In an unprecedented move, Khaldoon has spoken publicly about a City player to make it clear in no uncertain terms that he will not be railroaded into selling Tevez to AC Milan just because it is the 27-year-old's preferred destination. Tevez has remained in South America since November 7, extending a dispute that has so far cost him ?9.3million.
Although Paris St-Germain and Inter Milan have made approaches to City, it appears Tevez is holding out for AC Milan, who have so far failed to meet the Blues' ?25million asking price. Khaldoon said: "Carlos remains a player with contractual obligations to Manchester City for the next two-and-a-half seasons."
He added: "Unless we receive an offer that we deem appropriate, the terms of his contract will be enforced.
"Inter Milan and Paris St-Germain approached discussions with us in good faith and it is always a positive experience to deal with people with a professional approach."
Tevez returned to South America two weeks after he was fined a fortnight's wages for his failure to warm up during City's Champions League defeat to Bayern Munich in September, which had been six before it was reduced on appeal.
It now transpires City stopped paying wages estimated at ?200,000 a week at the end of November and also fined Tevez six weeks wages for gross misconduct over his refusal to return.
That fine is currently the subject of an appeal to the Premier League as Tevez's initial challenge was rejected by Blues directors Marty Edelman and Mohamed al-Mazrouei on January 7.
A final verdict is expected by the end of the month. However, as Tevez also forfeited ?6million in loyalty bonuses prior to the Bayern episode at the Allianz Arena due to his previous requests to leave City, his dispute with the Premier League leaders has now cost him the quite staggering sum.