Kia Joorabchian has revealed that Carlos Tevez had to walk away from Manchester United because he was not given enough time to consider their offer.
United announced on Saturday morning that Tevez would be leaving Old Trafford following a two-year loan spell with the club.
The Red Devils had agreed to pay the £25.5million fee required to secure Tevez's services permanently and offered the striker a lucrative five-year contract.
However, he rejected the proposal and is now expected to join either Manchester City or Chelsea.
Joorabchian has now clarified the situation by insisting that money was not a factor in the Argentine's decision.
The 25-year-old's advisor has also stressed that Tevez was left with no choice but to turn United down as he was not given enough time to make his mind up.
"When Man United made their offer about ten days ago, for the first time in two years, we never went back to them to ask about money," Joorabchian told Sky Sports News.
Not enough time"We just asked for some time to think about it. Obviously they have had two years to think about it and Carlos had to make a decision based on his family.
"Just to make it clear, this has been Carlos' decision. Nobody else would make this decision for him."
Joorabchian added: "We didn't actually reject the offer.
Manchester United have ruled themselves out of the running.
"We actually asked for more time and if they could not give that we would have to walk away.
"He wants time to digest it and to know which club would suit him because now he is committing the next five years of his future."