The new two-year extension will keep Iborra at the Ramon Sanchez Pizjuan Stadium until 2020.
Arsenal have recently been linked with a £22million move for the highly-rated Sevilla midfielder.
.@Iborra_Vicente extends his contract for a further two seasons, until 2020 #SevillaFC pic.twitter.com/PEmWN1VpJr
— Sevilla FC (@SevillaFC_ENG) August 20, 2015