Pedri arrived at the Camp Nou last summer, a year after Barcelona agreed a deal with UD Las Palmas for his transfer.
He reportedly turned down approaches made by Liverpool, Manchester City and Chelsea to join the La Liga side.
The 18-year-old enjoyed his debut season with the Catalan club, playing 52 matches across all competitions. Most of his appearances came as a starter.
Pedri’s club form helped him make his debut for Spain and it also caught the attention of other clubs.
Wednesday’s edition of Mundo Deportivo explains Bayern Munich have an interest in the midfielder.
The Bundesliga winners have joined ‘various Premier League clubs, such as Liverpool’ in showing interest in the player.
Having rejected a €40m offer in the past, Pedri’s price has now ‘grown exponentially’ after the season he’s had with the Blaugrana.
Despite interest from Bayern and the Reds, neither Barca nor the teenager are looking to part ways this summer.
The ‘good harmony’ is ‘total’ and initial talks over a new deal for Pedri have already taken place.
Mundo state the young star and Barcelona will look to seal the new agreement once the summer transfer window is closed.