the star player expressed dissatisfaction with his longtime club, to the point where many expected an exit, Spanish newspaper El Mundo revealed that Messi’s current four-year contract was valued at € 555 million (AU $ 881.89 million) – comfortably placing the Argentine forward over NFL quarterback Patrick Mahomes II in the Kansa City Chiefs with a significant margin of $ 200 million. This also did not exactly bode well for the public given how Barcelona is also “on the verge of bankruptcy.”
Today, over fourteen days after the historically unprecedented contract expired on June 30, the 34-year-old is now staring down the barrel at a significant pay cut that will effectively net him 50% of his previous return. Where he once earned € 515,000 (AU $ 818,850) per week, the revised figure is € 257,000 (AU $ 407,000). According to ESPN, Joan Laporta, who returned as club president, was an important contributing factor in Messi’s decision to keep it down at the Camp Nou.
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Laporta had apparently tried to conclude negotiations on the new Lionel Messi contract before the old one expired. The declining economic health of the Catalan juggernaut made it obviously damn near impossible – with a gross debt of over 1 billion. Euro. Cuts were inevitable and a good measure of extra convincing was needed.
Given the organization’s lack of funds at the moment, it’s hard to see how Laporta will carry out its rumored desire to “create football history” by signing rival superstar and multi-year money launderer Cristiano Ronaldo. Respected insider Javier Matallanashowever, maintaining it aims high for recruitment efforts can just be a stroke of genius.
That AS The journalist predicts that if FC Barcelona finds the $ 49 million needed somewhere in its dwindling budget to match Ronaldo’s current annual salary with Juventus, the club’s revenue could possibly be doubled by the mere presence of both CR7 and Lionel Messi on the same team.
Next to his closest aides, Laporta [has mapped] out a move that would fall into football history: put together a team with the two stars who have dominated the men’s match for the last decade and more, ”explains Matallanas.
“As part of Laporta’s bold plan, Barca would offer two players to Juventus, with Antoine Griezmann, Sergi Roberto and Philippe Coutinho believed to be among those who were reluctant to travel to Turin.”
It’s a bold move, cotton. Let’s see how it plays out.