According to Catalunya Radio, Barcelona do not believe 26-year-old Semedo has reached his potential at the club.
Barcelona are also mindful of Semedo’s contract situation, with his current deal having two years left. It means they can sell him now for a big fee or face losing him for much less next year.
Semedo, a €30.5m buy from Benfica, knows he isn’t guaranteed a start at Camp Nou and is willing to leave.
Barcelona’s €50m valuation is steep, but they are willing to consider trade deals due to their financial situation.
A swap deal for Manchester City’s own Portuguese right-back, Joao Cancelo, has been rumoured and could suit both clubs.