Yea, but the club is not giving up on Messi to save cost. Messi doesn't want to stay except on a fat contract. Which is not possible financially.
I know you're a famous shit-poster here, but I'll clarify for anyone else reading who doesn't full understand the situation:
La Liga has a rule in place that if a player's contract is reduced, for the salary cap the minimum it can be reduced to is 50% of the previous years salary. So Messi could literally play for free and it still wouldn't matter because 50% of his previous salary would still count against our cap. By all accounts apparently Messi wanted to go down to 30% of his previous contract, but it wouldn't have made any difference.
People also seem oblivious to the fact that Messi is probably the only player in the squad who was generating more revenue for the club than his previous contract was costing. Rosell and Bartomeu have set this club on the path to becoming a team like Arsenal, and you can thank the Socis who refused on multiple occasions to vote them out.