Lionel Messi is set to sign his new contract with FC Barcelona in early August, according to reports.
Messi is currently a free agent after his previous contract with Barcelona expired at the end of June.
The Argentine star had been linked with an exit from Barcelona earlier this summer, but a move away appears unlikely, with the Catalan outfit optimistic they can tie down the six-time Ballon d'Or winner to a new contract.
Barcelona's dire financial situation is said to be the reason why they have not yet been able to announce Messi's new contract, with Blaugrana desperately trying to slash their bloated wage bill in order to balance the books and register new players.
A deal, though, could be announced as early as the first week of August. SPORT report that Messi is likely to sign his new contract in early August, with 'Monday 02/08 looking to be the all-important date'.
SPORT also report that Messi will only be able to join training with Barcelona once he puts pen to paper on the new contract that would extend his stay at the La Liga side.
Meanwhile, Messi, who arrived in Barcelona on Wednesday morning, is currently holidaying in Ibiza with his and former teammate Luis Suarez's families.