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Lamine Yamal is the new face of this FC Barcelona. At only 17 years old, the The Masia The sensation has taken the world by storm and is undoubtedly one of the best young attackers in the game currently, as evidenced by his Golden Boy and Kopa Trophy wins in 2024.
Lamine has a contract with Barça until 2026, which the club is working to renew when he turns 18. Although there is an agreement with his agent, Jorge Mendes, to extend the agreement until 2030, the Catalans want to offer better conditions to reflect his meteoric rise.
Barcelona will take a measured approach
However, while Barcelona are keen to offer an attractive contract to Lamine Yamal, they suggest a strategic approach to his wage rise to avoid a financial crisis by handing him a Lionel Messi-type contract, AS reports.
When Joan Laporta returned as president of Barcelona for his second term, one of the biggest challenges he faced was resolving the club’s financial problems.
When reviewing the club’s figures he found the harsh reality that the blaugrana He could no longer afford Messi’s contract. Letting the club legend go was one of the most difficult decisions of Laporta’s second term.
However, the financial reality was that the figures involved in Messi’s contract made it unviable to renew it, even after having accepted a 50% salary reduction.
Laporta and his board have been working very hard to reduce the wage bill, which had gotten out of control and was a significant burden on the club’s finances. There is a clear determination not to return to those excesses.
Learning from the mistakes of the predecessor
Lamine’s case is particularly delicate, as he is now considered the club’s new superstar. The sports management is fully aware that, sooner rather than later, he will need to become the highest paid player on the squad.
However, they also emphasize that Lamine is still only 17 years old and that any improvement to his contract must be gradual to avoid repeating past financial mistakes and leading to issues with financial fair play or inflated salaries.
Barcelona is committed to scaling the economic growth of the teenager’s contract over time.
“You cannot give 15 million euros net to a 17-year-old, because when he is 23 he could demand double that.” club sources said.
Therefore, the main task in the next renewal is to convince Lamine and his team that the best approach for both his future and the sustainability of the club is a gradual improvement of his contractual conditions, rather than a dramatic salary increase that could jeopardize the wage bill. and the financial health of the club.
In the past, Barcelona was suffocated by astronomical salaries (not just Messi’s) that were unsustainable in relation to the club’s income.
Ultimately, the pandemic dealt a fatal blow to Josep Maria Bartomeu’s board of directors, who had chosen to live on the financial edge.
Laporta and his team have managed to reverse this situation and are determined not to make the same mistakes again.
