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Joan Laporta 'working on new three-year deal for Lionel Messi'... but Argentine star will have to accept pay cut to remain at Barcelona with club no longer able to afford his £65m salary

Barcelona president Joan Laporta is working on a fresh three-year contract for Lionel Messi in a bid to keep their star player at the Nou Camp, according to reports.

The 33-year-old's contract at Barcelona expires on July 1 and he has yet to commit his future to the club where he has played since 2000, amid interest from Paris Saint-Germain and Manchester City.

But ESPN report Laporta - who was re-elected as the club's president following last month's elections - is hoping to convince Messi to stay with a two-year deal and an option for a third year.