Barca's Lionel Messi to be world's highest-paid footballer

MADRID Fri May 16, 2014 9:39pm IST

Barcelona's Lionel Messi plays with a rugby ball during a training session at Ciutat Esportiva Joan Gamper training camp, near Barcelona in Sant Joan Despi, April 15, 2014. REUTERS/Gustau Nacarino/Files

Barcelona's Lionel Messi plays with a rugby ball during a training session at Ciutat Esportiva Joan Gamper training camp, near Barcelona in Sant Joan Despi, April 15, 2014.

Credit: Reuters/Gustau Nacarino/Files

MADRID (Reuters) - Barcelona and Lionel Messi have agreed an improved contract that will reportedly make the four-times World Player of the Year soccer's best-paid player with a net annual salary of 20 million euros ($27.4 million).

Barca did not publish details of the deal but Spanish media said Messi, 26, would remain tied to the club until June 2018, as in his previous contract, and could earn around 5 million euros more per season in performance-linked bonuses.

The Argentina captain would also regain control of his image rights, one report said, further boosting the income of a man Forbes magazine estimates is the 10th highest-earning athlete, with annual revenues of $41.2 million including wages and endorsements.

"FC Barcelona has reached an agreement to adjust the terms in the contract binding Leo Messi to the club as a professional first team player," Barca said in a brief statement on Friday.

"The revised and updated contract will be signed over the next few days," they added.

Messi, who had been earning a net 13 million euros per season, will top soccer's earnings list ahead of Real Madrid forward Cristiano Ronaldo on 18 million euros and Zlatan Ibrahimovic of Paris St Germain on 14.7 million, sports daily Marca said.

Messi is Barca's all-time leading scorer with 354 goals in 424 official games and news of the deal is a boost for the club before Saturday's La Liga showdown against Atletico Madrid.

"Anything that is good for Messi is good for Barca," coach Gerardo Martino told a news conference on Friday. "It is a very good piece of news for both parties."

Since Messi made his debut in the 2004-05 season, Barca have won 21 titles, including three Champions Leagues and six La Liga crowns.

He joined Barca's academy at the age of 13 after a spell at Newell's Old Boys in his native Rosario.

Messi and his father last year paid 5 million euros to the Spanish authorities as a "corrective payment" after they were accused of filing false tax returns.

The pair, who both denied wrongdoing, allegedly hid more than 4 million euros by filing incomplete returns for the years 2006 to 2009.

The sale of Messi's image rights had been hidden using a complex web of shell companies in Uruguay, Belize, Switzerland and the United Kingdom, the prosecutor's office for tax crimes in Catalonia said.

($1 = 0.7291 Euros)

(Reporting by Iain Rogers, editing by Ed Osmond)

Australian Open

Reuters Showcase

Stake Sale

Stake Sale

Strong demand for Coal India boosts privatisation drive.  Full Article 

Pharma Deal

Pharma Deal

Sun Pharmaceutical wins U.S. approval to buy Ranbaxy  Full Article 

SpiceJet Bailout

SpiceJet Bailout

SpiceJet board approves up to $243 mln share sale plan  Full Article 

AirAsia Jet Crash

AirAsia Jet Crash

AirAsia captain left seat before jet lost control - sources  Full Article 

India Art Fair

India Art Fair

Art fair turns India's capital into art hub.  Full Article 

Romney Opts Out

Romney Opts Out

Republican Romney opts out of 2016 run for president.  Full Article 

Movie Review

Movie Review

"Rahasya" is an ode to Agatha Christie.  Full Article 

Safety Concerns

Safety Concerns

Aviation leaders seek new safety mandate after deadly 2014.  Full Article 

Movie Review: Hawaizaada

Movie Review: Hawaizaada

Movie Review: Hawaizaada  Full Article | Related Story 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage