In what could mark a significant shift in the transfer market, Joao Cancelo appears to be on the brink of leaving Manchester City to join FC Barcelona. Recent reports indicate that the 29-year-old Portuguese right-back is edging closer to signing for the La Liga champions.
The evolving narrative around this transfer saga has taken an intriguing turn. Initially, rumors suggested that Cancelo was just a step away from sealing his move to Barcelona. However, the latest development seems to indicate a major breakthrough in the operation.
Joao Cancelo Loan + Buy option
Jordi Gil of SPORT has reported that after intense negotiations between the two clubs, Barcelona and Manchester City have achieved an agreement in principle over the Cancelo deal. The talks, which involved mediation from Jorge Mendes, have culminated in a positive outcome for both sides.
According to the reported terms of the deal, Joao Cancelo is set to make a switch to Barcelona on a season-long loan deal. This deal also includes a purchase option, which is valued at slightly over €30 million. Importantly, the buy option is non-mandatory. The buyout will be activated on specific performance-based objectives.
For instance, Cancelo’s potential permanent transfer would hinge on certain conditions. The condition is participation in 70% of Barcelona’s official matches and the team’s progression to the UEFA Champions League Round of 16.
Barcelona’s pursuit of Cancelo has been driven by a pressing need to reinforce the right-back position. The signing aims to address a longstanding issue for the club, with Xavi’s determination to secure Cancelo’s services highlighting the urgency of the situation. The 29-year-old’s impending arrival will offer stability and a skillful presence on the right flank.
Interestingly, the relationship between Cancelo and City manager Pep Guardiola is said to be non existent. The reported breakdown potentially contributing to the Portuguese player’s move away from the Premier League champions. Cancelo’s temporary stint at Bayern Munich after January adds another layer of intrigue to his footballing journey.
With an agreement in principle reached, Joao Cancelo’s transition to FC Barcelona appears imminent. This impending signing could hold the key to resolving Barcelona’s longstanding right-back predicament. While also symbolizing the dynamic nature of the modern transfer market.