Pep Guardiola has extended his contract as manager of Premier League champions Manchester City for a further two seasons, saying Thursday "I could not leave now" with the club facing arguably the toughest period of his time at the Etihad Stadium. There had been speculation the 53-year-old's City career could be coming to an end, with the club facing an uncertain future due to an ongoing hearing over 115 breaches of the Premier League's financial regulations -- charges they deny completely. City are also currently on a four-game losing streak in all competitions -- the worst of Guardiola's managerial career, excluding penalty shoot-outs -- although they are second in the Premier League, five points behind leaders Liverpool.

But reports emerged on Tuesday that Guardiola, who took over at City in 2016 and has since won a total of 18 trophies across all competitions, including six Premier League titles, would stay. That was despite City's director of football Txiki Begiristain, a close ally of Guardiola, having already confirmed his exit at the end of the campaign. But with City, on an English record-breaking run of four successive top-flight titles, Guardiola -- who led City to a Premier League, FA Cup and Champions League treble in 2023 -- said he had changed his mind about this being his last season at the Etihad.

"I felt I could not leave now, simple as that," the Catalan boss told the club's media channels. "Don't ask me the reason why. Maybe the four defeats were the reason.