Pedri’s new deal with Barcelona includes a club record buyout clause.
The midfielder’s previous deal was due to expire this summer but he has now penned terms to 2026.
A €1bn release clause is a new club record for Barça, with Antoine Griezmann‘s €800m clause the previous record high.
Pedri, 19 in November, will speak to the media at a press conference on Friday.
“FC Barcelona and the player, Pedro González ‘Pedri’, have agreed a contract extension up to 30 June 2026,” Barça announced on Thursday.
“The release clause is set at €1bn. The new contract ties down the player from the Canary Islands for the rest of this season and a further 4 years. The official signing will take place on Friday 15 October, with the following schedule:
“• 1.30pm CEST, the signing of the contract in a private ceremony in the president’s office.
“• 2.00pm CEST, a photo session before a press conference in Auditori 1899.
“The player’s presentation will be available for viewing via Barça TV and Barça TV+ from 1.30pm CEST. Barça TV+ will also show a special programme in English featuring Pedri at 1.00pm CEST from Camp Nou.”
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