He will be replaced by former Bayern Munich boss Pep Guardiola, who has agreed a three-year contract with the club.
The club’s surprise statement ends considerable speculation linking them with Guardiola.
VIDEO: Former Bayern Munich boss Pep Guardiola to replace Manuel Pellgrini as Manchester City boss
Manuel Pellegrini is to leave Manchester City at the end of this season.
By The Newsroom
Tuesday, 2nd February 2016, 9:12 am
Updated Tuesday, 2nd February 2016, 9:14 am
