Joao Cancelo, currently on loan at Barcelona for the 2023-24 season, may pose a financial challenge for the club to secure on a permanent deal. Manchester City is likely to demand a fee exceeding €30 million, and considering Barcelona’s current financial state, acquiring Cancelo permanently could be a formidable task due to the substantial amount involved.
It seems the Spanish champions are inclined to keep their two loan signings, Joao Felix and Joao Cancelo. There’s a possibility of extending Felix’s loan for another season, contingent on an agreement with Atletico Madrid.
Unlike Joao Felix’s potential loan extension, Joao Cancelo’s situation differs. Manchester City aims to capitalize on his sale to address financial conditions and preempt future issues. According to Sport, Manchester City is less likely to be as flexible as Atletico Madrid in negotiating a deal for Cancelo.
A highly coveted talent, the Portuguese right-back is recognized as one of the premier attacking full-backs in the game.
Manchester City is inclined to permit Joao Cancelo’s departure only on a permanent basis, setting a price tag of over €30 million for the transfer to go through. Despite the potential value, Barcelona’s persistent financial challenges could pose hurdles in meeting the demands of the European champions.
Barcelona is determined to secure Joao Cancelo’s services, and the likelihood of retaining him seems high. Nevertheless, challenging negotiations may unfold over the coming months as both parties navigate the intricacies of the deal.
Laporta said in a recent interview, “Their agent, Atlético and Man City already told us what’s gonna be needed to sign them. We want both Joaos to be a permanent part of the team, not on loan. Let’s see how it evolves. I feel all parties will be happy at the end.”
