Manuel Pellegrini says he turned down big club offers to sign with Manchester City.
He snubbed approaches from major clubs, including Barcelona, to agree a deal worth around £3.5million a year with City.
The ex-Real Madrid coach said: "I had a lot of offers. But the most important thing was, after I spoke with chairman Khaldoon al Mubarak, sporting director Txiki Begiristain and Ferran, I was sure we could make a great management team - and reach the targets City want.
"The second thing is we have wonderful players who can reach for titles in the next three or four seasons here in Manchester."
Roberto Mancini's dismal European record was one of the reasons he was axed last month - and Pellegrini is under pressure to turn City from Champions League flops to genuine contenders.
"So that experience will be very useful to arrive in Manchester and win the Champions League."