Spainish club FC Barcelona has confirmed that Leo Messi will not renew his contract.

Through its official website, the club has said it happening because of financial and structural obstacles.

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

As a result of this situation, Messi shall not be staying on at FC Barcelona. 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 aggrandisement of the club and wishes him all the very best for the future in his personal and professional life.” Barcelona posted in a statement