The Brazilian impressed in his debut season for City after joining from Shakhtar Donetsk in 2007, but has struggled a bit more this season.
“This is the end of my second season with City and if it were up to me I would be sat around a table discussing a contract extension right now,” Elano told the official Manchester City magazine.
“I would love to renew my contract at City and remain here for a long time.
“I love England and I enjoy living in Manchester. I am very happy here.”