No decision has yet been made on the future of Frank Lampard, however, who is scheduled to return to New York in a few weeks’ time when his loan spell expires.
27-year-old goalkeeper Hart has reportedly been in talks over a lucrative new five-year deal at the Etihad Stadium for several months, but the City boss confirmed on Friday that the deal is about to happen.
“I think it is close. Joe wants to stay here and we want him to be our goalkeeper,” said the manager, who called his man between the sticks “the best goalkeeper in England”.
Milner, meanwhile, had been out of favour at the Etihad for several years but has broken back into the first XI this season with some excellent performances.
“I hope Milner will sign also. I think he will continue here because he also wants to stay,” Pellegrini added.
Given those statements, and both players being on the record saying they wish to stay at the club, there now seems no doubt that both will stay put – with news of Milner’s impending deal to come as a blow to Liverpool and Arsenal, both of whom had been reportedly keen on the formerAston Villa man.
Hart had said on Thursday that his contract is all but signed.
Hart, who has won two Premier League titles with City, says he has no intention of leaving a club where he is very happy.
He said: “How could I not be? I love this place and I love everything about Manchester City.
Hart joined City from Shrewsbury for £600,000 in 2006. He emerged as a senior player during a successful loan at Birmingham in 2009-10 and he returned to City to supplant Shay Given as first choice the following season.
Such was the impression he made that he soon also established himself as England’s number one.
He went through a sticky spell last season when a series of errors led to him being dropped by Pellegrini.
He responded well to that setback and reasserted himself in the second half of the campaign and City’s summer signing of a new deputy in Willy Caballero has seen him step up again.
News of his potential new deal comes after another outstanding display as City snatched a place in the Champions League last 16 with a famous 2-0 away win at Roma on Wednesday.
He said: “I feel good at the moment and the team is working well. I feel like I am doing my bit and the boys are doing it at the other end.”