The return of Carlos Tevez to Boca Juniors won't cost the Argentine club "not even one euro" because the club is covering his remaining value with a percentage of young players, Boca president Daniel Angelici told ESPNFC Radio.
Angelici, who said that Tevez will be presented at his boyhood club either July 6 or 7, assured that Boca won't pay anything for Tevez.
"I said from the beginning that I wouldn't discuss the transfer until it was done and the very next day what I read in the media was that the Tevez transfer would cost Boca €5 million in addition to a percentage, but I want to clarify that this transfer won't cost Boca a single euro," Angelici said.
"They [Juventus] put a value similar to amortization of the balance due and we covered that by giving them some players and the promise of younger players and we are looking into equalising the rest of the contract that way."
Tevez joined Boca as a youth in 1997 before agreeing a move to Brazilian side Corinthians in December 2004, and then on to Premier League clubs West Ham, Manchester United and Manchester City before signing for Juve in 2013 for £12 million. Tevez scored 19 and 20 goals in his two seasons in Serie A and helped Juventus to two Serie A titles and one Coppa Italia.
He has always spoken of a desire to return to the Buenos Aires-based club while still capable of performing at a high level.
The 31-year-old's current remaining contract with the Bianconeri is estimated to be worth €5 million.
"Everything I do, I do for the good of the club. I am the same person as when I was club treasurer, I know the club finances. I am not going to go crazy. When I go after a player, I am strong and I am convinced. You are all going to see because it will be public. We have had a solid administration over the past three years, we are going to close out with 63 million (Argentine pesos) in profit," Angelici said.
"We always said that if Carlos won titles in Italy, Juve would not put up obstacles, so we are very grateful for his return to Argentina.
"I have been in contact with Carlos, he is focused right now on Copa America as it must be and I hope he can bring that back too. Once he finishes he will have five or six days of holiday because he played Champions as well. Then we will have his signing and presentation July 6 or 7 followed by a farewell match in Bataglia on July 8."
Angelici said a July 15 match is also in the works vs. Quilmes and added that he is working on making sure Tevez can wear No. 10 as he did in his first stay with Boca.