The 59-year old was named as replacement for sacked Italian manager, Roberto Mancini due to his inability to win silverware in the just concluded season.
Though this will be a big test for him regarding the array of clubs his men will have to compete against in England to end the 2013/14 season with at least a trophy.
The last time the Chilean won a trophy as manager was in 2004 when he led Villareal to lift the Intertoto Cup. But putting into consideration his star-studded squad, the former Real Madrid handler is favourite to win a major trophy during his first season with the Citizens at an eye-catching odds of 4/5 (1.8) with Ladbrokes.
On the other hand, he has been tipped not to win a major trophy with the Manchester outfit considering the fact that he is on a nine-year trophy-less spell as a football manager.
The English Premier League is unpredictable when it comes to firing of coaches, and not minding his three years contract, he is a 66/1 (67.00) play to be the first manager to leave in the new season.
However, there are 40/1 (41.00) odds on offer for him to leave the club before Christmas day should he fail to re-ignite the spark that made him fans' favourite at Malaga where he led them to a fourth place finish in his first season in charge.
Mancini’s one small regret may be his inability to win any trophy in his last season in England and in addition, not completing the season he started in a fashionable style.
Should Pellegrini fall to right the wrongs of his predecessor, he might as well be shown the exit door before the end of the 2013/14 season which can be backed at 4/1 (5.00).
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