Carlos Tevez fee is agreed with Corinthians

Manchester City manager Roberto Mancini today confirmed that the club have agreed a fee with Corinthians for striker Carlos Tevez.

The Sao Paulo-based team, where Tevez spent two seasons from 2004 and 2006, made an unsuccessful £35million bid last week, with their president Andres Sanchez claiming Juventus had also entered the race for the Argentine.

But it looks likely that Tevez will return to his native South America after Corinthians increased their bid.

Mancini said: "We have an agreement with Corinthians but Carlos is still a City player."

Tevez is not on City's tour of the USA as he has been on Copa America duty for Argentina. The 27-year-old was the only player to miss a spot-kick as the tournament hosts were knocked out in the quarter-finals by Uruguay in a penalty shoot-out after a 1-1 draw in normal time.

Brazil suffered a similar fate, with the five-time World Cup winners missing all four of their spot-kicks against Paraguay.