Final deal on Busquets renewal

Spanish news agency EFE claims that a final agreement on the contract renewal midfielder and Spanish youth international Sergio Busquets (20) has been reached during a meeting on Thursday between Barcelona general director of football Raül Sanllehí and Josep Maria Orobitg, the agent of the player (read more here).

Busquets, whose current B-team contract expires at the end of this season, will renew his contract until 2013.

With the deal being totally agreed upon, the only thing left is the signature, which will take place once Barcelona sports director Txiki Begiristain will have returned from Japan where he is standing by his sick brother.

Barcelona president Joan Laporta and Sanllehí are expected to travel at the end of next week to Japan where FIFA is holding a meeting on 19 and 20 December. This will enable them to personally explain Begiristain the details of the contract that has been negotiated with Busquets.

Busquets' agent Josep Maria Orobitg has confirmed the renewal deal to Catalan radio station Ona FM when leaving Thursday's meeting. Orobitg said that Busquets will sign a five-year contract with an emphasis on the incentives and the progress the player will make. The new contract would include a buyout clause of 80 million euro°. The agreement would be made public next week.

Read more:
Principal agreement on Busquets renewal
Juventus and Arsenal monitor Busquets talks
Deal on Busquets renewal imminent