Barcelona extend Pedri deal with a release clause of €1 billion

Barcelona have agreed a contract extension until 2026 with 18-year-old midfielder Pedri.

The Spain international also has a €1 billion (£846m) release cause in his new deal.

A statement confirming the deal on Barca’s official website reads: “FC Barcelona and the player, Pedro Gonzalez ‘Pedri’, have agreed a contract extension to 30 June 2026. The release clause is set at €1 billon.

“The new contract ties down the player from the Canary Islands for the rest of this season and a further four years.”

Pedri has made two appearances for Barca in the La Liga this season.