According to a new report from Daily Sport, FC Barcelona are in intense negotiations over the renewal of Manchester City wing-back Cancelo's loan, with plans to include a conditional mandatory buyout clause. The decision has been endorsed by new Barcelona manager Mauricio Frick and also has the firm support of Cancelo himself.
Reports indicate that, barring any major surprises, Cancelo will continue to wear the Barcelona colors for the upcoming season. In order to facilitate this deal, Barcelona are in active communication with Manchester City through Cancelo's agent Jorge Mendes, and are working to reach a season-long loan extension agreement. At the same time, the deal will also contain a significant conditional buyout clause, which will automatically trigger a permanent buyout right for Cancelo when Barcelona reaches certain pre-determined goals during the season.
Although Cancelo has no shortage of suitors in the transfer market, including offers from other clubs, he himself has made it clear that he is unwilling to listen to these offers and is firmly committed to playing for Barcelona again. This decision has undoubtedly added weight to Barcelona's negotiations and has forced City to make concessions.
New Barcelona manager Frick speaks highly of Cancelo's ability and sees him as an important part of the team's future plans. As a result, Frick has also given his full support to the club in moving forward with negotiations for the renewal of Cancelo's loan and buyout. Currently, Cancelo is enjoying his post-Euro vacation, but all parties involved are working hard to ensure that he is able to travel directly with Barcelona to the United States for the pre-season tour, rather than joining Manchester City's pre-season training.
In terms of the transfer fee, Manchester City had made an asking price of more than 20 million euros and tried to recommend Cancelo to other teams such as Juventus. However, Cancelo's firm attitude and Barcelona's positive efforts to make this deal gradually toward the direction of the development of Barcelona's favor. It has been revealed that Barcelona are expected to reach an agreement with Manchester City for a transfer fee of less than €20 million and officially buy out Cancelo at some point in the future.
In addition, in order to facilitate this deal, Cancelo has also made financial concessions, taking the initiative to adjust his salary requirements. This move undoubtedly further demonstrates his desire and determination to join Barcelona.