Spanish international Andres Iniesta has agreed to extend his Barcelona contract until at least 2018, the club said Thursday.
"Iniesta's extension is confirmed, we have shaken on it and that is enough for us," Barcelona president Sandro Rosell told a news conference.
The deal will most likely be confirmed on Monday, he said, putting an end to weeks of rumours about the player's future.
The 29-year-old midfielder's contract will keep him with Barcelona until 2018, after which it can be extended annually depending on his sporting performance, confirmed Rosell.
The Barcelona president gave no financial details regarding the deal but in September he claimed Iniesta should be the second best paid player in the team, which also features four-time FIFA World Player of the Year Lionel Messi and Brazilian international Neymar.
Iniesta, a product of Barcelona's famous La Masia youth academy, had reportedly been a transfer target for several major European clubs.
However this contract extension will mean he is tied to the La Liga champions until he is at least 34-years-old.
His current contract, which runs out in 2015, carries a 200-million-euro release clause.
