The 32-year old defenders current deal expires next summer and he is looking to do everything can to ensure he has a future at the Etihad Stadium but is aware that it may not fall his way.
"I want to stay and be part of the future," said Lescott. "But I understand there's the business side of it and if it's not to be, I will walk away from the club with my head held high and no regrets.
"Nothing would please me more than to sign an extension. If that negotiation ever happens, I will be there with my pen ready to sign."