Barcelona midfielder Sergio Busquets is close to signing a new contract at the Camp Nou, according to Mundo Deportivo.

The Spain international has been in talks over a new deal over the summer and is now set to put pen to paper after agreeing terms.

As well as a wage increase, the 30-year-old’s release clause will increase from €200 million to €500m.

The Catalonia native has made 482 appearances during his 10 seasons to date with the Blaugrana.