Neymar, who joined Barcelona from Santos in 2013, will put pen to paper on Friday.
@FCBarcelona: [CONTRACT NEWS] @neymarjr will sign new contract on Friday that will keep him at the Club until June 2021
There has been speculation over the 24-year-old’s future in recent transfer windows, with reports that Manchester United were once considering an audacious bid to sign the Brazilian.
Last week it was claimed that French outfit Paris Saint-Germain were plotting an offer in excess of £200m for Neymar, but Barcelona have now dispelled any rumours about his future.
Neymar has become an integral part of Barcelona’s team having scored 77 goals across La Liga and the Champions League since his arrival three years ago.
Since the 2014-15 campaign, Neymar, Luis Suarez and Lionel Messi have scored a combined 276 goals in all competitions for the Spanish outfit.