The Argentine has three-and-a-half years left and will return to training with Manchester club following a break in Tenerife.
City adamant Tevez will see out contract
Manchester City's refusal of Carlos Tevez's transfer request is categoric and it is understood that the club are adamant that Tevez will see out his contract, which has three-and-a-half years to run.
That rules out any move in the January transfer window.
Tevez returns to training today for the first time since having a written transfer request turned down.
While the Argentine is suspended for Thursday's Europa League trip to Juventus, a match which is a dead rubber, he will be available for selection for Monday's match at home to Everton and he will have to face a potential backlash from City fans, if picked by manager Roberto Mancini.
An additional statement released by his advisors on Tevez's behalf on Sunday - the striker does not speak English - reiterated his desire to leave the club, blaming failed relationships with some of the club's senior figures.
However, the club have made it clear that they believe the move is motivated by money and a desire for a new contract. City's firm stance is evidenced by their statement made on Sunday, expressing their disappointment at the actions of Tevez's agent Kia Joorabchian.
According to that statement, attempts have been made by Joorabchian and the player in recent weeks to renegotiate Tevez's contract, even thought the club have policy of not renewing contracts mid-season.
While it has been rumoured that Tevez could even retire from the game, that is not a feasible option for the player as it would lead to a breach of contract and give City the right to sue both the Argentine and Joorabchian, from whom they bought Tevez.
With three and half years left on a deal which makes him the club's best-paid player, according to City's statement, that compensation figure is likely to be in excess of £20 million (Dh 116m). Tevez's transfer request is already likely to have hit him in the pocket. Many big-earning Premier League players have loyalty clauses written into their contract along with items such as image rights. A transfer request would breach that clause.
Given Tevez's latest statement, Joorabchian appears to be attempting to play on rumours of a rift between Tevez and Mancini, after the striker appeared to have an argument with his manager after being substituted against Bolton Wanderers two weeks ago.
Claims that Tevez is homesick and misses his two young daughters in Argentina appear contradicted by the fact that he flew to Tenerife in Spain this week during two days that the club had given him off.