After enjoying a 5-year spell at Anfield, Wijnaldum is expected to leave Liverpool on a free transfer this summer.
The Dutchman has long been linked with a move to Barcelona, currently under Dutchman Ronald Koeman.
However, according to Football Insider, Barcelona officials will revoke the deal if they decide to part ways with Ronald Koeman after just one season at the Camp Nou.
Despite winning the Copa del Rey, an early exit from the UEFA Champions League and a La Liga title loss could be attributed to the former Southampton and Everton boss.
President Joan Laporta has suggested that decisions on the future of the party will be taken early next week.