Toure wants to spend the rest of his career at the club "to make incredible history".
Toure told the Sunday Mirror: "Winning the Champions League was why I came to City. God willing, it will happen because that is what this club was working towards when they signed players like Kun Aguero and David Silva.
"With important players like that, I am sure that, in the next few years, we will win all the important trophies.
"I have come to City to make history, to achieve big things. I don't like losing and that's why what happened last season really hurt me. When you are so close to an important achievement and you lose out because of mistakes, it is difficult to take.
"It took me a long time for that disappointment to stop moving around my head. We are all working hard to achieve great things for City and, while it is a big achievement for us to qualify from the group stages of the Champions League for the first time, that can't be enough."
For breaking stories and all the great banter like us on Facebook: facebook.com/tribalfootball