The agent of Carlos Tevez has denied reports that Manchester City have paid investors a British record £47 million to sign him.

"This story is inaccurate and misleading," Kia Joorabchian said.

"There appears to be the hand of mischief at work as the numbers quoted are fictitious.

"There was also no mystery about the true details as full disclosure was made both to the Football Association and the Premier League."