City chief executive Ferran Soriano underlined the ambitious plans of the team's Abu Dhabi-based owners just before Pellegrini was hired in May 2013.

Former Real Madrid boss Pellegrini showed no signs of being intimidated by that demand for success as City won the Premier League title and the League Cup in the Chilean's first season in English football.

Asked ahead of Sunday's Community Shield clash with Arsenal if he had ever been worried about living up to City's lofty goals, Pellegrini said: "I don't have a target to win five titles.

"Every time I play a competition, I want to win it.

"But that thing that we have to win five titles in five years - for me it is not important."

While Pellegrini is confident he has done enough in his first season to remain in charge for the forseeable future, he was keen to emphasise his side will be doing their utmost to claim silverware at every opportunity.

"For this year, our target is exactly the same as last year," he added.

"We will play in the four competitions we must play in and we will try to continue in all competitions as far as we can. Exactly the same as last year.

"We continue trying to win the Premier League, the FA Cup, the League Cup and the Champions League, and we will see during the season what we can do."