Barcelona’s pursuit of Joao Cancelo has taken a significant step forward in the eleventh hour of the transfer window. After a month of waiting, the Catalan club has made a bold move to secure the right-back on a loan deal.

According to Adria Albets, Manchester City has received an official loan bid from Barcelona for Joao Cancelo. This development is crucial as Barcelona aims to finalize the deal before the transfer window closes.

Xavi Hernandez Navarro reports that Manchester City is currently evaluating Barcelona’s offer. However, the Premier League giants remain steadfast in their stance not to contribute to the player’s salary. Follow your favourite Premier League team with attractive football betting odds from Nextbet. 

In response, Barcelona has communicated its willingness to cover Cancelo’s salary, contingent on the player’s decision. The fate of this deal now hangs on Joao Cancelo’s stance regarding his salary.

In a fortunate turn of events for Barcelona, the Portuguese international is open to a significant salary reduction of approximately 20-25%, as revealed by Toni Juanmarti.

Given Manchester City’s reluctance to cover any part of Cancelo’s wages, Barcelona needed the player to accept a salary cut. This compromise is essential, as the club cannot afford to pay the full extent of Cancelo’s current salary at the Etihad Stadium.

With Joao Cancelo willing to accept a reduced wage, it appears that Barcelona is on the verge of securing the loan of the talented Portuguese player.

In the next 12 hours, the fate of this deal will be decided. Both Manchester City and Barcelona are working diligently to reach a final agreement, while Joao Cancelo eagerly awaits the green light for his transfer. Get the latest updates from the Premier League only on Nextbet Sports.