Elano says Europe is a must for Manchester City this season.
The 26-year-old said: "It will be difficult for us to break into the top four this season, but we will be aiming for a UEFA Cup spot.
"But a Champions League place is not beyond us."
Elano is back in training and should be fit for this weekend's derby with Bolton. He says he has been touched by the way City supporters have taken him to their hearts.
"City's players and supporters have shown me so much warmth and made me feel so welcome and I want to repay their kindness in the coming months and years," he said.