Lionel Messi, the highest-paid footballer in the world, has made headlines with his extravagant $17.6 million private jet, a Gulfstream V.
While the luxury aircraft boasts impressive specifications, its exorbitant cost has raised concerns, particularly from Messi’s management agency. This article explores the details of Messi’s private jet and the implications it has on his financial management.
The Gulfstream V: A Symbol of Luxury: Manufactured by Gulfstream Aerospace in 2004, the Gulfstream V is a commercial jet renowned for its opulence and performance.
Powered by two Rolls-Royce BR700-710A1-10 turbofan engines, the aircraft can reach a top speed of 0.88 Mach (approximately 940 km/h) and has a maximum range of 12,000 km. With dimensions of 29m x 28m x 8m, it offers ample space for 14 passengers and 4 crew members.
Customizations and Upgrades: Messi’s Gulfstream V has been extensively customized to reflect his personal style and preferences.
The interior features luxurious materials such as leather and wood, with personalized touches like engraved steps bearing the names of Messi, his wife Antonella, and their three sons. These modifications were carried out by a tuning company in Argentina, significantly increasing the overall cost of the aircraft.
Controversy Surrounding the Purchase: Reports differ on whether Messi purchased the plane outright or leased it. While some sources claim he bought it in late 2018, others suggest a long-term lease arrangement.
The excessive customization and high price tag have drawn criticism, particularly from Messi’s management agency, concerned about the impact on his financial management and image.
Financial Considerations and Comparison: With a price tag of $17.6 million, Messi’s Gulfstream V is among his most significant investments.
However, comparisons with other luxury vehicles, such as the Pagani Zonda and the 1957 Ferrari 335 S Spider Scaglietti, show that the jet falls behind in terms of value. Nevertheless, the focus remains on the financial implications of such extravagant purchases, considering Messi’s annual salary exceeding 83 billion USD.
Management Agency Concerns: Messi’s management agency is reportedly unhappy with the purchase of the private jet, citing concerns about the impact on his financial stability and public image.
Managing high-earning athletes involves balancing personal spending with long-term financial planning. The agency aims to guide Messi towards responsible financial decisions that align with his long-term goals and commitments.
Lionel Messi’s acquisition of a $17.6 million Gulfstream V private jet has sparked controversy and criticism from his management agency.
While the luxury and customization of the aircraft are impressive, questions arise regarding the financial prudence and long-term consequences of such an extravagant purchase. As Messi’s career continues to flourish, responsible financial management will play a crucial role in maintaining his wealth and reputation.