The Chilean has been appointed to succeed Roberto Mancini at the Etihad Stadium finally on Friday.
“Everyone knows that when you arrive at a club like Manchester City you must win titles,” said Pellegrini.
“Manchester City have invested a lot of money to improve the squad every year and to try and win titles every year. They were not successful in some titles [last season] but I’m sure next year we can win maybe the Premier League and Champions League. We will try to win it all.”
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.