Bonucci has spent the majority of his 13 years as a professional on Juve’s books, racking up 372 appearances in total while getting his hands on 14 major trophies.
The 32-year-old took the surprise decision to join Milan 2017 after spending the previous seven seasons at the Juventus Stadium, but returned a year later after admitting he missed his home in Turin.
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He has since slotted straight back into the heart of the Juve defence, and was rewarded for his performances with a bumper new contract extension last November.
The Bianconeri managed to tie Bonucci down to fresh terms set to run until 2024, with the centre-back now expected to see out the rest of his career with the reigning Serie A champions.
City are looking to bring in two extra central defenders when the transfer window reopens, as John Stones and Nicolas Otamendi continue to be linked with moves away from the club.
Daniele Rugani is the only defender set to leave Juve this year, and they are currently working on a new contract for club captain Giorgio Chiellini, who is due to become a free agent at the end of June.