The Barcelona midfielder impressed from the moment he made his February 2021 debut.
He has since played 46 times for Barca and ten times for Spain.
His goal in the Nations League draw versus Czech Republic made him his country’s youngest ever goal scorer.
Gavi‘s release clause is set at £42.9million, which has attracted interest from Premier League giants Liverpool and Man City.
However, according to Marca, Gavi’s release clause is set to rise to £85.8m this month.
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Barca manager Xavi is desperate to hold onto “incredible talent” Gavi.
He said on the 17-year-old earlier this year: “He’s very good at recovering possession, taking the ball away from the opponents.
“He’s very competitive. He understands the high press very well; he’s excellent at that.
“He turns very well when we want to play in between the lines.
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“But he needs to manage himself – he needs to find the right resources in the right moments – knowing when to attack the space better, when to let the wingers run or when to pass it.
“These are tactical situations where he needs to improve. He’s an incredible talent and a joy to coach.
“At 17, to already have made such an impact and play with the national side is marvellous.”
Gavi and Barcelona are nearing an agreement over a contract extension, according to the club’s president Joan Laporta.