The transfer of Portuguese right-back, Joao Cancelo has been confirmed after weeks of negotiations between Valencia and Juventus.
The talented Cancelo was first noticed when he played for Inter on loan during the season. Inter missed their opportunity to grab Cancelo when Valencia and Juventas started negotiating on the transfer of the Portuguese right-back.
Valencia had to make the sale due to FFP regulations on their summer transfer budget so they could start preparing for the next season. The agreed upon amount was settled at €40 million after weeks of back-and-forth and haggling from Valencia’s side of the fence.
Cancelo had been moving up the ranks since he started out with Benfica when he moved to Valencia in 2015. He soon caught the attention of many parties and had more than 91 appearances in only two seasons in La Liga. He was then sent to Inter for the final campaign.
He suffered a medial collateral injury in September 2017, which put a hamper on him starting at the San Siro. Fortunately, he recovered by December and he soon made up for lost time. This enabled Cancelo to keep a regular place and make 20 starts which aided in Inter’s fourth place. During this time, Cancelo helped Inter keep nine clean sheets in Serie A.
The fee of €40 million will be paid by Juventus in instalments over the course of three years with a first payment amounting to €15 million.
Cancelo’s move will be complete after he has undergone a full medical.