Connect with us

Latest News

Messi May Quit Barcelona In June After Earning Over £500m

Published

on

Messi May Quit Barcelona In June After Earning Over £500m_newtimes

Lionel Messi, one of the greatest players to have ever played the round leather is said to end his current contract with Barcelona by June, 2021. The Argentine great, when he eventually parts way with the club would have earned over £500million from the contract he signed with Barcelona four seasons ago, making the deal the biggest in sports history, according to El Mundo.

The 33-year-old Messi, is gradually coming towards the end of his latest four-year deal at the Nou Camp.

And Spanish newspaper, El Mundo, reported the total value to be  €555,237,619 – or £492m – after alleging to have obtained a copy of the 30-page confidential paperwork.

That is made up of a fixed salary, image rights, variables as well as the tax that Barcelona have had to pay and trumps NFL star Patrick Mahomes’ £402m deal with Kansas City Chiefs.

Messi’s bumper contract, therefore, is worth on average up to £123m per year with all the bonuses included.

One of those bonuses is said to be a £102m ‘renewal fee’ simply for signing on the dotted line in November 2017.

Missi also pockets an extra ‘loyalty bonus’ of £69m each year for staying at the club. But the Barcelona playmaker and a six- time Ballon d’Or winner tried to quit the club last summer by attempting to trigger a clause in his contract allowing him to leave for free.

But after threatening legal action, he made a dramatic U-turn to see out the final year of his contract.

He is, though, expected to leave after 20 years this summer with Paris Saint-Germain and Manchester City among the mega-rich clubs hoping to land the six-time Ballon d’Or winner.

Speaking in December, he admitted he still ‘doesn’t know’ what he would do at the end of the season.

Messi, who is currently free to talk to other clubs now, said: “I know there are a lot of people at Barca who still love me, but I’m going to do what is best for the club and for myself.

“Besides, I want to live in Barcelona and be involved in the club in some way when I retire.

“I don’t know if I’m going to leave, but if I do, I would like to leave in the best way possible and be able to return to the club in the future.

“Barcelona are much bigger than any player. I hope that every time the club have to, they will do good things to lift important titles.”

The leaked information regarding Messi’s contract comes just days after Barcelona’s financial report revealed debts of £1billion.

Which includes a short-term debt of £638m, £236m of which needs to be paid back to various banks and financial institutions before June 30.

There have also been a lot of accusations about Messi’s wages and how his ‘138 million euros’ wage bill is the primary cause for Barca’s heavy financial debt.

READ ALSO;I won’t apologise for goal miss – Yakubu Aiyegbeni

Barcelona has however denied the publication and have promised to take a legal action against the Spanish newspaper El Mundo after it published details of the contract.

Messi,  joined Barcelona at 13 but handed in a transfer request in August.

His contract runs out in the summer and there is uncertainty if he will remain with the club.

Barcelona in a statement said they: “FC Barcelona categorically denies any responsibility for the publication of this document, and will take appropriate legal action against the newspaper El Mundo, for any damage that may be caused as a result of this publication.

“FC Barcelona expresses its absolute support for Lionel Messi, especially in the face of any attempt to discredit his image, and to damage his relationship with the entity where he has worked to become the best player in the world and in football history.”

Fans and football lovers are still not sure where Messi might move to, but his salary would likely be a determinant factor especially with the drop in revenue caused by the pandemic.

Messi has won a record six Ballon d’Or awards during his time at Barcelona, while helping the club win 10 Spanish league titles and four Champions League crowns.

 

For more authentic news follow our social media platforms

Continue Reading
Click to comment

Latest News

Court Jails APC Senator Seven Years For Fraud

Published

on

Court Jails APC Senator Seven Years For Fraud

The Senator representing Delta North Senatorial District at the National Assembly, Peter Nwaoboshi of the All Progressives Congress (APC) , has been sentenced to seven years’ imprisonment.

The Court of Appeal in Lagos on Friday also ordered that the senator’s two companies, Golden Touch Construction Project Ltd and Suiming Electrical Ltd, be wound up in line with the provisions of Section 22 of the Money Laundering Prohibition Act 2021.

