According to a new report from Daily Sport, FC Barcelona is in advanced negotiations to renew the lease of Portuguese wingback Cancelo with a conditional mandatory buyout clause. The move shows Barcelona's recognition of Cancelo's ability and hope that he will continue to contribute to the team.
The report suggests that, barring major unforeseen circumstances, Cancelo will continue to wear the Barcelona colors for the upcoming season. Barcelona, through Cancelo's agent Jorge Mendes, is pressing ahead with this agreement, planning to extend Cancelo's loan for another season and setting a series of target conditions that will force Barcelona to buy out Cancelo's contract once those conditions are met.
Although Cancelo received offers from other clubs in the market, he himself expressed a strong will to remain in Barcelona, even at the expense of rejecting other clubs' invitations. This firm attitude also allowed the Manchester City side to make concessions in the negotiations, creating favorable conditions for Cancelo's stay.
New Barcelona manager Frick has also voiced his support for Cancelo's loan extension, believing that his signing will further improve the team's defensive and attacking capabilities. Cancelo is currently on vacation after the Europa League, but all parties are working to ensure that he travels directly to the United States with Barcelona for the pre-season tour, rather than returning to Manchester City for pre-season training.
In terms of transfer fee, Manchester City had made an asking price of more than €20 million and tried to recommend Cancelo to other teams such as Juventus. However, Cancelo's own determination to join Barcelona became a key factor in the success of the deal. In order to facilitate this transfer, Cancelo also made financial concessions and took the initiative to adjust his salary requirements.
For their part, Barcelona are hoping that the deal will ensure that Cancelo will play for the club now and in the future. It has been revealed that if all goes well, Barcelona are expected to extend Cancelo's contract at the end of next season through a transfer deal of less than €20 million. This move will not only help enhance the team's competitiveness, but also reflects Barcelona's recognition of Cancelo's individual ability and professional attitude.
