A significant development is that Marc-Andre ter Stegen and Barcelona have fully agreed to terms on a new five-year contract, according to Luis F. Rojo of MARCA.

The new contract that the second club captain would sign would include a wage deferral and an expiration date of 2028.

Ter Stegen will actually receive less money during the first two years of the new contract as part of the deal; however, the difference will be made up in the following years.

According to the article, this action will greatly aid the Blaugrana in terms of their Financial Fair Play condition.

Ter Stegen at Barcelona for five more years this week, Ter Stegen’s agent traveled to Barcelona to meet with the new sporting director Deco and talk about the contract extension. Both parties wanted to reach an agreement on renewal as soon as feasible. The 31-year-old also sought to demonstrate his dedication to the team by agreeing to lower his compensation to assist them. And it is now believed that there is complete agreement.Barcelona will be able to create more Fair Play margin thanks to Ter Stegen’s decision to lower his wage for this season, which will also help them in their effort to sign and register new players. The second captain’s gesture may ensure that the Blaugrana do not encounter any issues with Joao Cancelo’s signing or registration given that it is believed that his arrival is not far off. In 2022–2023, Ter Stegen may have had his best season playing for Barcelona, setting new benchmarks for shutouts and ultimately taking home the Zamora Trophy.His contract with Barcelona, which expires in 2025, had been eagerly anticipated, and his performances last season only strengthened their position. And now it looks like everything is in place for Ter Stegen to maybe finish off his career with the Catalan team.