In January, with Barcelona on a miserable run of form, Xavi said he would walk away from his post in the summer despite having a year left on his contract.
"Xavi will continue and is very excited, there is unanimity in the club's board that he should continue," club vice-president Rafa Yuste told reporters outside Laporta's home in Barcelona later on Wednesday.
Jude Bellingham snatched Real Madrid a dramatic 3-2 Clasico win over champions Barcelona on Sunday to take them 11 points clear at the top of La Liga with six matches remaining.
The last chance saloon has opened its doors early for Barcelona as they travel to the capital on Sunday aiming to hold off Real Madrid's LaLiga title run in a desperate effort to stay alive in the race for the only remaining major silverware they can win.
Barcelona were also banned from selling tickets to their supporters for their next away European game, although that punishment is suspended for a year.
“He [Xavi] is doing very well. He expressed himself in the sense in which he expressed himself, I understand that everything is open and everything is revisable,” Laporta said.
"We have no choice. We have to go and win there."
Barca moved to 70 points, eight behind leaders Real Madrid, whom they will face in the "El Clasico" at the Santiago Bernabeu next weekend.
Rafael Nadal will make his return to ATP competition for the first time since January when he plays Flavio Cobolli in the Barcelona Open next week.
Nigeria forward Osimhen rolled home the leveller with 15 minutes left of the first leg of their Champions League last 16 tie at the Stadio Diego Armando Maradona, in his first match since returning from the Africa Cup of Nations.
Robert Lewandowski's brace snatched champions Barcelona a 2-1 win over lowly Celta Vigo to leave them third in La Liga, trailing leaders Real Madrid by seven points.
Barcelona have little room for error if they are to defend their LaLiga title, manager Xavi Hernandez said on Friday ahead of his side's trip to Celta Vigo.
Xavi Hernandez's side, third, shared the spoils with their relegation-battling opponents, 19th, after a thrilling battle at the Olympic Stadium, but now trail leaders Real Madrid by 10 points.
Barcelona coach Xavi Hernandez said Saturday goalkeeper Marc-Andre ter Stegen and winger Raphinha are fit again after injury to help the team's ailing title defence.
Barcelona Sporting Director Deco said that they are not looking to sign French forward Kylian Mbappe as it would only make the Spanish club “worse”.
Real Madrid coach Carlo Ancelotti said Saturday Barcelona complaints over his club allegedly influencing La Liga referees were unprofessional.
Barcelona earned a 3-1 win at Alaves in La Liga on Saturday with Brazilian teenager Vitor Roque scoring and then sent off in a lively appearance off the bench.
Barcelona president Joan Laporta said Friday that a European Super League project could begin as soon as next season, adding that he does not care if English clubs join or not.
Barcelona coach Xavi Hernandez complained Friday rivals Real Madrid are influencing referees "every week" and said it meant La Liga was "completely adulterated".