Barcelona will officially announce Xavi’s new contract renewal next week – report

Having once completed club football as a player, Xavi is looking to recreate those joyous memories as a coach, with FC Barcelona in the process of formalizing his contract extension.

In November 2021, Xavi was appointed manager at Barcelona, where he arrived with the intention of steadying their tumultuous season.

He ended the campaign with a second-place finish in La Liga and then went on to taste the divine nectar of victory in the very next term.

The 43-year-old’s contract expires in 2024, and since the conclusion of the previous season, there have been rumours about a new agreement.

Xavi’s renewal is imminent

Indeed, according to AS, the extension of Xavi and the rest of the staff until June 30, 2026, is almost complete.

It is actually “a matter of days,” according to the coach’s crew. Assuming there are no unforeseen delays, the official announcement of the coach’s renewal is anticipated to be revealed between Tuesday and Wednesday of next week.

Xavi himself desired to prioritize the interests of the squad, hence, the announcement had been postponed.

Now with the transfer market officially closed and the season underway, it is expected that the coach will soon be extended officially.

Financial benefit

Joan Laporta aspires to retain Xavi for the entirety of his presidential term until 2026, and thus Xavi is expected to receive an improved contract in terms of finances.

When the coach first arrived, he accepted minimal terms owing to the club’s on-the-brink financial state.

But now, the expectation is that the club legend and his staff will receive an increase in wages, albeit in accordance with the club’s recovering finances, which once again pays testament to the manager’s commitment to the Blaugrana project.