It is now official: Barcelona midfielder Nico González will join La Liga side Valencia on a season-long loan deal, the club announced on Saturday.

This is the full statement from Barça:

"FC Barcelona and Nico González have reached an agreement to renew the player’s contract, which was set to expire on 30 June 2024, for an additional two years through to 30 June 2026. His buyout clause has been set at a billion euros.