The former Real Madrid head coach spoke to the Reds about the possibility of succeeding Rafael Benitez before deciding to take over at La Liga outfit Malaga.
I have no regrets at the moment because I now have the chance to manage Manchester City
Pellegrini’s Manchester City side make the trip to Premier League leaders Liverpool on Sunday as the 60-year-old aims to cut the Reds’s lead to a point.
And the City manager is happy with his decision to move to Malaga before replacing Roberto Mancini at The Etihad last summer.
“After I finished with Real Madrid, I had a conversation with Liverpool,” Pellegrini is quoted as saying by the Manchester Evening News.
“It is the past, not in the future. I have no regrets at the moment because I now have the chance to manage Manchester City. I have no regrets about that.”
At his pre-match media conference on Friday, Pellegrini insisted City’s clash against Liverpool at Anfield won’t decide the title race.
“It’s a very big game, but I do not think it will choose the title,” said Pellegrini. “Every game is a big game now until the end of the season.
“Liverpool have had a great season, so this is an important game. It’s a very big game, it’s the team who are at the top of the table.
“Of course the team that wins this game has more of a chance to win the title. But if you think that this is the finish of the Premier League, I think it is a mistake.”
MORE: Man United latest news
MORE: Arsenal latest news
MORE: Chelsea latest news
MORE: Liverpool latest news