Could he do it? Could Barcelona afford it? Would Barcelona fans welcome it?
The issue with any potential Messi return at this point is that Barca appear to have moved on, at least on the pitch.
They were admittedly dire at times in their first season after the Argentine left, and finished 13 points behind Real Madrid in La Liga. By the end of the season, Luuk de Jong was playing up front.
But in 2022-23, Xavi has turned things around - and rather quickly given the mess the Bluagrana were in. He's been backed in the transfer market, encouraged to develop his own style, and clearly has control of the dressing room. It all amounts to a club that is in pole position to regain the Spanish title and could conceivably win the domestic double.
So where's the room for Messi?
Arguably, the Blaugrana could do with an extra attacking player, one to hold things together in the final third. Messi certainly ticks that box.
But this would not just be a signing for tactical sake. A reunion would be emotional, a return of a king who was never really supposed to leave.
Club president Joan Laporta and Xavi have both acknowledged, in some way, that they'd welcome it. And Messi has never shut the door on donning a Barca shirt again.
The move will now be made a lot easier by PSG's latest European failure. It could even be argued that, by next year, the Blaugrana will be better equipped for Champions League success than the Parisians.
Messi will be 36 by the time next season comes around, but is out of contract this summer and so would require no transfer fee. Given Barca's improvement and his emotional bond with the club, a reunion could really happen.