LIONEL MESSI TAKES MASSIVE PAY CUT IN NEW CONTRACT

 LIONEL MESSI TAKES MASSIVE PAY CUT IN NEW CONTRACT

LIONEL MESSI TAKES MASSIVE PAY CUT IN NEW CONTRACT

LIONEL MESSI TAKES MASSIVE PAY CUT IN NEW CONTRACT

The contention is over. After months of speculation, football star Lionel Messi has agreed to a massive new five-year deal with Barcelona. It puts an end to the longstanding rumours surrounding his free agency, which began on July 1.Messi sparked a major row in August last year when he officially informed the club of his wish to activate a clause in his contract which would have seen him leave for free. Since then, the Argentinian icon had been linked with clubs across the globe ranging from Manchester United to Paris Saint-Germain, either of which would have sent shockwaves through the football world. Now, we have confirmation Messi is staying put.

LIONEL MESSI TAKES MASSIVE PAY CUT IN NEW CONTRACT
LIONEL MESSI TAKES MASSIVE PAY CUT IN NEW CONTRACT

One major Lionel Messi takes massive pay cut in new contract lies in La Liga president Javier Tebas and then-Barcelona president Josep Maria Bartomeu’s previous block the transfer clause, which revealed any suitor would have to pay his €700m release clause in full. It matters less now, with reports confirming the six-time Ballon d’Or winner will be staying at Barcelona until 2026, an announcement that has delighted fans and reignited a fresh focus on Spanish football. But while the five-year deal is big, it does come with a  caveat.

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Messi has reportedly taken a 50 percent pay cut in order to stay at Barcelona, slashing his wages by around £250,000 per week. It will be a far stretch from his previous deal, which was worth in excess of £425million over four years. Apparently, Messi, who has played 778 games and scored 672 goals for Barcelona since 2000, is aware of his boyhood club’s financial issues, which currently represent around £1 billion in debts. Spanish football expert Euan McTear explained this is likely a major reason behind the lengthy contract extension, which will see Messi stay at Barcelona until he is 39.

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