Mancini's position at Eastlands will come under increased scrutiny if City fail to secure UEFA Champions League qualification for next season and speculation has suggested he could return to Serie A.
Juventus have been linked with a move for a new boss after a disappointing season, although Luigi Del Neri remains under contract for another year.
Reports that Mancini could be their No.1 target started to surface after it emerged they had held discussions with his representative, but Juve general manager Giuseppe Marotta claims that is not the case.
"I met Giorgio De Giorgis (Mancini's agent), but we just chatted about football in general," he told Sky Sport Italia.
"Even about Roberto Mancini? No, Mancini has a contract with City and we talked with De Giorgis about players."
Marotta also played down rumours connecting Napoli chief Walter Mazzarri with the Juve job, saying Del Neri remains the man at the helm.
"With Del Neri we have a two-year relationship, but it's evident that we will evaluate many things at the end of the season," said Marotta.
"Del Neri has done a difficult job in the best way.
"Mazzarri has a contract with Napoli and the club president (Aurelio) De Laurentiis has told the coach he will stay there for two more years.
"It is wrong to link Juventus to coaches that are bound with contracts to other clubs."