Joao Cancelo is nearing an exit from Manchester City, with Barcelona keen on his return but facing financial hurdles. Saudi Pro League team Al Hilal is close to finalizing a deal for Cancelo, who has fallen out of favor under Pep Guardiola.
Cancelo’s Preference and Barcelona’s Financial Struggles
Cancelo, who spent last season on loan at Barcelona, has expressed a strong desire to rejoin the Catalan club. However, Barcelona’s ongoing financial issues are complicating the potential deal. The club’s financial troubles, including delays in registering new signings like Dani Olmo, are preventing them from moving forward with Cancelo’s transfer.
Manchester City’s Stance
Manchester City, having spent £60 million on Cancelo in 2019, are determined to offload him this summer. The club has informed the 30-year-old that he is not in their Premier League plans, urging him to secure a move within the next week. Despite a lucrative three-year offer from Al Hilal worth around £15 million per season, Cancelo is holding out for a potential resolution with Barcelona.
As Barcelona works to resolve its financial constraints, Cancelo is waiting to see if a deal with the Spanish club can materialize before committing to the Saudi offer.