The most exciting news story in world football these days is clearly the situation of Lionel Messi. It had already become clear that the Argentinian star would have to leave FC Barcelona after more than 20 years for various financial reasons. It is not yet clear where he will end up, but it is very likely that his new club will be the Paris Saint-Germain. If this is indeed the case, Paris will have perhaps the most powerful team in the world with Neymar Da Silva Santos Júnior or even with Ángel Fabián Di María. The latter are also his best friends, having even spent a holiday together in July.

Lionel Messi's transfer question has also pushed up PSG's token value

A press conference was held in Barcelona on Sunday lunchtime, where six-time Ballon d'Or winner Messi tearfully bid farewell to the Catalan club. It also emerged that, despite agreeing to a 50% cut in his salary, even that was not enough. Under Spanish rules, the amount of wages paid in a club cannot exceed 70% of the club's total annual revenue. But Messi's salary, even under the new deal, would be 110% of total income at Barcelona. And if you look around the internet now, you can see that his arrival at PSG is almost universally being treated as a cash deal, with everyone just waiting for concrete confirmation.

Image source: CoinGecko.

However, on hearing this news, the club's fan token, $PSG, increased in value by more than 50%. In a single day, the price went from $29 USD to $44 USD. But since there has been no further official confirmation, the value of the coin has fallen back a little, but at the time of writing it is still worth nearly 50% more than it was on, say, Saturday. The token was launched back in 2020 in partnership with PSG and the socios.com blockchain-based platform. As with all other similar tokens, $PSG allows its holders to access special content, have the right to vote on certain things, but also get extra rewards and experiences. Today, you can find teams in every top league holding such tokens.