MANCHESTER CITY have reportedly rejected the chance to sign Nelson Semedo in a straight swap for Joao Cancelo.
Semedo's Barcelona contract expires in 2022 and the Catalans are hoping to cash in on him before his value drops through the floor next summer.
Right backs Cancelo and Semedo share Jorge Mendes as an agent and the middle man has offered the Barca star to City.
But, according to Spanish outlet Marca, City are not interested, as they believe Cancelo is worth more.
Etihad chiefs are said are said to value Portugal star Semedo at £40million – £20m less than they paid Juventus for his compatriot Cancelo last year.
Guardiola hoped Cancelo would provide the competition which he believes Kyle Walker needs
But it has not worked out as he started just eight Premier League matches before the competition was halted.
Semedo, however, has played 25 times for Barca this term and is the first-choice right-back for the Catalan giants.
Walker is waiting to be disciplined by City – who said they were disappointed with him for breaking lockdown rules by inviting call girls to his flat last month.
He is not expected to be sold despite his conduct but Guardiola is hoping he will have to battle for his place in the side next season.
The Etihad giants are being cautious with their own summer plans due to the impact of the coronavirus and the threat of a Champions League ban hanging over them.
However, the possibility of an improved swap deal with the Catalan giants is something that could still appeal to both parties.
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