End of an era: Lionel Messi to leave FC Barcelona

Barcelona announced Thursday that Messi will not stay with the club, saying that the Spanish league’s financial regulations made it impossible to sign the Argentina star to a new contract.

He is leaving after 17 successful seasons in which he propelled the Catalan club to glory, helping it win numerous domestic and international titles since debuting as a teenager.

Barcelona said in a statement that a deal for a new contract had been reached but financial “obstacles” made it impossible for the player to remain with the club.

“Despite club and player reaching an agreement and their clear intention to sign a new contract today, this cannot happen because of financial and structural obstacles,” the club said.

It blamed “Spanish league regulations” for not allowing the club to sign a new contract with the player. His previous one had ended on June 30.

“As a result of this situation, Messi shall not be staying on at FC Barcelona,” it said. “Both parties deeply regret that the wishes of the player and the club will ultimately not be fulfilled.

“FC Barcelona wholeheartedly expresses its gratitude to the player for his contribution to the aggrandizement of the club and wishes him all the very best for the future in his personal and professional life,” the statement said.

Messi had asked to leave Barcelona for free at the end of last season but had his request denied by then-president Josep Bartomeu. Joan Laporta took over the presidency and appeared to have convinced Messi to stay. But Laporta had said recently that the club was struggling to fit the player’s salary — even with hefty reductions accepted by the player — into the league-controlled salary cap.

In Messi’s previous contract, signed in 2017, he reportedly earned 138 million euros ($163 million) per season.

Messi arrived at Barcelona at age 13, when he and his family came to Spain to try his luck at Barcelona’s youth academy. He made his official debut on Oct. 16, 2004, and two years later helped the club win its first Champions League in a squad led by Ronaldinho.