Manchester City on brink of selling striker Carlos Tevez to Juventus for £10m

Striker is unlikely to expect to match his £200,000-a-week wages in Serie A

Manchester City have agreed the sale of Carlos Tevez to Juventus for £10m - at least a third of the fee they paid for him - and with the player likely to agree personal terms, the club look likely to lose his £200,000-a-week wages.

The transfer of Tevez on a three-year deal - agreed on the second day of Manuel Pellegrini's reign as City manager - will deliver the club a base transfer fee of 9m euros (£7.6m), though the sum will reach the £10m mark with some of the add-ons Juve have agreed to, which include 1m euros (£848,000) for every year the Italians qualify for the Champions League. But it is the wages and bonuses which they must lose, as an already a summer in which they have laid out £45m on Jesus Navas and Fernandinho will become more of a drain on their resources, with a replacement striker critical after Tevez's departure. City have made an verbal enquiry in the last month about the Borussia Dortmund striker Robert Lewandowski, though they face a battle in their attempts to sign him. Attempts to sign Napoli's Edison Cavani have failed.

The lack of agreement on personal terms means the deal is not complete and Tevez may not immediately fly to Turin for a medical today because of that. But he is understood to be happy with the highly incentivised package on the table and negotiations are understood to be 90 per cent complete.

Sources in Italy last night suggested that Tevez, 29, would earn 5.5m euros (£4.6m) a year in Italy with substantial bonuses based on appearances and goals, which represents a near halving of the terms which saw him brought to City from Old Trafford. Yet he has always hankered after playing in Serie A. He feels he will join a strong, young side and a club which is some ways is still bigger than City, if less well resourced.

City moved rapidly to agreed terms. Chief executive Ferran Soriano and director of football Txiki Begiristain met Juve officials in London late this morning and within a few hours were ready to call the player's representative, Kia Joorabchian, and ask him if he was prepared to talk to the Italians. Despite rumours in Italy, as of Monday night the Tevez camp were in the dark about the club's intentions and still seeking a conversation with them.

The club wanted to be rid of the Tevez wages, as the strive to comply with the strictures of Uefa's Financial Fair Play regime. The club stressed last night that they were saving themselves £17m for the remaining year of the Argentine' contract - £10.6m in basic wages and a further £6.4m in unspecified bonuses. Though that adds up to a gain of £27m, the cost in wages and bonuses of the player's would offset that figure in real terms.

The add-ons to the transfer fee for City will include one million euros (£848,000) for each year that the Italian side win the Italian title or Champions League, as well as the same figure for Champions League qualification. If the transfer is agreed, it will leave City with just two experienced strikers - Edin Dzeko and Sergio Aguero, who has recently signed an extension to his deal.

Tevez's departure would mean the departure from English football of one of the most controversial figures of modern times who, despite his high profile row with Pellegrini's predecessor Roberto Mancini, has played a key part in the club's development into a side who represent a genuine challenge to his former club.

 

Get Adobe Flash player

 



Tevez has been in English football for seven years and though he never fully adapted to life in the country and struggled to grasp the language, he has been a rich addition to the Premier League. Though he fell out spectacularly with Mancini by refusing to go onto the field of lay in a Champions League tie at Bayern Munich the season before last, the club's Abu Dhabi ownership have never forgotten the way he disappeared to Argentina in November 2011 - effectively going on strike - when his transfer request was not granted. The strike cost Tevez £9.3m in fines, docked wages and sacrificed loyalty bonuses.

Inter Milan are monitoring Micah Richards' contract negotiations at Manchester City, with an eye  to taking the 25-year-old on loan if he fails to reach an agreement with the club.

The full-back opened talks with City last week and though the two sides have yet to reach agreement on a new four-year deal, there is no suggestion of any impasse. Inter feel that they be an attractive alternative for Richards, since he has played relatively little football in the last year during which he was plagued by a long- running knee injury. City do not want to lose the player, one of their few home grown talents.

PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
News
Bryan Cranston as Walter White, in the acclaimed series 'Breaking Bad'
news
News
Those who were encouraged to walk in a happy manner remembered less negative words
science
Sport
footballChelsea 6 Maribor 0: Blues warm up for Premier League showdown with stroll in Champions League - but Mourinho is short of strikers
Arts and Entertainment
Princess Olga in 'You Can't Get the Staff'
tvReview: The anachronistic aristocrats, it seemed, were just happy to have some attention
News
Renee Zellweger as Bridget Jones
i100
Life and Style
tech

Board creates magnetic field to achieve lift

News
There have been various incidents of social media users inadvertently flouting the law
news

Life and Style
Stack ‘em high?: quantity doesn’t always trump quality, as Friends of the Earth can testify
techThe proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?
News
Bourgogne wine maker Laboure-Roi vice president Thibault Garin (L) offers the company's 2013 Beaujolais Nouveau wine to the guest in the wine spa at the Hakone Yunessun spa resort facilities in Hakone town, Kanagawa prefecture, some 100-kilometre west of Tokyo
i100
Sport
CSKA Moscow celebrate after equalising with a late penalty
footballCSKA Moscow 2 Manchester City 2: Premier League champions let two goal lead slip in Russia
Environment
Sudan, the last male northern white rhino
environmentThe death of a white northern rhino in Kenya has left the species with a single male. These are the other species on the brink
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Bleacher Report

Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?
Ed Sheeran hits back after being labelled too boring to headline festivals

'You need me, I don’t need you'

Ed Sheeran hits back after being labelled too boring to headline festivals
How to Get Away with Murder: Shonda Rhimes reinvents the legal drama

How to Get Away with Murder

Shonda Rhimes reinvents the legal drama
A cup of tea is every worker's right

Hard to swallow

Three hospitals in Leicester have banned their staff from drinking tea and coffee in public areas. Christopher Hirst explains why he thinks that a cuppa is every worker's right
Which animals are nearly extinct?

Which animals are nearly extinct?

Conservationists in Kenya are in mourning after the death of a white northern rhino, which has left the species with a single male. These are the other species on the brink
12 best children's shoes

Perfect for leaf-kicking: 12 best children's shoes

Find footwear perfect to keep kids' feet protected this autumn
Anderlecht vs Arsenal: Gunners' ray of light Aaron Ramsey shines again

Arsenal’s ray of light ready to shine again

Aaron Ramsey’s injury record has prompted a club investigation. For now, the midfielder is just happy to be fit to face Anderlecht in the Champions League
Comment: David Moyes' show of sensitivity thrown back in his face by former Manchester United manager Sir Alex Ferguson

Moyes’ show of sensitivity thrown back in his face... by Ferguson

Manchester United legend tramples on successor who resisted criticising his inheritance
Two super-sized ships have cruised into British waters, but how big can these behemoths get?

Super-sized ships: How big can they get?

Two of the largest vessels in the world cruised into UK waters last week
British doctors on brink of 'cure' for paralysis with spinal cord treatment

British doctors on brink of cure for paralysis

Sufferers can now be offered the possibility of cure thanks to a revolutionary implant of regenerative cells
Ranked seventh in world’s best tourist cities - not London, or Edinburgh, but Salisbury

Lonely Planet’s Best in Travel 2015

UK city beats Vienna, Paris and New York to be ranked seventh in world’s best tourist destinations - but it's not London