Messi accepts 50 per cent pay cut as he 'understands the club situation' – multiple sources

Leo Messi has accepted to cut his previous Barcelona wages by 50 per cent, Diario Sport understand.

The Argentine 'understands the club's financial situation' and must be the first player to set an example, as explained by the source.

The 34-year-old will sign a new deal until 2026.

Messi's previous Barca deal was reportedly worth $168.5m per year; even with the reported salary cut, he'll be making about $84m annually.