Chilean is currently one of the most respected trainers on the Continent.
Malaga head coach Manuel Pellegrini has confirmed that he is set to replace the recently departed Manchester City manager Roberto Mancini in the Eastlands dug-out next season, reports the Daily Mirror.
The experienced Chilean still has one more match left in charge of the Liga high flyers on Saturday, before bringing to a close his highly-successful two-and-a-half-year spell in charge of the Spanish outfit.
The 59-year-old took over at Malaga in November 2010, and in the intervening period Pellegrini managed to guide the club into the Uefa Champions League for the very first time in their history.
And not only that, but the former Villarreal and Real Madrid boss also then surprisingly steered Malaga into the knockout phase of Europe’s premier club competition, before losing in heartbreaking fashion to eventual beaten finalists Borussia Dortmund.
However, Pellegrini has now confirmed that he does have a verbal agreement in place with the mega-rich Premier League giants to be their coach next season, telling Spanish TV station Canal Sur: “I have a verbal agreement with them and I hope it is carried out.
“As of today [Wednesday], I don’t have a signed contract.
“It is true that Manchester City have shown a lot of interest that I become their coach and I have had conversations with them.
“Until things have been signed, you cannot say everything is completely done.”