FC Barcelona News

Barcelona Reportedly Hopeful of Announcing Lionel Messi's Renewal by Next Week

Arjun Singh Devgan
Lionel Messi is yet to put pen to paper on a contract renewal with Barcelona
Lionel Messi is yet to put pen to paper on a contract renewal with Barcelona / Quality Sport Images/Getty Images

Barcelona's management are reportedly hopeful of announcing the renewal of Argentina icon, Lionel Messi's contract as early as next week, though it depends on whether they can convince other high earning players to take a wage cut.

Reports emerged that Messi had agreed to sign a new five-year deal with Barcelona and had agreed to take a 50 percent pay cut in order to ease the club's financial burdens, but he has not been able to put pen on paper as the Catalan management must first reduce their wage issues in order to stay under the salary cap.

The 34-year-old will be asked to report back to training at the same time as Sergio Aguero, Emerson Royal, and Ronald Araujo - who were the other players to take part in the 2021 Copa America.

It is understood that should all go to plan, the club hopes to announce Messi's renewal before the German leg of their pre-season tour. Should Messi’s renewal not be announced next week, there is no cause for panic as Barcelona have given themselves until August 31st to figure out the situation.

It will be interesting to see how this situation pans out considering that new Barcelona president, Joan Laporta has made Messi's renewal the number one priority for him as he wants the 34-year-old to see out his career at the Nou Camp.