According to El Mundo Deportivo, the Spanish international returned from World Cup duty yesterday and has informed Barcelona of his intention to leave the Nou Camp this summer.
That would end an unbroken 23-year association with Barcelona for Xavi, who joined the Barca youth academy in 1991. He's made almost 500 La Liga appearances for the club and won three Champions League trophies, seven league titles and two Copa Del Reys.
But he's ready for a fresh challenge at the age of 34, with a couple of options open to him.
A move to Qatar was always the most likely destination for the Spaniard, and it remained the favourite until very recently. He's believed to have an extremely lucrative offer to end his career in the Middle East, but Xavi has had his head turned by recent offers, chiefly from Manchester United.
Reports in recent days have claimed that Louis Van Gaal had reached out to Xavi to gauge his interest in signing for the Premier League giants.
Qatar or the MLS?
While at that stage the same paper reported that a move to United was unlikely, it still seems to be an option on the table amid rumours that his Qatari backers, which is in actual fact the country's government, is now not so keen on the deal.
Xavi is set to sit down with his agent Ivan Corretja to talk through the offers and make a final decision on his future. Several MLS teams are also interested and ready to make a move.
Meeting the club
Xavi still has two years remaining on his Barca contract, but he believes he's earned the right to decide his next move after serving the Nou Camp giants so well throughout his illustrious career.
He will hold talks with Barca officials to talk through the terms of his contract and finalise an agreement that will allow him to leave even with 24 months left on his deal.
He's expected to be offered a testimonial, just like Carles Puyol and Victor Valdes, who are also set to leave the club this summer - Puyol to retirement and Valdes to another team.