Barcelona Table Fresh Bid for Joao Cancelo as Man City Outcast Willing to Take Wage Cut to Seal Transfer
Barcelona Have Submitted New Bid for Joao Cancelo, Who is Ready to Accept Wage Cut to Complete Transfer
WHAT HAPPENED
The Daily Star reports that Barcelona have proposed a deal featuring a £7 million ($9 million) loan fee and an £18 million ($23 million) buyout clause, which would become active at the end of the loan term. This arrangement highlights Barcelona's ongoing financial limitations, which continue to restrict their spending capacity this summer.
THE BIGGER PICTURE
City would rather sell Cancelo outright than arrange another loan deal. With no other offers on the table at the moment, Barcelona's proposal seems to be the most viable option. The Premier League champions are aiming to secure around £25 million ($32 million) from Cancelo's transfer. Although the payment terms are delayed, they are edging closer to their target, which has renewed negotiations
DID YOU KNOW
City prefers to sell Cancelo outright rather than setting up another loan deal. However, with no alternative offers currently available, Barcelona's proposal might be the most viable option. The Premier League champions are aiming to secure around £25 million ($32 million) from Cancelo's transfer. Despite the deferred payment terms, they are inching closer to their goal, which has reignited negotiations.
WHAT NEXT
Barcelona continues to lead the race for Joao Cancelo’s signature, but they are not the only club interested. Italian powerhouses Juventus and Inter Milan are reportedly keeping an eye on the situation. Nevertheless, Manchester City are still hopeful for a last-minute offer from the Saudi Pro League. In that league, financial constraints are less of a concern, which could facilitate a permanent transfer of the player this summer.
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