Pedri has become a key part of Barcelona’s midfield since his 2020 move from Las Palmas for a modest fee that has grown significantly over the years.
The Blaugrana moved quickly to secure a deal for the Tenerife-born player after watching him rise through the youth ranks in Gran Canaria and make his first-team debut in 2019
A month after making his first-team debut for Las Palmas, Barcelona agreed a deal to sign Pedro, with the deal to see him stay in the Canary Islands for the 2020/21 season.
His continued development has seen him grow into a crucial player for club and country, and if he remains injury-free, he is well on his way to club legend status in Catalonia.
The move to bring him to Barcelona could turn out to be one of the biggest bargains in La Liga history, based on an initial fee of €5 million and a series of performance clauses.
Las Palmas president Miguel Angel Ramirez has now confirmed that the full potential price has been paid and the deal is now complete.
“It exceeds 20 million euros. I can’t give details because I don’t remember them exactly, but we have crossed the barrier of 20 million euros”, Ramirez initially told Mundo Deportivo .
“I think there were five clauses when Barcelona signed him, three of the five have already been paid, one for international matches and another variable that I can’t remember haven’t been paid.”
“Pedri’s final transfer to Barcelona ranges between 20-25 million euros”, concluded the president of Las Palmas.