June 13, 2024

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FC Barcelona Nears Joao Cancelo Deal as Transfer Window Nears Its End

2 min read

In what could be a game-changer for FC Barcelona, the club is closing in on one of their top summer transfer targets. With only about ten days left in the transfer window, the pressure is on to finalize this crucial deal.

Joao Cancelo: Barcelona’s Top Priority

Barcelona’s primary focus right now is securing the services of the 29-year-old Portuguese star and Manchester City fullback, Joao Cancelo. Coach Xavi Hernandez considers him essential to bolster the team’s ranks even further.

Promising Agreement with Manchester City

Exciting news emerges as FC Barcelona has reportedly reached a preliminary agreement with English Premier League side Manchester City. This deal would see Joao Cancelo join Barcelona on loan for the upcoming 2023/2024 season.

The Fine Print: Buy Option and Conditions

While it’s a one-season loan, the deal includes an option to buy Joao Cancelo for approximately €30 million. However, this option only becomes mandatory under specific circumstances.

Conditions for a Mandatory Purchase

The mandatory purchase clause will activate if Joao Cancelo participates in 70% or more of FC Barcelona’s matches during the 2023/2024 season or if Barcelona advances to the UEFA Champions League Round of 16.

Timing Is Crucial

The timeline is vital, and it’s anticipated that Joao Cancelo will officially become a FC Barcelona player within the next few hours or, at the latest, early next week.

Key Efforts by Joao Cancelo and His Agent

It’s worth noting the diligent efforts put forth by Joao Cancelo himself and his agent, Jorge Mendes. They have been instrumental in ensuring that the negotiations between Manchester City and FC Barcelona proceed smoothly, considering Barcelona’s financial limitations.

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