AC Milan vice-president Adriano Galliani announced on Wednesday that the Italian giants had made an offer to City to take the Argentinian on loan in January with a firm option to buy next summer. City have not formally acknowledged they have received an offer but Mancini insists the club do not want to let the 27-year-old leave on loan.
Mancini, speaking after Wednesday night's Champions League game against Bayern Munich, said: "I don't know about this situation at the moment, but we want to sell Tevez. For this reason, in this moment, nothing is sure and we should wait for the next days. The only sure thing is we don't want Tevez to go on loan."
Tevez is currently in his native Argentina having flown home without City's permission a month ago.
His representatives have been speaking to officials at Milan about a possible move over the last fortnight.
Those productive talks resulted in Galliani announcing Milan's intentions but there has been no suggestion from City a deal is imminent.
Source: PA
Source: PA