Lionel Messi will be staying in Barcelona because it is “impossible” for any team to pay his release clause and he does not want to face the club in court.
Last week, 33-year-old Messi sent a fax to Barca last Tuesday saying he wanted to exercise a clause in his contract which he said allowed him to leave for free.
But the club said his US$ 829.26 million release clause would have to be met.
“I thought and was sure that I was free to leave,” Messi told Goal.
“I told the president and, well, the president always said that at the end of the season I could decide if I wanted to go or if I wanted to stay and in the end he did not keep his word.
“Now I am going to continue in the club because the president told me that the only way to leave was to pay the 829.26 million clause, and that this is impossible.”
Messi, whose contract expires next summer, says the fact he did not tell Barca he wanted to leave before 10 June was crucial, and had he done so his release clause would not have had to be met.
Messi’s father Jorge had held talks in Barcelona this week and insisted his son could leave for free, only for La Liga to back Barca’s stance over the release clause.
Manchester City were among the clubs linked with Messi when he made clear he wanted to end his 20-year stay at the Nou Camp, nine days after an 8-2 defeat by Bayern Munich in the Champions League quarter-finals.
That result meant Barca ended the season with no silverware, and they replaced manager Quique Setien with former Everton and Netherlands manager Ronald Koeman.
Messi is yet to train with his team-mates since Koeman’s arrival and admits the club’s lack of recent success influenced his decision to ask to leave.
“I looked further afield and I want to compete at the highest level, win titles, compete in the Champions League,” he said.
“When I communicated my wish to leave to my wife and children, it was a brutal drama.
“The whole family began crying, my children did not want to leave Barcelona, nor did they want to change schools.
“I love Barcelona and I’m not going to find a better place than here anywhere. Still, I have the right to decide.
“I was going to look for new goals and new challenges. And tomorrow I could go back, because here in Barcelona I have everything.”