According to multiple reports, football’s one of the best players, Lionel Messi has agreed to a new five-year deal with a 50 percent pay cut to stay at Barcelona. The deal will run out in 2026. Argentine football star Messi has agreed to a 50 percent pay cut at Barca.
Lionel Messi, who recently led Argentina to the Copa Cup title under his captaincy, is ready to take a 50 percent salary cut.
Reason Behind Massive Pay Cut
It is being said that Spanish club Barcelona is currently in huge debt. The Spanish league La Liga had instructed the club to reduce its massive expenses. This is the reason why Spanish club Barcelona could not give Lionel Messi more money even if he wanted to.
Some reports say that Club has been reduced its annual spending from around $700 million to $350 million. Now ace footballer will stay with his lifelong club.
Messi turned 34 in June and his new deal with Barca will be set at around £290 million. (2900 crore)
Messi is currently a free agent after his contract expired and Barcelona has been scrambling to cut their wage bill so as to be able to add Messi to their La Liga squad.
Messi’s Biggest Deal With Barcelona In 2017
Messi made the biggest deal in sports history with Barcelona in 2017 worth 555 million euros (about Rs 5000 crore). He used to get 137 million euros (about Rs 1150 crore) for a season.
Messi was 17 years old when he started to play with his club Barcelona in 2004. Today he is 34 years old. He remained with Barca for the last 17 years.
Messi has scored 672 goals in 778 matches for Barcelona so far. He also has 10 La Liga and 4 Champions League titles to his name.
No. 1 despite 50% salary cut
According to the British newspaper The Sun, Messi may get half the salary in the new deal with Barca.
But even after the salary cut, Messi will earn around 1.1 million pounds (about Rs 11 crore) every week. Ronaldo (club Juventus), gets 0.9 million pounds (about 9.2 crores rupees) every week.