The Italian was a cult hero among City fans during his three-year stay between 2010 and 2013, making 80 appearances and scoring 30 goals and, unforgettably, assisting Sergio Aguero for the dramatic title-clinching goal against QPR.
Balotelli recently joined his hometown club Brescia.
Pep Guardiola will manage the City team and Belgium boss Roberto Martinez will coach the Premier League All-stars on Wednesday 11 September.
Former favourites already announced are: Joe Hart, Joleon Lescott, Micah Richards, Pablo Zabaleta, Wayne Bridge, Gareth Barry, Nigel de Jong, Samir Nasri, Shaun Wright-Phillips, Stephen Ireland and Craig Bellamy, all of whom played alongside Kompany during his time in Manchester.
All proceeds will go to Tackle4MCR – the initiative Vinnie set up with the Mayor of Greater Manchester, Andy Burnham, to address rough sleeping and homelessness on the streets of our city.
There will also be special guests for Vincent’s testimonial, and most importantly the chance to give a fitting farewell to a man we will forever think of as our skipper, in what is set to be an unforgettable evening.