• Premier League

Corinthians won't raise the stakes for Tevez

ESPN staff
July 13, 2011
Carlos Tevez is keen on a return to South America to be closer to his children © Getty Images
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Corinthians will not raise their offer for Carlos Tevez after Manchester City rejected their initial £35 million bid for the striker.

Club president Andres Sanchez insists they will not raise the stakes and stump up the £50 million City are believed to want for their skipper. With the Brazilian transfer window set to close on July 20, Sanchez has warned the move will not happen if the two clubs cannot agree a deal by Sunday.

"I was in Argentina for a Brazil match [at the Copa America], I spoke with Tevez and his representative on the phone," Sanchez told Lancenet.

"Corinthians have made an offer of approximately €40 million [£35m] to sign him permanently. This sum means we will be spending 20 to 25 per cent of our TV rights' earnings if City accept it.

"I have made an offer which I think City cannot refuse, and we will not raise it further. If they ask for [£50 million], they will keep him. If we haven't closed the deal by Sunday it won't happen this year."

Tevez, who left Corinthians in 2006 to join West Ham, claimed he would be happy to return to Brazil.

"An offer arrived and I would have no problem returning," Tevez said."They got in contact with me, sent an offer to the club and in eight to 10 days the transfer market in Brazil closes."

© ESPN Sports Media Ltd.
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