Lionel Messi has officially put pen to paper on a new Barcelona deal, tying his future to the club until 2021.
Barcelona announced a verbal agreement over a contract extension in July with reports suggesting a €300 million release clause.
However, as explained by Barcelona president Josep Maria Bartomeu, the effects of Neymar’s mammoth move to Paris Saint-Germain has impacted the climate of the transfer market, calling for a significant upgrade.
As announced through Barcelona’s official website, the Argentine lynchpin has signed an extension that includes an extraordinary €700 million release clause.
“The objective is to continue achieving things and making history,” said Messi, a four-time winner of the UEFA Champions League and eight-time winner of La Liga with Barcelona.
“We’ve been lucky enough to have won a great many things and I hope there will be more in the future.”
Lionel Messi is the top-scorer in La Liga with 12 goals in as many appearances, propelling Barcelona to the top of the table after losing out to Real Madrid last season.