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.
They even left him out of the squad for two matches and threatened that he would be banished to the stands for the rest of the season if he stayed without signing a new contract.
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.