In a shocking turn of events, Barcelona has confirmed that Lionel Messi will not continue with the club despite having reached an agreement.
Messi was expected to sign the new contract after he became a free agent on 30th June. In fact, it was agreed that the star striker will sign a new four-year contract despite suffering a huge wage cut.
However, the club is now announcing that the formal signing could not be completed due to economic and structural obstacles (Spanish LaLiga regulations), the club confirmed on Thursday.
ÚLTIMA HORA | Leo Messi no seguirá ligado al FC Barcelona— FC Barcelona (@FCBarcelona_es) August 5, 2021
A media statement released by the club says “Despite having reached an agreement between FC Barcelona and Leo Messi and with the clear intention of both parties to sign a new contract today, it cannot be formalized due to economic and structural obstacles (Spanish LaLiga regulations)”
The Club added, “Faced with this situation, Lionel Messi will not continue linked to FC Barcelona. Both parties deeply regret that the wishes of both the player and the Club cannot finally be fulfilled.
“Barça would like to wholeheartedly thank the player for his contribution to the enhancement of the institution and wish him the best in his personal and professional life.”