Lionel Messi agrees five-year deal at Barcelona with a 50 per cent pay cut

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Lionel Messi has reached a verbal agreement on a five-year contract extension at Barcelona, with his salary to be reduced by 50 per cent under terms of the new deal.

The six-time Ballon d'Or winner was officially a free agent as of July 1 after he failed to agree terms over a renewal before his previous Barcelona contract expired on June 30.

The 34-year-old has now agreed to stay on at his boyhood club for another five years, meaning he will be 39 by the time his new deal runs out - when he will have totalled 26 years on the club's books.

Spanish football expert Euan McTear also provided updates on FC Barcelona's financial situation, the future of Antoine Griezmann and whether he sees Gareth Bale and Eden Hazard remaining at Real Madrid.

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Видео Lionel Messi agrees five-year deal at Barcelona with a 50 per cent pay cut канала Sky Sports News