Xavi is "very optimistic" that Barcelona can further strengthen in the January transfer window, but is unsure whether forward Ousmane Dembele will remain at Camp Nou beyond this season.
Despite their well-publicised financial issues, with debts rising above €1.2billion last year, Barca have brought in Ferran Torres from Manchester City this month for an initial €55million (£46.7m).
Barca will be unable to register Torres until they have offloaded some other players as they would risk exceeding their salary cap, yet other big-name stars continue to be linked with a switch to Camp Nou.
Among those touted as a target for the Catalans is Erling Haaland, with club president Joan Laporta this week refusing to rule out a potential move for the in-demand Borussia Dortmund striker.
Responding to rumours regarding his side's interest in Haaland, Laporta told the football world to "get ready" because Barcelona "are back".
Xavi shares Laporta's enthusiasm and believes the arrival of Torres, who was presented at Camp Nou on Monday, will galvanise supporters following a poor first half to the campaign.
"I'm very close to [Laporta] and I'm very optimistic. I like his ambition," Xavi said at a news conference previewing Wednesday's Copa del Rey last-32 tie with Linares Deportivo.
"We are working to return. We are close to the Champions League positions. It is not easy, but we are working hard to give Barca what it deserves. We are on the right track.
"The signing of Ferran Torres makes the fans breathe as well. We are working practically 24 hours a day. We must follow the president's lead. It is a positive message to say that we have returned.
"If we sink into misery, it does not help. We must be positive. The president leads the way."
Haaland has scored 76 goals in 75 games for Dortmund since making his debut in January 2020, a tally bettered by only Bayern Munich's Robert Lewandowski (103 goals in 87 games) among players from Europe's top five leagues in all competitions.
Alvaro Morata, currently on loan at Juventus from Atletico Madrid, has been touted as another potential option for Barca to bolster their attack, which was depleted by the high-profile exit of Lionel Messi in August.
Asked about the links with Haaland and Morata, Xavi said: "I don't want to talk about hypotheses, only the players we have here.
"They are both great players but they are not ours. If Morata signs for Barcelona then I will answer questions on him."
Barca cannot realistically bring in more players until others make way, however, with the likes of Philippe Coutinho and Ousmane Dembele potentially on their way out.
Coutinho has started just five games all season, while Dembele is into the final five months of his deal and is officially free to sign a pre-contract agreement with clubs from abroad.
The France international's time in Catalonia has been hampered by a succession of injury setbacks, but when fit he has made an impact and averages 0.6 goals or assists per 90 minutes in LaLiga, which is a similar amount to Antoine Griezmann (0.67) and team-mate Memphis Depay (0.66).
"We have to wait for Dembele," Xavi said. "I'm calm as I can't do anything else. Dembele has to make an effort and think about his future – it depends on him.
"As for Philippe, I've not spoken with him. He's a professional and helps us a lot. But in order for us to have entries, there must be exits."
Xavi also confirmed Barca are hopeful of having Dani Alves, another recent recruit, registered ahead of the midweek cup tie with third-tier Linares Deportivo.
Alves' only appearance since early September was in a friendly against Boca Juniors last month, but Xavi expects the experienced full-back to play a big part in the remainder of Barca's campaign.
"I see him very well. He is spectacular in training, with a lot of intensity and a professionalism," Xavi said.
"He will help us a lot with his arrival on the wing. He is 38 years old, but as is training will help us in many games. He is a superb player and I hope he can play every three days for us."
Hurtig the hero after late goal sends Arsenal into Champions League quarters
Lina Hurtig's 89th minute winner ensured Arsenal progressed to the quarter-finals of the Women's Champions League after edging Juventus 1-0 on Thursday.
After being frustrated for large parts of the encounter, Hurtig bundled home from close range after Martina Lenzini's poor clearance to book the Gunners' place in the last eight.
Despite Arsenal dominating the early exchanges, it was Juventus who had the first sight of goal, though Eva Schatzer's effort was easy for Daphne van Domselaar to gather.
In a first half that saw just two shots on target, both coming from the visitors, Renee Slegers' substitutes proved to be the difference for Arsenal.
