Barcelona hope to announce Manchester City defender’s signing on deadline day – report

Even though it has been a while since Barcelona and Manchester City reached an agreement over the loan move of Joao Cancelo, an official announcement has not been made yet.

The deal has been held up to the Financial Fair Play checks, with the La Liga champions not having enough margin to sign and register him at the moment.

Barcelona plan to announce Cancelo deal tomorrow

However, the situation is expected to unlock soon and as per David Bernabeu Reverter of SPORT, Barcelona hope to officially announce Cancelo’s signing tomorrow, i.e., Friday, which will be the deadline day for the summer transfer windiow.

The operation to sign the 29-year-old right-back had initially been a loan deal with a purchase option worth €25 million included.

However, it is now being claimed that the buy option clause is being removed from the agreement as it would be a hindrance, especially with Barça’s ongoing FFP issues.

As such, all three parties involved are reviewing the details of the agreement so that it meets all requirements set by La Liga and is satisfactory for everyone.

The negotiators from Barcelona’s end are exploring whether a different clause can be included to establish an agreement in principle for a purchase without putting the amount of the sale, which would affect the Fair Play.

Given the intricacies involved, the deal is now expected to be announced on Friday morning and today.

Barcelona will also go for Felix

There is not a lot of time left in the transfer window, but that is not stopping Barcelona from being ambitious.

Indeed, once the signing of Cancelo is done and they take care of the registrations of the Portuguese, along with Inaki Pena and Inigo Martinez, the plan is to go for Joao Felix.

The personal guarantee put forth by the club board members coupled with the imminent loan exits of Clement Lenglet and Ansu Fati could create enough Fair Play margin to complete all operations, even though it will be tricky.