Arsenal's hopes of signing Joao Cancelo this summer have been given a significant boost after Manchester City set a new asking price. The Portugal international was exiled from Pep Guardiola's squad after the conclusion of the World Cup which resulted in him joining Bayern Munich in the January transfer window on a six-month loan.
With the final match of the league season completed this past weekend in both the Bundesliga and Premier League, Cancelo's loan spell is over in Germany. In the contract signed that saw him leave Manchester in January, a €70million (£60.7m) buy option was also included, but that will not be activated by the German champions which will see Cancelo return to Manchester.
Guardiola appears to have no interest in keeping him in the squad for next season though, which opens the door for the Gunners to add Cancelo to their ranks. As an inverted full-back, Cancelo would be a perfect fit for Mikel Arteta's tactical set up which relies heavily on a full-back drifting inside and creating a possession overload in midfield.
