Manuel Pellegrini is an option for Chelsea

Manuel Pellegrini is under immense pressure at Manchester City after witnessing his team succumbed to a 2-1 defeat from the hands of Arsenal.

It is already being speculated that the City board is not happy with how things are going after spending a fortune in the transfer market this summer.

Now that Pep Guardiola has announced his intention to leave Bayern Munich at the end of the season, Man City owners are already working on to bring the Spaniard to Etihad stadium.

In short, whether or not the sky blues win the league, we may well see the Chilean pack his bags at the end of the season.

There comes Chelsea into the fray, the Londoners also want the ex-Barcelona boss at London. One of the other strong favorite Carlo Ancelotti is announced as the next Bayern Munich. And in this case they lose out on Pep, the Blues may turn to Manuel Pellegrini.

Atletico Madrid boss Diego Simeone is another strong favorite of Roman Abrahamovic. But the length of his current contract and the commitment to the Red and Whites may work unfavorable for the Chelsea. His recent revelations to the news agency El Pais on Monday also indicated that he is not keen to leave the Vicente Calderon.

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Pellegrini wants to resolve his future before the end of the season, as he may have a chance to listen to offers from elsewhere. And it is almost certain that there will be managerial changes for Manchester City, United and Chelsea and the ex-Malaga head-coach may well stay in Premier League.

The defeat on Monday night pushed 6 points beneath league leaders Leicester City and four points below second placed Arsenal.