João Cancelo’s Valencia Loan Made Permanent


Photo: Valencia CF

Photo: Valencia CF

João Cancelo

Benfica to Valencia

Valencia CF announced today their definitive purchase of Benfica’s João Cancelo. Cancelo played in Spain all season at Valencia, where he was on loan from the Portuguese giants. As part of the loan deal, Valencia had the option to purchase Cancelo outright for 15 million euros, and though the final price of the deal has not been announced, it is believed to be 15 million.

This deal represents yet another sale of a talented young player for big profit, following in the footsteps of André Gomes and Bernardo Silva. Gomes was at most a bench player at Benfica, but has since thrived at Valencia. Silva had yet to even break into the first team at Benfica, but his 15 million euro move to Monaco has proven a tidy bit of business for the French club, after some increasingly impressive performances. If this deal is to be compared to that of Gomes and Silva, we can expect big things from João Cancelo in the near future.

Of the deal, Cancelo said: “[I am] very happy to continue at Valencia CF, whom I hope to help for a long time to come. I will always carry Benfica in my heart, but now my biggest dream is to continue giving my best for Valencia CF, growing with the team and repaying the great confidence that the club have shown in me.” (Valencia CF) His deal runs until 2021.

Joao Cancelo Joins Valencia on Loan


Photo: Valencia CF

Photo: Valencia CF

Joao Cancelo

Benfica to Valencia (loan)

Benfica’s young right-back Joao Cancelo has joined La Liga side Valencia on a season-long loan from Benfica, the Spanish club have announced. Cancelo is already training with the team and will be presented later today. It is believed that the arrival of Cancelo will spell the end of Joao Pereira’s time at Valencia, with the veteran right-back reportedly on the out.

This move comes after a summer of speculation about Joao Cancelo’s future. Pacos Ferreira were reportedly very close to securing a loan deal earlier in the summer, but that deal fell through. More recently, it was announced that Meriton Capital Limited, Valencia’s soon-to-be owner Peter Lim’s company, purchased the rights to Cancelo as well as Bernardo Silva and Ivan Cavaleiro. With little reported on this supposed purchase, it is difficult to determine its legitimacy. But if it is true, it comes as little surprise, as Peter Lim recently purchased the rights to two other Benfica players, Andre Gomes and Rodrigo.

The Spanish club’s new coach, Nuno Espirito Santo, is known from his time coaching Rio Ave to have strong ties to Portuguese super-agent Jorge Mendes. Mendes has brokered deals for players such as David Luis, Cristiano Ronaldo, and Angel Di Maria in the past, and much of Nuno’s Rio Ave side were represented by Mendes’ agency, Gestifute. Andre Gomes, Rodrigo, Bernardo Silva, Joao Cancelo, and Ivan Cavaleiro are all represented by Mendes, which will guarantee them big moves in the future, but not necessarily playing time.