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Messi to sign new Barcelona contract after La Liga receives €2.7bn loan injection

 The league has seen a massive injection of funds that will help clubs recover from the economic issues caused by the coronavirus

Lionel Messi will sign a new contract with Barcelona on August 5, Goal can confirm, after the Spanish club received a significant loan payment from La Liga.

After battling economic problems due to the coronavirus, Spain's top-flight league has secured an incredible €2.7 billion (£2.3bn/$3.2bn) loan from CVC Capital Partners, with a majority percentage to be distributed to each club.

Barcelona will receive €280m (£238m/$331m) from La Liga, with €42m (£36m/$50m) of that figure being allocated to transfers and wages, meaning that the Messi renewal is able to be completed.

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