Barcelona have agreed on a deal worth £24.3 million with Manchester City for the services of the 29-year-old full-back Joao Cancelo.
According to a report by Daily Star, Barcelona have reached an agreement with Manchester City for the permanent transfer of Joao Cancelo. The 29-year-old full-back is currently on loan at the Spanish club, who have agreed on a deal with City to buy him next summer for just £24.3 million.
Cancelo has gone through a lot over the past 12 months. The Portuguese international was the mainstay of Pep Guardiola’s team at this stage last year. But, the relationship and manager worsened over the next few months and they decided to loan him out to Bayern Munich.
While the 29-year-old did a decent job at the German club, it was not convincing enough for them to buy him on a permanent basis. As a result, he returned to his parent club Manchester City during the summer. However, Cancelo had no future under Guardiola, and they were ready to part ways with him.
The English club wanted £55 million for his services during the summer. But, they could not find a buyer that was ready to pay that big a fee for the Portuguese international.
Barcelona were keen on signing a new right-back throughout the summer. And, they decided to push for his services. While the Catalan giants wanted to sign him on a permanent basis or on a loan with an option/obligation to buy, they could not afford such a deal.
In the end, Xavi’s team ended up signing him on a season-long loan. They did acquire him on a temporary basis but talks regarding a permanent transfer next summer continued. And, finally, Barcelona have agreed on a deal with the treble winners.
The Catalan giants have managed to convince Manchester City to sell the in-form 29-year-old for just £24.3 million which is half of what they initially demanded. Cancelo has been in sensational form since joining the Spanish club, and it is quite understandable why Barcelona were keen on having him in their ranks. They have struck a deal for his services and will now have to ensure they have the funds needed to execute this transfer in the summer of 2024.
