Frank Lampard's Manchester City future decided 'in the next few days'

Frank Lampard's future at Manchester City could be decided in the next few days, according to manager Manuel Pellegrini, who is in talks to extend the midfielder's loan from sister club New York City.

Lampard joined Manchester City on loan from the MLS side, where he signed a two-year deal in July after being released by Chelsea.

The 36-year-old was loaned out to Manchester City in August because the MLS season does not begin until March, and talk has been rife as to whether the midfielder would stay on with Manchester City through the 2015 portion of the season to assist with their Premier League title ambitions.

"I hope that the Frank situation will be resolved in the next few days," Pellegrini said.

"I said at the beginning [of Lampard's loan] that it would be during December when we would have the last decision, but I repeat once again that I think Frank is very important for our team so I hope he will stay here."

Pellegrini does not think extending Lampard's stay woud upset sister club New York.

"I don't think so. That's why I have a long conversation with all of them," he said.

"I think what's better for the club is better for all the clubs."

Meanwhile, Manchester City are preparing for a clash with West Brom on Boxing Day.

Manchester City are still coping with a lengthy injury list, with Pellegrini confirming that Sergio Aguero and Edin Dzeko are still out injured and will not return until late January, but Stevan Jovetic and Vincent Kompany are pushing to return for Saturday's match.