A Spanish newspaper leaked the details:
Messi was earning a salary of 138 million euros per year (over $166 million/year), and got a 115 million euro renewal fee and a 78 million euro loyalty bonus.
Look, I am a huge Messi fan, so I’m not begrudging him anything. But I do have a few ignorant-American questions:
- Is a renewal fee and loyalty bonus the norm in European football, and how is it different than a signing bonus in American sports?
- Why is a team like Barca over 400 million euros in debt? Is debt the norm for European teams? Are any North American teams in debt?
- How much would it cost to sell a player like Messi?
- Why were his contract details secret? Is it customary for European sports salaries to be secret? In American sports, they’re all totally public.