City will play Real Madrid in the Champions League semi-final with the first leg to be played at the Etihad Stadium.
The Blues will play the first leg at home on 26 April.
The return leg will be on 4 May at the Santiago Bernabéu with the winners facing either Atletico Madrid or Bayern Munich on 28 May at the San Siro, Milan.
Whoever triumphs from City's tie will be deemed the home team in the final.
Manuel Pellegrini, of course, managed Real Madrid in 2009/10 and signed Cristiano Ronaldo and Karim Benzema for a combined fee of £110m.
The Blues' boss oversaw a record points haul for Madrid during his year in charge but was unfortunate to find Barcelona in equally irresistible form with the Catalans accumulating 99 points. The Chilean was replaced by Jose Mourinho before taking over Malaga.
Dates and ticket details will be announced shortly.
More to follow...