The Spanish paper claims that Guardiola and his assistant, Tito Vilanova, met with Barca president Sandro Rosell and officials Andoni Zubizarreta and Josep Maria Bartomeu on Thursday to discuss a new deal over dinner.
It is understood that the only thing that is still standing in the way of an agreement is the length of Guardiola's contract.
Barcelona reportedly want the coach to sign a two-year deal to prevent a similar saga next season, while the 41-year-old wants to commit his future to the club only until 2013.
Over the last few weeks, several of Barca's players have called on Guardiola to prolong his stay at Camp Nou.
The Spanish coach has claimed 13 titles since taking charge of the club's first team from Frank Rijkaard in 2008.
Since November, Goal.com has been publishing exclusive extracts from Graham Hunter's highly-anticipated new book, 'Barca: The Making of the Greatest Team in the World'. The very last extract looks at Andres Iniesta's risky return from injury in the 2009 Champions League Final and how he was described by Wayne Rooney as the 'best midfielder in the world'. Don't miss it!