The six-times Balon D’or winner, Lionel Messi, has left Fc Barcelona, Spain, the club has announced. Lionel Messi almost left the club last summer after handing in a transfer request but Barcelona fought hard to let him stay.
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However, it’s now over between them. The 34-year-old has left Barcelona after over a decade. Although a new contract was agreed between both parties, FC Barcelona is unable to fulfil the contract terms due to “Financial and Structural Obstacles”.
LATEST NEWS | Leo #Messi will not continue with FC Barcelona
— FC Barcelona (@FCBarcelona) August 5, 2021
It could be recalled that after the outbreak of the coronavirus pandemic, clubs have suffered a financial loss of which Barcelona is not an exemption. La Liga pledged support to inject money into the system to enable Lionel Messi to continue at Barcelona with the help of the CVC Capital.
Real Madrid, Spain that have let go big names like Sergio Ramos and Raphael Varane disagreed with the idea of CVC capital which could have helped Barcelona maintain Lionel Messi. Just an hour of Real Madrid announcing that they disagree with the CVC capital, Barcelona announced the departure of their all-time best player, Lionel Messi.
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Real Madrid says “the future of 42 Primera and Segunda División clubs” is important therefore no CVC Capital.
Below is the statement from Real Madrid.
Official Announcement
In light of the announcement of the agreement between LaLiga and CVC Capital Partners, Real Madrid states the following:
– This agreement was reached without the involvement or knowledge of Real Madrid and today, for the first time, LaLiga has given us limited access to the terms of the agreement.
– The clubs have signed over their audiovisual rights exclusively for their sale on a competitive basis for a period of three years. This agreement, by way of a misleading structure, expropriates 10.95% of the clubs’ audiovisual rights for the next 50 years, in breach of the law.
– The negotiation was carried out without competitive proceedings and the financial conditions agreed with CVC Capital Partners give them annual returns of over 20%. This opportunistic fund is the same which tried and failed to reach similar agreements with the Italian and German leagues.
– Real Madrid cannot support a venture which hands the future of 42 Primera and Segunda División clubs over to a group of investors, not to mention the futures of those clubs who qualify over the next 50 years.
– Real Madrid will convene the Assembly of Representative Members to debate the agreement and discuss the significant loss of equity, unprecedented in our 119-year history.
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