Manchester City has set a definitive price tag for Cancelo. Barcelona wants to acquire the defender

Manchester City has set a price tag for the wing-back Joao Cancelo, who currently plays for Barcelona on loan.

The citizens are willing to entertain offers for the Portuguese footballer if they can secure a sum upwards of 30 million euros, as reported by Dario Sport.

Previously, Barcelona's president, Joan Laporta, disclosed the club's intentions to secure Cancelo's contract permanently. Additionally, the Blaugrana are also working on acquiring Joao Felix, who is on loan from Atletico Madrid.

The 29-year-old right-back Cancelo joined the Blaugrana in September. His loan agreement extends until the summer of 2024. He has participated in 21 matches for the Catalan club, scoring three goals and providing two assists.

The authoritative German portal Transfermarkt assesses Cancelo's market value at 40 million euros.

Manchester City holds the fifth position in the English Premier League, while Barcelona stands fourth in La Liga after 18 rounds.