The young attacker has caught the attention of a number of foreign teams with his fine performances, but is expected to pen a contract extension at Camp Nou in the near future
The versatile attacker's current deal is due to expire in the summer 2013, and Tello has reportedly attracted the interest of a number of foreign clubs.
Nevertheless, a transfer away from Camp Nou does not seem to be an option for the winger, with a contract extension on the horizon.
"The contract renewal is going well. Barca are in talks with my agent and I hope it's a done deal soon," Tello was quoted as saying by Marca.
The 21-year-old attacker came through the ranks of the Barcelona youth academy, and made his official first team debut in November 2011.
He has since developed into an integral first team member at the Catalan giants.