The court’s ruling was delivered in an appeal challenging the judgment of Justice Chukwujekwu Aneke of the Federal High Court which on June 18, 2021, discharged and acquitted the defendants on two counts of fraud and money laundering. The Economic and Financial Crimes Commission (EFCC) which arraigned him however challenged the lower court’s decision.

EFCC had arraigned the three defendants over the acquisition of a property named Guinea House, Marine Road, in Apapa, Lagos, for N805 million.

 READ ALSO: Why Move To Impeach Senate President Will Fail – Nwaboshi

Part of the money paid to the vendor – N322 million transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd – was alleged to be part of proceeds of fraud.

Earlier in his judgment, Justice Aneke said the evidence of the prosecutor “proved that the third defendant obtained a loan of N1.2 billion from Zenith Bank to purchase additional equipment and as provision of working capital”.

“It also proved that the loan of N1.2 billion together with interest of N24 million was properly granted to the third defendant .Nothing else was proved by the complainant or prosecutor in this case,” the EFCC quoted the judge as saying in a statement.

The high court judge was also quoted as claiming that a fatal blow was dealt to the case of the prosecution by its failure to call officials of Sterling Bank “to testify and probably tender exhibits F and F10. Consequently, he discharged and acquitted the defendants”.

However, ruling on the EFCC’s appeal on Friday, the Court of Appeal held that the trial judge erred in dismissing the charges against the respondents.

“The court said the prosecution had proved the ingredients of the offence and consequently found the defendants guilty as charged,” EFCC said.

 

Read more authentic news on our social media platforms

Continue Reading

Latest News

Drama In Court As Lawyer Appears In Priestly Attire

Published

on

VIDEO: Drama As Lawyer In Priestly Attire Appears In Court

By John Michael Ojo
There was a mild drama today at the Okpoko Magistrate Court in the Ogbaru Local Government Area of Anambra State, as a lawyer simply identified as Ogbachalu Goshen appeared before the court in a pastoral robe.

But Ogbachalu who was standing before the magistrate, CB Mbaegbu, was denied  hearing on the ground that he was not properly attired, leading to a minor incident in the court.

READ ALSO: Female Students Can Wear Hijab To Lagos Schools – Supreme Court

However,  citing a recent Supreme Court’s judgment which supported the wearing of hijab by female students in public schools as a reference point, Ogbachalu reminded the court that it was his right to dress in his priestly attire as he was an ordained pastor and that the objection by the court to hear him, was an infringement on his fundamental human right as enshrined in section 38 of the 1999 constitution of the Federal Republic of Nigeria

The magistrate however disagreed his submission which only forced the court to dismiss.

 

Read more authentic news on our social media platforms

Continue Reading

Latest News

Court Orders Immigration, Banks To Release David Ukpo’s Details To Ekweremadu

Published

on

Court Orders Immigration, Banks To Release David Ukpo's Details To Ekweremadu

To enable detained former Deputy Senate President Ike Ekweremadu to effectively defend himself in London, a Federal High Court in Abuja on Friday ordered the Nigerian Immigration Service and three banks to immediately release details of David Ukpo to him.

Justice Inyang Ekwo issued the order while delivering judgment in a suit instituted by Ekweremadu and his wife, Beatrice.

The judgment against the defendants followed their non-appearance in court to defend the suit.

By the court order, all official information including the account opening package in relation to Ukpo are to be released to Senator Ekweremadu to ascertain the real age of the said Ukpo.

READ ALSO: Real Age Of Ekweremadu’s Kidney Donor – Immigration

Ukpo had claimed at a London court that he was a minor of 15 years old which led to the arrest and detention of the Nigerian Senator.

Other defendants are the Comptroller General (C-G), Nigeria Immigration Service (NIS); Stanbic-IBTC Bank, United Bank of Africa (UBA), and Nigeria Inter-Bank Settlement System Plc as 2nd to 5th respondents, respectively.

 

Read more authentic news on our social media platforms

Continue Reading

Top Stories

%d bloggers like this: