Shanghai Shenhua have confirmed they are in detailed talks with Boca Juniors in a bid to sign Carlos Tevez and claim to have made a "breakthrough" in the negotiations.
Reports have suggested Tevez has been offered an astonishing €40million-per-year to make a move to the Chinese Super League.
"We have done a lot of work [on trying to sign Tevez] and it's safe to say that there has been a definite breakthrough in the negotiations," Wu told Shenhua News.
"But for a variety of reasons, we have not nailed down the deal.
"Their club have problems that are still yet to be solved and I will spare you the details.
"We will continue to put greater effort into this and strive to give our supporters a pleasant surprise as early as possible."
The Argentina international has scored twice in nine Primera Division appearances in 2016-17 and netted in Sunday's 4-2 win over Racing Club.
