Meanwhile, Manchester United are said to have failed in their bid to sign Los Blancos youngster Miguel Gutierrez.
The Spain global enjoyed an impressive start to the life at the Santiago Bernabeu but his future at the club came under major scrutiny during the the first part of last season.
Barcelona will reportedly turn their attention to rivals Real Madrid and look to trigger Marco Asensio’s release clause as part of a shock twist in their efforts to replace Neymar.
Of course, that means that Real Madrid would have to win the head-to-head tiebreaker, given that goal difference is not the first tiebreaker in La Liga.
Under the new contract salary Zidane will grow from 4.35 million euros to 8 million.
Asensio joined Madrid from Mallorca for just £3m in 2014 and he’s developed in to one of the hottest properties in Spanish football over the past three years.
Speaking about Barcelona’s recent changes, Zinedine said Barca’s playing style will not change despite having a new coach Ernesto Valverde and losing Neymar to Paris St Germain in a record-breaking transfer.
He has also guided Madrid to the Fifa Club World Cup and two Uefa Super Cup wins, the last of which came earlier this week with victory over Manchester United.
AS now claims that a reliable club source has confirmed that the agreement is all but done and will be announced in the coming days.
The 25-year-old actually signed the deal in July, before heading to the USA for Real’s pre-season tour, but it was agreed not to make the extension public until this month.
Do you think the 21-year-old should consider moving away from the Santiago Bernabeu?