Sky Sports sources understand, and has stayed in London with his squad to prepare for Tuesday's Premier League game at Reading.
Mancini: "You (media) continue to speak about this for six months and there has been too much in the last two weeks.
"I don't know why the club hasn't stopped this because it is not correct and I don't think it is true.
"It is rubbish this speculation. I will still be here next season. It is rubbish, but I know football and know that everything can happen.
"But if it is true, we will know in the next two weeks. If it isn't, this is stupid (speculation).
"If it is true, then I am stupid for not believing this. Maybe next Sunday, when the season is finished, we will know then."