Leo Messi is set to bid farewell to Barcelona with a press conference starting at 12:00 CEST, live from the Camp Nou. The Argentine’s deal came to an end on June 30 and while it looked as though all parties had agreed a new contract, the club’s financial difficulties combined with LaLiga’s unwillingness to budge on their stringent salary limits led to the shock announcement on Thursday that Messi would be leaving to Barcelona. Stay up to date with everything from Messi’s conference here.
It’s no real surprise that Lionel Messi’s Barcelona exit is continuing to dominate Spain’s headlines, even three days after his departure was confirmed by the club.
President Joan Laporta spoke about the impossibility of renewing the Argentine’s contract, blaming the situation on the club’s previous board and their mismanagement of finances.
According to La Vanguardia, though, the failure to re-sign Messi was also due to the club’s refusal to accept LaLiga’s agreement with CVC, which Javier Tebas initially presented to Laporta over dinner on July 14.
The agreement secured 2.7 billion euros of investment into LaLiga, of which 15 percent could have been used towards signings and salaries. That would have allowed Barcelona to have 40 million euros more, meaning that they could have had Tebas’ backing in signing and registering Messi.