Despite leading Barca to the La Liga title, Valverde's side suffered Champions League heartbreak in the semi-finals against Liverpool.
They held a comfortable 3-0 lead going into the second leg at Anfield but the Reds mounted an historic comeback, sealing a stunning 4-0 victory to book a place in the final against Tottenham.
The Spanish giants were also beaten in the Copa del Rey final by Valencia at the weekend - and now the Spaniards have made a decision on his future.
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