Barcelona calm over Joao Cancelo’s signing despite issues with economic lever – report

Having everything in place to sign Joao Cancelo on loan from Manchester City, FC Barcelona are being made to wait due to their unrelenting financial problems.

The Blaugrana were expected to receive the €40 million payment from German investors Libero Football Fund by today, which would have allowed them to sign and register Cancelo, along with Inaki Pena, potentially.

Payment yet to arrive

However, the La Liga champions are yet to receive the said payment from Libero, who purchased a part of Barça Vision earlier this month.

As such, Javi Miguel reports that the Catalans have indeed run into some issues with the economic lever close to the transfer window.

And, he further states that the club are already looking into alternative options to resolve the situation as early as possible.

This development will most certainly delay Cancelo’s arrival at Barcelona, with the Portuguese right-back eagerly waiting in his homeland to make the move to La Liga.

Barça calm over Cancelo deal

However, despite the roadblock, Toni Juanmarti reports that Barcelona are calm over the matter of Cancelo and his imminent arrival.

The journalist claims that the Blaugrana have parallelly been working on alternate plans and believe that the issue will be resolved.

However, as mentioned above, the operation to bring Cancelo to the club could be delayed for a while longer.

Barcelona and Manchester City have everything agreed for the 29-year-old’s switch to Catalonia, with the right-back set to arrive on a season-long loan deal with a €25 million buy option.

Both the player and the club are waiting with bated breath for the lever issue to resolve so that the transfer can go through at the earliest possible.