The Premier League side have been linked with a £40 million move for the Bayern Munich goalkeeper, but the Bavarians' coach insists a move is not in the offing
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Neuer has played an integral role in the Bavarian giants' success and the Bayern coach Guardiola insists the 27-year-old will not be moving to the Premier League club.
When asked about the prospect of Neuer signing for City, the Spaniard said: "No chance."
Goal understands Pellegrini has cast his net wide in search for a new goalkeeper, with the likes of Willy Caballero and Iker Casillas linked in the past.
Hart will face Bayern on Tuesday as City look to better the 3-1 reverse the European champions consigned them to back in October in the search for top spot in Group D.