Juventus Beat Inter to Joao Cancelo Signing After Agreeing €38m Deal With Valencia

​Valencia have finally given in to Juventus' pursuit of Joao Cancelo, with a €38m fee agreed upon for the Portuguese right back.

​Football Italia reports that numerous sources, including Sky Sport Italia, Sportitalia and La Gazzetta dello Sport, are bringing news of a done deal and now there are only minor details to be finalised before the move can be completed.

​Juventus had a bid of €15m plus Croatian winger Marko Pjaca ​rejected last week, but Valencia did eventually agree to a slight discount on their €40m asking price. In return, Juventus agreed to a permanent move rather than a loan deal with an obligation to buy.

This news comes as a blow to Inter, where Cancelo had impressed during a season on loan at the San Siro. They refused to pay the asking price and their ​Serie A rivals have now profited.

Cancelo initially struggled to get in the team at ​Inter but once he broke through in December he became a key part of their Champions League challenge, which culminated with a final day win at Lazio to secure 4th place.

Cancelo will be Juventus' fourth major signing of the summer after goalkeeper Mattia Perin, wide man Douglas Costa and a soon to be completed deal for out-of-contract ​Liverpool midfielder Emre Can.

Cancelo has scored three goals in seven appearances for Portugal and was included in their preliminary 35-man squad for the World Cup, but did not make the final cut.