The Italian forward impressed at Euro 2012, scoring twice in the semi-final to help his country to victory over one of the pre-tournament favourites, Germany, and Mancini has stated that in the aftermath of the competition Balotelli attracted a lot of serious interest from a number of clubs.
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"This summer, we had a lot of requests for him. Many important teams wanted him," Mancini told reporters.
When asked whether the club were willing to sell the player, Mancini was keen to play down such talk, pointing to Balotelli's relatively young age as a sign that there was more to come from him.
He added: "No, because he is young. We are sure he can improve. You can say Mario did a good season because he scored 15 or 17 goals, he did the last pass for Sergio [Aguero] in the last game [against QPR]."
Balotelli endured a stop-start campaign after picking up multiple red cards during the season, and a four-match ban for stamping on Scott Parker's head that went unseen by referee Howard Webb towards the end of the season, but he still managed to contribute 17 goals across all competitions in just 32 appearances.