Barcelona’s summer problems are about to go away for the time being, after LaLiga received a cash injection worth 2.7 billion euros, a majority of which will be distributed to the clubs.
LaLiga has secured a loan worth 2.7 Billion Euros from CVC Capital Partners, of which 90 per cent will be redistributed to the clubs to help them deal with the economic difficulties brought forward by the coronavirus.
As 90 per cent of the 2.7bn loan is redistributed among the clubs, Barcelona will become eligible for a 280m euros payout. 15 per cent of that amount Barcelona can then divert towards increasing their salary limit, which comes to around 42 million.
That cash injection will help them register their four new signings this summer – Memphis Depay, Emerson Royal, Sergio Aguero, and Eric Garcia. Furthermore, it will help them register Messi, who they are currently attempting to re-sign following the expiration of his contract.
There is some progress in that regard too. Marca reports that Messi and the club have agreed to the terms of a new contract. The Argentine will sign a contract until 2026, but he can spend the last three years of his contract playing in the USA and can act as an ambassador to the club.
Apart from the cash injection, Barcelona are also helped by Messi deciding to halve his current salary to accommodate the club’s deteriorating finances. Nevertheless, the Spanish giants continue to rectify their overblown wage bill as directed by LaLiga, reports Marca.
Messi came close to leaving the Blaugrana last summer when he publicly demanded an exit after citing mismanagement on behalf of the club. However, failure to cancel his contract, and a massive release clause, worked together against the player and forced him to stay in Spain for the season.
A change in personnel at the board level since helped Messi change his decision, and he is now expected to remain contracted to Barcelona for the foreseeable future.
