Lionel Messi is unlikely to reach an agreement with Paris Saint-Germain to extend his stay at the club, sources told ESPN.

French outlet L'Equipe were first to report the story. Negotiations between the two parties are at a standstill, casting major doubts over the World Cup winner's future in Paris, according to sources.

The French champions want Messi to take a 25% pay cut from his existing salary, which is worth €40 million gross a year, sources have told ESPN.

A new meeting between the club and Messi's father and agent, Jorge, is still scheduled for later this month to find a solution.