The Carlos Tevez saga is over: West Ham will be paid $4 million by Tevez’s representatives, nullifying the player’s contract with the West End club and allowing Kia Joorabchian and Media Sport Investment, which still own the player’s economic rights, to bring the Argentine striker to Manchester United. The settlement was cleared by the English Premier League on Friday; shortly thereafter, Tevez completed his medical exam at Old Trafford and will be unveiled next week.
All parties expressed their delight that the protracted saga had finally ended. West Ham chairman Eggert Magnusson said: “I am obviously pleased that we have finally reached the end of this saga through agreement and common sense. I wish Carlos Tevez well for the next stage of his playing career. He is a fine player and I am sure he will be successful wherever he plays football.”
Tevez, meanwhile, has agreed to move to United for an initial loan of two seasons, with a fee of $20 million payable to Joorabchian’s affiliated companies MSI and JSI, in addition to the option of United buying the player permanently for $40 million. Tevez will make $7 million per season and is expected to debut against Reading at Old Trafford on Aug. 12.