Joao Cancelo, the outcast of Manchester City, is apparently open to accepting a pay reduction from Barcelona in exchange for the player’s departure.
WHAT HAPPENED?
The Catalan club reportedly made an offer that includes a £7 million ($9 million) loan fee and a £18 million ($23 million) buyout clause that would go into effect at the conclusion of the loan term, according to The Daily Star. Barcelona’s ongoing financial difficulties are reflected in this well-structured agreement, which once more restricts their summertime spending options.
THE BIGGER PICTURE
Rather than arrange for another loan period, City would prefer to permanently dispose Cancelo. But since there aren’t any other offers at this time, Barcelona’s offer might be your best bet. The Premier League winners are apparently looking to raise about £25 million ($32 million) from Cancelo’s move. They are moving closer to their goal, which has once again opened up negotiations, even though the payment schedule is delayed.
DID YOU KNOW?
Cancelo is also willing to accept a lower salary than his current £150,000-a-week package to expedite the move. Barcelona are ready to pay his salary in full, which is an appealing solution to City, especially considering the reported breakdown in Cancelo’s relationship with head coach Pep Guardiola.
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