Transfer News: Barcelona Set To Secure Lionel Messi's Future After Receiving La Liga Loan

The future of La Liga has finally seen some sense of security after the top Spanish league received a major influx of cash in a deal with CVC Capital Partners.

The deal is reportedly for €2.7 billion ($3.2 billion) wherein La Liga will be creating a new business that CVC will have a 10% stake in and 90% of the deal will be going to La Liga clubs as they try to find summer transfer signings as the window winds down.

For Barcelona, this gives them the financial flexibility that they need to ensure Lionel Messi’s extension and also confirm the arrival of their summer transfer signings.

The club has been selling or loaning players in order to make ends meet, but with the new deal, they willl be able to have Messi on the team while having minor upgrades across the club.

This summer, Barcelona has seen the departures of left-back Junior Firpo, center-back Jean-Clair Todibo, central midfielder Carles Alena and left-back Juan Miranda.

The COVID-19 pandemic has hit Spain hard and La Liga revenues took a major hit, leaving clubs to scrounge up what little finances they could to make things work.

Barcelona president Joan Laporta gave an update on Messi’s contract recently and mentioned that “everything is on the right track” for him to remain with the club at the start of the 2021-22 season.

Barcelona is poised to receive around €280 million ($332 million) of funding in the loan deal.

"It will be distributed according to the contributions that the clubs have had since the centralization of audiovisual rights in 2015, a key moment in the promotion of LaLiga," a league source said. "It does not take into account a specific moment, but the average situation of the clubs in the last seven years."

ESPN reports that the money must be used in a specific manner, namely: 70% on investments pertaining to long-term growth, 15% on refinancing debts, and 15% can be used to increase league-imposed spending limits.

The report also mentions that Thursday “could be a key day,” pertaining to Messi’s new extension, according to a Barcelona source.

This is a huge break for La Liga clubs as the top-flight Spanish league looks to bounce back from the struggles of dealing with the global pandemic heading into the new season.