Six-time Ballon d'Or winner, he arrived in Paris Tuesday afternoon to undergo a medical. He also signed a two-year contract with the French club. This deal is worth PS25m annually after taxes plus bonuses. As part of the move, Messi will be paid a PS25m sign-on fee and will wear the No. 30 shirt for PSG. This is the same number that he wore to his debut in Barcelona in 2003. The 34-year old was expected to extend his 21 years stay at Barcelona with a new five-year contract. However, the club announced that there were "financial as well as structural obstacles" which prevented the agreement from being fulfilled. Messi stated that he was excited to start a new chapter in his career at Paris Saint-Germain after signing for PSG. Everything about this club matches my football goals. "I know how talented this squad and coaching staff are. I'm determined to build something special for the club, the fans, and I look forward to getting out on the Parc des Princes pitch." Nasser Al-Khelaifi, chairman of PSG, said: "I am delighted Lionel Messi has chosen Paris Saint-Germain to join him. We are proud to host him and his family in Paris. "He made it clear that he wants to compete at the highest level and win trophies. Naturally, our club's ambition is to do the exact same. "The club's successful and strategic transfer window continues with Leo joining our elite squad. "Led by our outstanding coach, and his staff," I look forward to the team making history for our fans around the globe. Messi will hold his first press conference as a PSG Player at 10 am (BST), Wednesday at Parc des Princes He said that he wanted to remain in Barcelona, and he did "everything" to keep the club going. This included agreeing to a 50% wage cut. Barcelona's club spending rules are crippling. Even halving Messi’s salary was not enough to keep him at the Nou Camp. After leaving Barcelona last week, Messi considered two options. However, he has now joined PSG. Their potential to win major trophies (including the Champions League) was a key factor in his decision for France. Messi is believed to also have wanted to reunite with Neymar. They won three Copa del Reys, two La Liga titles, and the Champions League together in Barcelona.