Reports suggest that Joao Cancelo of Manchester City is on the verge of a transfer to Barcelona. However, this potential move is contingent upon Barcelona receiving the ‘green light’ in compliance with financial fair play regulations. The Portuguese player witnessed a decline in his standing within City’s squad during the previous season, leading to his loan spell at Bayern Munich for the latter part of the campaign. According to Fabrizio Romano, a reputable source, the 29-year-old is steadily progressing towards finalizing his move to Barcelona.
Initial indications pointed to this being a loan arrangement; however, the latest understanding indicates the inclusion of a buy option clause in the deal. Romano notes that Barcelona is presently awaiting the approval to proceed, ensuring adherence to financial fair play regulations.
Considering the broader context, Joao Cancelo has held a significant role at Manchester City since his arrival from Juventus in 2019. Nevertheless, it’s been reported that he incurred the displeasure of manager Pep Guardiola by wearing earphones during a team talk. Despite his contract at Etihad Stadium extending until 2027, the financial challenges faced by Barcelona over recent years might prompt them to seek a transfer at a reduced fee if the deal is secured.