Gavi’s representatives Ivan de la Pena, will hold talks with the Barcelona board today as reported by Fabrizio Romano.
The report continued to say that discussions are on a new contract are entering the final stages with a five-year deal on the table.
Football espana reported that the midfielder’s current release clause of €50m will be removed and replaced with a new release clause of €1bn.
Gavi has been fantastic in both club and country. He is representing the country in Nations League. He scored his first goal for Spain against the Czech Republic.
The 17-year-old broke into Barcelona’s first team at the beginning of the season and made 34 La Liga appearances in his debut campaign, contributing two goals and six assists.