Manchester City reject Carlos Tevez £37m bid from Corinthians

13 July 2011 07:45
Carlos Tevez suffered further frustration over his Manchester City future on Tuesday night after a ?37million bid from Corinthians was rejected by the club's board.

The unhappy Argentina forward was pinning his hopes on City approving his old side's offer and allowing him to return to South America to be nearer his family.

But he was left in limbo after City wasted little time turning it down, while making it clear to Corinthians that the asking price is ?50m.

Wanted man: Carlos Tevez (right) battles away in Argentina training on Tuesday

The approach from Corinthians was considered at a meeting at the Etihad Stadium but was always likely to fail amid misgivings about the Brazilian side's ability to pay and how they would attempt to structure a deal.

Idol: Tevez during the 2005 title-winning season with Corinthians

City's concerns were heightened by an admission from Corinthians director Duilio Alves that they may have to seek a loan arrangement if the FA Cup holders stuck to their 'absurd' valuation.

Told that City see Fernando Torres's ?50m January move from Liverpool to Chelsea as a price guide for any Tevez deal, Alves said: 'In that case, it would have to be a loan. We cannot buy him, that is an absurd figure, unviable for the Brazilian football market.

'His intention (to join us) exists. If one day it is possible, Corinthians are interested. It is not impossible. It is a dream we are trying to make true. I do not want to give false hope to the fans. We will try.'

Corinthians president Andres Sanchez insisted on Tuesday night he was still waiting to be told that City had rejected the bid but warned: 'If they want ?50m, then he will stay in England. Corinthians will not increase the offer.'

However, Sanchez was privately confident Tevez was keen to join his club ahead of any offer fromEurope even though the four-year deal on the table would not match his current wages.

'We would commit 20-25 per cent of our TV rights over the next four years to Manchester City,' Sanchez explained.

'It is close, but if he is not signed by Sunday, it will be difficult for him to come.'

Tevez, 27, won the 2005 Brazilian title during a two-year stay when he was idolised by the fans of the Sao Paulo club.

Waving goodbye: Bookmakers Betfair have Tevez priced at 1/9 to leave Manchester City this summer

Fans' favourite: Tevez at Corinthians in 2005

His mentor Kia Joorabchian said: 'It is impossible to determine the situation, but I think it's close. He's one of Corinthians' biggest idols and has remained one of their biggest idols. The fans there are absolutely crazy about him.'

Despite Joorabchian's optimism, any discussions look like being shortlived after City dismissed Corinthians' offer and made it clear they would not entertain the idea of letting him go out on loan.

City's initial response to Tevez's transfer demand was that he would leave on their terms, not his, and their swift answer to Corinthians' overtures underlines how they are in no mood to climb down.

They have been hunting for a big name since Brazil legend Ronaldo announced his retirement in February.

The 34-year-old's astronomical wages were paid by cutting deals with sponsors and Corinthians' head of marketing Luiz Paulo Rosenberg believes Tevez would have similar appeal to the three-time FIFA World Player of the Year.

'Nothing excites the marketing department more than Tevez,' said Rosenberg.

'Ronaldo was like the perfect wife you always wanted. Tevez is a returning Argentine lover, it's very exciting.

'There is a gap in the budget since Ronaldo left. I'm hoping we can make this work, but it takes two to tango.'

Should Corinthians fail in their bid, Tevez's fading hopes of a fresh start will rest on one of Europe's majorclubs coming up with the funds City are demanding.

What a way to go: Tevez's last act as a Manchester City player looks like being lifting the FA Cup in May

There is little indication of anyone riding to the rescue, though Spanish side Malaga, backed by massive Middle East investment and eager to recruit top talent, could yet provide a solution.

Meanwhile, another unsettled City forward, Emmanuel Adebayor, has spoken of his humiliation at being left out of the club's tour of America.

The former Togo striker, 27, said: 'I got an email out of the blue telling me I wasn't going on tour and that I am not going to train with the first team. It's an insult to tell me I am only fit to train with the reserves. I will return to training but I feel I've been let down and disrespected.'

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Source: Daily_Mail