I'm sure many of you are wondering why Barcelona still haven't signed Joao Cancelo. It was going to be officially announced last week!
The Athletic's Pol Ballus names the exact reason behind the delay.
At the moment, the club can't sign new players or even register Inigo Martinez and Inaki Pena in La Liga.
Barca claim they still haven't received the funds from a German company – one of the club's multiple 'levers' they've triggered to be able to make signings. The company insists that it's only because Blaugrana requested to change the agreement at the last minute.
To avoid any unpleasant surprises, Joan Laporta and Barca's treasurer, Ferran Olive, are preparing to sign a bank guarantee, putting their personal wealth at risk. Barcelona would receive €20m immediately.
Also, the upcoming departures of Clement Lenglet, Ansu Fati and probably Abde would help the matter.
Joao Cancelo is waiting for Barcelona's 'green light'. Everything is agreed between Barca and Manchester City. The Portuguese defender was even ready to fly to Spain earlier this week until the club told him that they can't afford his signing yet.
The 29-year-old would join Blaugrana on loan until the end of the season with a buyout option.
