Barcelona have announced that midfielder Sergio Busquets will sign a new contract with the club on Tuesday.
Busquets, 25, agreed to extend his existing deal during talks with Barca officials in July, and will now put pen to paper at a special event at the Camp Nou’s offices this week.
A blaugrana club statement released on Monday afternoon confirmed the news.
"Sergio Busquets will sign this Tuesday the renewal of his contract with FC Barcelona, tying him to the club until June 30 in the season 2017-18, with another optional year,” the statement read. “His release clause will remain €150 million. The club and the player reached this agreement on July 16 last month, the day the azulgrana midfielder celebrated his 25th birthday."
Club president Sandro Rosell and Busquets’ agent, Josep Maria Orobitg, are scheduled to attend Tuesday’s ceremony.
A graduate of Barca’s La Masia academy, Busquets made his senior debut in September 2008 under then coach Josep Guardiola. He has since made 238 first-team appearances, while winning two Champions League trophies, four Primera Division titles, two Copa del Reys and two World Club Cups.
Over recent seasons a number of clubs outside La Liga, including Manchester City and Paris Saint-Germain, have reportedly been interested in signing the Sabadell-born player. However, he has never given any indication of wanting to move on.