Slegers introduced Beth Mead, Stina Blackstenius and Hurtig late on, with the latter somehow putting Kim Little's cross over the bar from five yards out.
However, the Swede would atone for her earlier error, combining with fellow substitute Blackstenius to net against her former club and send them out of the competition with two group games remaining.
Meanwhile, in Group D, Barcelona edged closer to the quarter-finals of the competition with a convincing 4-1 victory over St. Polten at the Generali Arena.
The reigning champions are still three points behind Manchester City following their 2-1 win over Hammarby, and know a win against the Swedes next month will see them progress.
Kika Nazareth opened the scoring in the 20th minute after capitalising on a mistake by Kamila Dubcova, notching her second nine minutes later from close range.
Barca found themselves three goals up at the break when Vicky Lopez netted her first goal in the competition to put the result beyond doubt.
There was also a landmark moment for Alexia Putellas, who netted her 200th goal for the club with a well-taken effort into the far corner.
Valentina Madl took some of the shine off an otherwise impressive display from the visitors, who have now taken their tally to 20 goals from their four matches in the competition.
Guardiola agrees two-year contract extension with Man City
Pep Guardiola will be Manchester City manager for at least two more seasons after 2024-25, after he signed a two-year contract extension on Thursday.
The 53-year-old was coming to the end of his City deal, which was due to expire at the end of the current campaign, but he has opted to remain at the Etihad Stadium.
The deal itself will take Guardiola's tenure at the club to over a decade, making him City's longest-serving manager since Les McDowall in 1963.
There had been suggestions that he may leave at the end of the season following the announcement that director of football Txiki Begiristain was on his way out.
Guardiola was strongly linked with the England job after Gareth Southgate resigned in the wake of their Euro 2024 final defeat, but the Football Association appointed Thomas Tuchel last month.
“Manchester City means so much to me," Guardiola said. “This is my ninth season here; we have experienced so many amazing times together. I have a really special feeling for this football club.
“That is why I am so happy to be staying for another two more seasons.
“Thank you to everyone for continuing to trust and support me – The Owner, The Chairman Khaldoon, Ferran, Txiki, the players and, of course, the fans… everyone connected to Manchester City. It has always been an honour, a pleasure and a privilege to be here.
“I have said this many times before, but I have everything a manager could ever wish for, and I appreciate that so much.
“Hopefully, now we can add more trophies to the ones we have already won. That will be my focus.”
Having been appointed in 2016, Guardiola is by some distance Manchester City's most successful manager of all time, having won 18 major trophies during his time at the club.
That list includes their first-ever Champions League triumph in 2023 and six Premier League titles, including an unprecedented four on the spin.
He also boasts a 72.04% win percentage across all competitions, which is unsurprisingly the highest of any full-time City manager in history.
Shaw at the double as Man City progress in Champions League
Khadija Shaw scored twice as Manchester City beat Hammarby 2-1 to seal their place in the Women's Champions League quarter-finals.
Gareth Taylor's team entered Thursday's game with a perfect record in Group D, and their fourth win in as many European matches ensured they finished in the top two.
Shaw—the leading scorer in the Women's Super League this season with eight goals—put them ahead in the 31st minute, driving into the area after taking in Yui Hasegawa's pass before seeing her shot deflect into the top corner.
Shaw was booked for celebrating in front of the home fans despite appearing to have objects thrown at her from the stands, and Hammarby should have levelled when Julia Blakstad fired wide 10 minutes later.
The hosts did draw level three minutes into the second half as Ellen Wangerheim tapped home while City's Laura Blindkilde Brown was down appealing for a free-kick.
That parity was short-lived, though, as Shaw blasted into the top corner from 25 yards out, taking her overall tally for this season to 12 goals in all competitions.
In Group C, meanwhile, Bayern Munich lost their perfect record as they played out a 1-1 draw with Valerenga, boosting Arsenal's hopes of topping the pile.
Jovana Damnjanovic came off the bench to put Bayern ahead 15 minutes from time in Norway, but Elise Thorsnes headed home following an 88th-minute corner to snatch a point for the hosts.
Arsenal could now move within a point of Bayern when they face Juventus in Group C's other match later on Thursday.
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