Barcelona have finally completed a new deal for midfielder Xavi after months of negotiations.
Xavi's new contract will see him pick up €7.5million a year with five more incentives added on. Most importantly the deal will run to 2014 after the club had initially stalled on a shorter contract.
The new deal will keep the Spain international at the club until his 33rd birthday.
There was never any doubt over the Spaniard's commitment to the Catalan's cause but the player's representatives had been wrangling for the extra year on the clubs initial offer of 2013.
In order to finalise the deal Barca president Joan Laporta was in attendance taking the place of sporting director Txiki Beguiristain who was absent due to important family issues.
Both parties are said to be happy with the deal and the news will no doubt please Barca manager Pep Guardiola as he sees the 28 year-old as a key figure in his plans.
Xavi has had a productive season so far scoring six goals from midfield, helping the club to the top of the table both at home and in Europe.