Messi will stay in Barcelona as a player for another two years.
L’Esportiu reports that an agreement has been reached between the two sides and they are waiting for La Liga approval to officially announce the contract extension.
Barcelona have been in talks with Lionel Messi in recent weeks, and Joan Laporta, the president of the club, Mateu Alemany, the director of football, and Javier Tebas, the president of La Liga, have held meetings regarding Messi's extension.
According to Mundo Deportivo, La Liga will give its final approval by tonight and the club will soon officially announce the extension with Messi. Messi, who has been in Barcelona since the age of 13, is said to have cut his salary by 50%.
The Argentine superstar wanted to leave Blaugrana last summer, but in the end, the club persuaded him to stay in the team for another year. With Laporta as the club's new president, the situation changed and negotiations to extend the contract were successful. Messi's contract is now expected to be extended until 2026.
Reducing Messi's salary will help Barcelona a lot. The financial situation of the club is not good at all, and the reduction of Messi's very high salary will help them to finance themselves.