The 44-year-old declared in January that he will quit as head of the company this summer.
However, the former Barcelona and Spain player has made a U-turn since President Joan Laporta is eager for him to stay.
After leaving Qatari club Al Sadd, Xavi assumed leadership in November 2021 and led Barca to the Spanish title in his first full season in 2022–2023.
With six games remaining in the current season, they trail La Liga leaders Real Madrid by 11 points.
Barcelona was eliminated from the Champions League last week after losing to Paris in the quarterfinals.
Xavi, who had an amazing playing career at Barcelona and won 25 honors, had expressed that he felt “liberated” once it was announced he would be leaving the position at the end of the current campaign.
He felt unprotected by the club and without direction when he announced his departure following Villarreal’s defeat.
