PARIS – Barcelona had been determined to preserve Lionel Messi and the Argentine needed to keep on the Camp Nou – as his tears at a farewell press convention on Sunday attested.
So why, then, is he leaving the one membership he has ever represented in his 17-year skilled career?
La Liga wage cap
Barcelona say they had no alternative apart from to offload the 34-year-old – on a free switch along with his contract having resulted in June – as they battle to slash a €1.2 billion ($1.4 billion) debt mountain.
Messi had agreed to take a 50 p.c wage reduce, and research instructed his industrial worth to the membership far exceeded the astronomical price of his wage.
However, these money owed and the necessity to adjust to a strict Spanish league wage cap have compelled Messi out.
The Catalans squandered the €222 million they acquired from PSG in 2017 for Neymar by committing charges of over €100 million every on the likes of Philippe Coutinho, Antoine Griezmann and Ousname Dembele.
President Joan Laporta admitted that losses for final season alone totalled virtually €500 million and insisted he couldn’t “mortgage” the membership’s future for any participant, Messi included.
Clubs in Spain’s prime two divisions suffered a lack of earnings totalling €2.013 billion ($2.43 billion) for the 2019-20 and 2020-21 seasons due to the impression of the coronavirus pandemic.
La Liga guidelines say no Spanish membership can go over a completely wage restrict which the league itself has set: in Barca’s case that was €348 million for final season, down from €671.4 million within the earlier time period.
Barca went over that diminished restrict final season and now La Liga won’t tolerate an additional lapse.
Laporta admitted that Barca’s wage invoice with Messi would quantity to 110 p.c of revenue. Even with him it might have been too excessive, at an untenable 95 p.c.
No new signings allowed, together with Messi
Some have requested why Messi, if he liked the membership a lot, could not keep and play free of charge.
Ignoring the truth that it’s ludicrous to suppose one of the best participant on this planet might or ought to agree to that, it might have been not possible.
Without being according to the wage cap guidelines, Barcelona should not allowed to register any new signings. With Messi’s earlier deal having expired in June, he would have been thought-about a brand new signing.
That additionally raises questions concerning the summer season signings the membership had already introduced, with Memphis Depay, Sergio Aguero and Eric Garcia having already been recruited on free transfers and Emerson Royal arriving from Real Betis.
Some might ask why La Liga couldn’t be extra versatile, given the receipts Messi pulls in whereas he is a large world draw for the Spanish sport.
UEFA has already relaxed its personal monetary honest play guidelines to assist golf equipment affected by the pandemic, however the Spanish league is standing its floor.