Official: Barça renew contract of La Masia star who will be promoted to the first team

FC Barcelona have officially confirmed that they will renew the contract of Alex Collado until 2023. The club has exercised the option to activate the two-year extension on the B-team captain’s contract, which is now valid till June 30th 2023.

Since making his debut for Barcelona B back in March 2018, Collado has quickly risen through the pecking order and has already earned a few call-ups to the first team squad, where he has already made his debut. The promising young winger has already won the league as well as the UEFA Youth League in the 2017/18 season with the club.

His regular stints with the first team is not too far away by the looks of things, as journalist Albert Roge also states that Collado will be promoted to the first team next season. In a heavily youth-infused Barcelona squad under coach Ronald Koeman, he is bound to have chances to prove his pedigree.

❗ [ÚLTIMA HORA] ❗

? Álex Collado, blaugrana fins al 2023

? Tots els detalls ? https://t.co/kUSymzdvGA#ForçaBarça ?❤ pic.twitter.com/sk5xE2N4gC

— FC Barcelona B (@FCBarcelonaB) March 31, 2021

The 21-year-old’s release clause has subsequently been altered, which initially stood at three million euros, going up to 50 million euros after his previous extension. If and when he secures official promotion to the first team, that amount will go up to 100 million euros.

Reports stated that Collado had already previously received offers from clubs outside Spain in the Bundesliga and Premier League. Under Ernesto Valverde back in the 2018/19 season, he has already dipped his toe into the first team waters against Celta Vigo. He has made 77 appearances for the B team and has 16 goals to his name.

It will be a joy to see him regularly within the first team dynamics.

Read More: Alex Collado and the long-overdue promotion to the Barcelona first team