Manchester City have rejected a bid from Corinthians for Carlos Tevez.
City have rejected Corinthians' £40million bid for Tevez.
High-level discussions have taken place at City on Tuesday before the decision was made to reject the bid that came late on Monday.
It maintains the level of uncertainty surrounding Tevez's future, with the player desperate to leave for family reasons and City refusing to sanction the departure of their skipper without adequate compensation.
No reason has been given by City for their stance.