Daniel Alves is ready to sign new terms with Barcelona. The fullback is off contract in June and was expected to leave Barca at the end of this season.

But Radio Cope reports Alves and Barca have verbally agreed a deal and an announcement is imminent.

Alves has accepted a pay-cut on his current wages to stay.

The 31 year-old defender has been with Barca since 2008.