According to The Athletic, the Spanish club has not yet made a formal approach to Manchester City for the Portuguese right-back. While Barcelona prefer a loan move with a buy option due to their financial issues, the Premier League outfit remains adamant about selling the player.
Moreover, there are also reports about in-fighting in Barcelona between coach Xavi and sporting director Deco. While the manager pushes for Cancelo, as he prefers a more experienced option to pose a formidable challenge in Europe, the official wants Ivan Fresneda or Juan Foyth.
Fresneda had an impressive 2022-23 season with Real Valladolid and is considered one of the most promising full-backs in Europe. Whereas, Villarreal's Foyth was part of Argentina's World Cup-winning squad and is greatly admired by Xavi as well. Between the two, Fresneda remains a possible option as he is likely to cost £15.4 million ($19.6m), whereas Foyth's release clause stands at a staggering €42m (£35.85m/$45.7m). And Villarreal are not willing to negotiate or listen to anything lesser than the amount.
Cancelo is, however, not short of options as Saudi Arabian clubs remain keen to sign him. If the move to Barcelona breaks down either due to financial or sporting reasons, the full-back can head to the middle east to revive his career.
Source: goal.com