"The deal will be signed in the coming weeks, when Messi returns to the team for pre-season training," read the club website.
"The Club is very happy with both the renewal and the commitment of Messi, the best player in history, who has played his full professional career at Barça and has led the team to an era of extraordinary success, the likes of which has never been seen in world football," it said.
With Barça, the no.10 has scored 507 goals in 583 matches and is the club’s record goalscorer, as well as La Liga’s record goalscorer.
Messi recentlytied the knot with his longtime girlfriend Antonella Roccuzzo in his hometown Rosario.
Messi, a renowned footballer, met Rocuzzo when he was just five years old.
The couple have two sons and now live in Barcelona.
Among the 260 guests were footballers and celebrities, including Colombian pop star Shakira, who attended the event with her husband and footballer Gerard Pique.
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