The Argentine striker is fined four weeks' wages, but any deal to take him away from the Etihad Stadium will have to be at market rate.
Tevez will not be sold at a cut-price rate
Manchester City will not sell Carlos Tevez below his market value, despite fining the Argentine striker four weeks' wages.
Tevez, who earns a basic salary of £160,000 (Dh941,337) a week, was also given a two-week suspension that has been deemed to have already been served and a written warning over his future conduct, the club said, following his refusal to play during the club’s 2-0 defeat at the Allianz Arena on Wednesday, September 27.
The previous Wednesday, Tevez and his representative, Kia Joorabchain, are understood to have been told he would not be receiving the loyalty bonus, worth around £6m, after handing in two transfers requests, one in December last year and the second earlier this summer.
Roberto Mancini, the City manager, had said, that night, Tevez was “finished” at the club and would never play for him again but the prospect of him wearing a City shirt remains a strong possibility, particularly if no suitor meets the €40m (Dh204,619m) Corinthians were prepared to play in the summer before the deal fell through.
With Uefa’s Financial Fair Play regulations looming, City are not prepared to accept a discounted deal for a player who is reported to have cost between £25.5m and £47m when he signed from Manchester United.
Paris St Germain, the big spending French club who are owned by a Qatari investment company, appear the only club who could afford the transfer fee and Tevez’s wages, while AC Milan are also thought to retain an interest in a player who has played for three Premier League clubs in the last three years.
City said in a statement Tevez had breached five regulations, including “an obligation to participate in any matches in which the player is selected to play for the club when directed by a Club official”.
Tevez insisted the incident was a misunderstanding, saying he had merely refused to warm-up, claiming he had already done so. Tevez was promptly suspended for two weeks pending a club investigation, which concluded last week.
“Following a detailed investigation and associated hearing, a disciplinary panel has upheld the charge of misconduct,” City said.
“Five separate breaches of contract formed the basis of the decision by the panel.
“As a result Carlos Tevez has been fined four weeks’ wages and has been suspended for a period of two weeks [deemed to have already been served].
“He has received a written warning as to his future conduct.”
Tevez has 14 days to decide whether to lodge an appeal to the club’s board of directors.