The Croatian midfielder is widely regarded as one of the best players in European football, with his performances this season drawing a host of interest from across Europe.
"I want to play for Sevilla, in the future, today, tomorrow and always. For me, that's the most important. I'm really grateful for what I have. I'm more than happy at Sevilla and there's nothing else to think about," he told reporters at a press conference.
Rakitic's current deal expires in 18 months.