The only thing that remains to be resolved is for Barcelona to ensure the deal fits within their Financial Fair Play requirements.
Despite what has been said in the last few days, the loan of the Portuguese international does not have any obligation for Barcelona to buy him.
There had been speculation that there was a commitment by which the club was obliged to buy the player if he played a number of matches or if the club achieved a number of sporting objectives, but that isn’t the case.
Negotiating began in June
There is a clear reason for this. Barcelona‘s technical department is still managing the club’s fiscal resources closely, and as such don’t wish to be tied to a possible deal for the defender.
They want to be able to take their time and make an informed decision at the end of the season.
If Cancelo impresses and plays well for Barcelona, the Catalan giants may wish to keep him, however in that event they will be required to negotiate a new deal with Manchester City.
The club wants to see how Joao Cancelo performs and also how the market is in 2024. A good opportunity could present itself that is not being considered at the moment.
It also remains to be seen how the youngsters from the reserve team will perform, as well as Julian Araujo.
Problems with FFP
The question is when he will come. The club wanted to close the deal and bring the player in this week.
There was talk that the day could be this Thursday, but in the end, everything has been postponed.
The reason is that Barcelona does not have Financial Fair Play room at the moment to be able to register the player. It seems that they won’t have it until next week.
Activating the last lever
The Blaugrana depend on receiving the money from the last lever that Joan Laporta activated a few days ago.
The club has received part of the money that allowed them to register some of their players, but there is still a part that has not been paid and that is what will allow them to register Joao Cancelo.
It is the last step that remains to be taken because everything else has been agreed. With City on the transfer without any option and with the player on the salary he will receive.