The deal between Manchester City and Corinthians for striker Carlos Tevez appears to have collapsed, with the Brazilian club revealing they are unable to make the first payment immediately as requested by City instead of early in 2012 as stated in the Sao Paulo club's original offer.
Corinthians now say they are in no position to make an up-front payment, and with the transfer window in Brazil closing on Wednesday, the club have made a statement on their official website suggesting the Argentine will have to remain with City until at least next January.
Corinthians' director of football, Duilio Monteiro Alves, earlier confirmed the negotiations were not going well, saying: "I'm pessimistic. City want us to start the payments now, and we cannot do that."
Adrian Ruocco, Tevez's attorney added: "Regrettably, judging from the pace of negotiations right now, it is improbable that we will come to any agreement with Corinthians."
"The only thing that stands in the way of a deal is this matter about the first installment. But we will wait until Wednesday, that is the only thing we can do."
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