The Barcelona forward, who missed the Champions League quarter-final tie with Manchester United with a hamstring injury, has signed a new contract with the Spanish giants, which sees him earn up to €100 million a year.
“I have never been more happy for my family and friends,” he told a news conference.
“This is the best club in the world.
We have a wonderful team, I have had a great career and I am very happy for this club.”
Barcelona will also retain a majority stake in the Nou Camp stadium that houses the club’s first team, with Neymar, Luis Suarez, Gerard Pique, Luis Suárez and Dani Alves still occupying the positions.
However, the 27-year-old will not be involved in the team’s pre-season tour of America and will instead stay at the Nou, where he will be supported by the Barcelona supporters.
“There is a lot of excitement because we will be able to travel together and see all the new fans and it is a great opportunity for me to show my affection for this great club,” he added.
“We will meet the fans from around the world and hopefully we will experience the excitement of Barcelona.”
The Catalan club’s new agreement will take effect immediately after the first leg of the Champions Ligue 1 semi-final between Barcelona and Paris Saint-Germain on Friday, but Barcelona have been given until April to negotiate a new deal.
The club, which has also confirmed that it will continue to hold onto the right to negotiate the extension of the player’s contract, will be hoping to get a deal done before the end of the month, when the Nou is expected to host a pre-tournament friendly against Real Madrid.
The player is now expected to sign a new one-year contract with Barça, although he will not receive a bonus payment.