Paris St.-Germain, the French soccer powerhouse bankrolled by the state of Qatar, has agreed to a two-year contract with Lionel Messi.
The agreement, which comes days after Messi bid a tearful farewell to F.C. Barcelona, the club where he had spent his entire career, concluded a brief and exclusive bidding war for Messi and reunited him with his former Barcelona teammate Neymar on one of the most expensive and talented attacking teams in soccer history.
The deal also highlighted how Gulf riches have so altered modern soccer’s economics that even some of the world’s biggest, richest and best-supported teams are now no match for state-sponsored teams in the arms race to acquire the most elite players.