The 21-year-old had been linked with a move away from the club, but the youngster have now signed a new deal that will keep him at the club until 2015 and has a 48 million euros buy-out clause.
“I’m very happy, it’s something I was hoping for. I was keen to continue here for many years, the club have been very good to me from the first day,” said Perotti.
“Things have happened very quickly, the club had faith in me at a time when few would have, [Manolo] Jimenez gave me the opportunity to be where I am today and I’m always going to be very grateful to this club.
“I hope to be able to give back to Sevilla all that they are doing for me.”
