The 26-year-old has failed to make a single league appearence so far in his two-year spell at the club and is looking for first-team football but his next move is unclear
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Pantilimon has been linked with a move to Italy, with speculated interest from Fiorentina, but representative Ion Timofte claims that no approach has yet been made for his services.
"There has been no contact with Fiorentina or with other Serie A sides," Timofte told calciomercato.it when discussing a possible move to the Viola.
"I don't know if Costel will remain at Manchester City; the market is not officially opened yet.
"Going to play in Italy? It's a beautiful country but then I repeat - for now there is nothing."