The Italy Under-21 star has long been linked with a move away from the Nerazzurri, but his agent, Mino Raiola, insists the 19-year-old will stay at the club.
“Was there a real offer from City? Yes, there was but it is not for me to say,” he told GR Parlamento radio.
“Mario Balotelli’s situation is calm. He is an Inter player.
“There are no negotiations, hence, he will remain at Inter.”