Following the expiration of his prior contract on June 30, Ousmane Dembele has finally reached an agreement on a new deal with Barcelona that will last until 2024.
The Catalan club confirmed on Thursday, putting an end to months of speculation about the player’s future.
By signing a two-year contract and a 40 percent pay cut, Dembele, 25, extended his five-year stay at Camp Nou.
In January, Barca had told the French national to find a new club after failing to strike an agreement over a renewal.
PSG and Chelsea were heavily connected with signing Dembele, who became a free agent this month, but sources close to the player have always stated that staying at Barcelona was his first choice.