Barcelona reach agreement with La Masia graduate over a new contract until 2027

In another positive development for Barcelona, Ferran Correas of SPORT is reporting that the club have reached an agreement with youngster Alejandro Balde over a new contract until 2027.

The 19-year-old has enjoyed a stunning breakthrough campaign under Xavi Hernandez this season, displacing Jordi Alba as the first-choice left-back at Barça and cementing the spot with a series of impressive displays.

Balde’s quality and potential were on full display this past weekend as he scored and assisted a goal apiece in the win over Espanyol that helped seal the La Liga title victory.

The Spaniard’s current contract with the club stands to expire in 2024, which has alerted clubs across Europe.

However, talks over a renewal had been going on in a positive manner with Balde’s agent, Jorge Mendes, for a while now.

And now, SPORT’s Ferran Correas is reporting that there is a total agreement between the two parties over a new deal that would run until the summer of 2027 and come with a release clause worth €1 billion.

With the agreement being firmly in place, Barça are now awaiting the green light on their economic viability plan from La Liga to make the youngster’s contract renewal official.

The La Liga delegate commission will meet this Friday, May 19, and that is when Barcelona are hoping they will receive the approval on their viability plan.

Once that is done, Balde’s renewal would be made official and registered as well, along with the contracts of Gavi, Ronald Araujo, Inaki Pena, Sergi Roberto, and Marcos Alonso.

In all, Balde has played 41 matches for the Blaugrana this season and has contributed one goal and seven assists in the process. The new contract is a just reward for the campaign he has had.