Félix, who is officially an Atlético Madrid player, has spent a lot of time playing in several leagues in Europe, most recently the English Premier League with Chelsea.
Last season Félix managed seven goals and a further three assists in La Liga with the Blaugrana.
These are not terrible numbers but he hardly set the league on fire either, especially for a young player who has been widely regarded as one of the continent's best young talents a few years ago.
However, it seems Barcelona are still interested in taking the 24-year-old back on loan again for the following season.
Félix looks best operating on the left side of the attack and he offers decent creativity and goal threat from those wide positions.
There are a lot of talented wingers and wide forwards around Europe, if the Catalan club wanted to explore other options.
But the other issue which might well make him considered being a valuable asset, is Barcelona's extremely difficult financial circumstances.
Because the Blaugrana have so little wriggle room and money available for new signings this summer, bringing a player back who knows the club and who would not cost a fortune in transfer fees, makes some sense.
One further factor is what presumed new manager Hansi Flick wants to do exactly regarding the squad he has inherited from Xavi.
The new coach has prioritised bringing in a defensive midfielder to try to finally successfully replace the outstanding Sergio Busquets who has been sorely missed since his retirement.
There are also other players who Flick might wish to move on, in an ideal world, but finances might possibly prevent him from doing so.
Having said that if certain high-profile talents - such as Robert Lewandowski - were sold for big money that could enable the German to re-shape his squad.
This though would represent a high-risk strategy and moving the Poland striker on for example, would seem unlikely.