Lionel Messi to sign two-year deal – with option for a third – worth £25m per year after tax; 34-year-old will receive a £25m signing-on fee; Messi was set to sign a new five-year contract at Barcelona but has now arrived in Paris to complete PSG deal
Lionel Messi has agreed to join Paris Saint-Germain on a two-year contract.
The six-time Ballon d’Or winner arrived in Paris on Tuesday afternoon to seal his move to the French club on a two-year deal – with an option for a third – worth £25m per year after tax, plus bonuses.
Messi – who will receive a £25m signing-on fee as part of the move – was set to extend his 21-year stay at Barcelona by signing a new five-year deal this summer.
However, the club announced on Thursday that “financial and structural obstacles” meant the deal could not be completed, meaning Messi left as a free agent.
The 34-year-old said he wanted to stay at Barcelona and “did everything” he could to remain at the club, including agreeing to a 50-per-cent wage cut.
However, Barcelona are hamstrung by La Liga’s rules on club spending and even halving Messi’s pay was not enough to ensure he remained at the Nou Camp.