Cancelo spent the second half of the season loan in Bavaria and numerous reports indicated that he could return to his parent club before being sold to one of a list of possible suitors. In the past few days at Bayern Munich, things have changed, however.
Lucas Hernandez is close to a deal with Paris Saint-Germain, Benjamin Pavard has informed the club he would like to leave, Thomas Tuchel is calling for a ball-playing center-back to be brought in, Alphonso Davies’ future is at least somewhat in doubt, and the backline is in a general state of flux overall.
Now, the return of Cancelo has not been completely ruled out — if Manchester City lowers its asking price — per Sport1 journalist Kerry Hau (as captured by @iMiaSanMia):
Bayern will continue to monitor how João Cancelo’s price will develop in the next weeks. Should Manchester City lower the asking price significantly (€30-40m), then Bayern will at least consider this option.