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