Joao Cancelo to Barcelona is set to take place on a loan basis due to Financial Fair Play (FFP) issues faced by the Catalan club. The absence of a potential buy option in the deal reflects the intricate financial constraints Barcelona finds itself in.
Cancelo, the talented Portuguese right-back, has been on the radar of several top clubs, including Barcelona, owing to his exceptional performances for Manchester City in recent seasons. The Blaugrana’s interest in securing his services was apparent, but the FFP regulations have reportedly impeded them from negotiating a permanent transfer.
Financial Fair Play regulations were introduced by UEFA to promote financial stability and ensure clubs do not spend beyond their means, thus preventing situations of excessive debt. Unfortunately for Barcelona, their recent financial struggles, compounded by the economic challenges posed by the global pandemic, have got careful management of their transfer dealings to adhere to FFP guidelines.