Lionel Messi will not be training with Barcelona until he signs a new contract at the Spanish club, according to reports.

The Argentine has been a free agent since July 1 but is still likely sign a new deal at the Catalan giants.

Despite an announcement that Messi would sign a five-year deal the contract has yet to be signed.

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Due to Barcelona’s financial struggles, their captain has been forced to accept a pay cut in order to remain at the Nou Camp.

The deal which is yet to be signed will reportedly see him take a 50 per cent pay cut.

His previous contract expired on June 30 meaning that he has been a free agent since July 1 but he is unlikely to agree terms elsewhere.

However, Barcelona forward will not be training with his club until the new contract is signed, according to Spanish newspaper AS.

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Messi posted a picture of himself sipping cocktails with Luis Suarez as reports emerged that he is ‘banned’ from Barcelona training.

The Argentine has been a free agent since July 1 but is expected to sign fresh terms on a new deal before the start of the La Liga season.

Reports last month indicated that Messi was prepared to take a 50 percent pay cut and sign a new five-year deal with Barcelona.

But with less than two weeks until the Catalan club get their campaign underway, the 34-year-old’s future is still up in the air – not that Messi seems particularly fazed by the whole affair.