The Catalan outfit brought in Cancelo on loan from Man City last September, and the 29-year-old has been a key player for Xavi's side this season, making 33 appearances in all competitions, scoring four goals and registering four assists in the process.
The 29-year-old wants to move to Camp Nou on a permanent basis this summer, but the La Liga champions will allegedly find it difficult to sign him due to their financial issues.
A recent report claimed that Barcelona are keen to agree another loan deal for the 2024-25 campaign, with the move then becoming permanent in the summer of 2025.
However, Man City are only believed to be interested in a permanent exit for a fee of around €50m (£42.8m), and there is thought to be significant Saudi Arabian interest in the Portugal international.
Kayode emerges as an option for BarcelonaAccording to Fichajes, Barcelona are currently exploring alternatives to Cancelo and have identified Kayode as a genuine target during the summer market.
The report claims that the La Liga giants are determined to add 'emerging talent' to their squad, and the 19-year-old is viewed as one of the brightest young talents in world football.
Kayode started his youth career with Juventus before moving to Gozzano, spending the 2020-21 campaign with the Serie D outfit ahead of a move to Fiorentina in 2023.
The right-back, who is also thought to be wanted by Arsenal and Man City, has made 29 appearances for the Italian outfit, scoring once and providing four assists, including 20 outings in Serie A.
Barcelona still attempting Read on sportsmole.co.uk