We cannot pawn the future to save Messi: Barcelona President Laporta



FC President Joan Laporta explained the club’s decision to end its 21-year relationship with and break off negotiations for a new contract.

Barca shocked world on Thursday with the announcement that Messi would leave the club when most expected them to announce a new five-year contract with the 34-year-old. Laporta explained on Friday that the financial fair play rules in La Liga made it impossible for Messi to give Messi a new contract on the terms the player demanded.

“We have been negotiating for over two months, and now these discussions are over. We can’t register a player because we don’t have a place for him on our payroll. “

“We cannot find a way to get around the current financial fair play rules, and there is no point in continuing [with discussions]… The player also needs time to evaluate the offers that are on his table, and we must respect that, ”Laporta said, according to Xinhua.

“It’s painful, but now we have to continue without Messi. It is very sad, but it is a problem, and we must solve it as such, ”continued the President of Barça.

Laporta assured that Messi wanted to stay at the club and said that Barça will organize a game in his honor in the future. He also pointed the finger at former President Josep Maria Bartomeu, criticizing his predecessor’s “terrible” economic management and explaining that the club should have suffered losses of 487 million euros.

He also referred to an agreement announced by La Liga and investment firm CVC Capital Partners that CVC will own a 10 percent stake in a joint venture that is negotiating image rights for La Liga over the next 40 years. Although this agreement would mean € 270 million for Barça, 40 million of which will be available for salary payments, Laporta said that Barça – along with Real Madrid and Athletic Bilbao – are against the agreement.

“In order to comply with the rules of financial fair play, Barça would have to agree to ‘pawn’ some of the club’s rights for half a century. When we needed to make a decision, we decided that we would not do it. “Mortgage” of Barça’s rights for half a century, in no case, ”he insisted.


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(Only the title and image of this report may have been revised by Business Standard staff; the rest of the content is generated automatically from the syndicated feed.)

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