Manchester City should be able to breathe a huge sigh of relief after learning that Pep Guardiola has reached an agreement in principle to extend his contract, with the length of the new deal revealed and when an announcement can be expected.

With Guardiola’s current contract expiring at the end of the season, concerns have been raised over the manager’s future at the Etihad Stadium. Guardiola oversaw an era of Man City dominance, winning six Premier League titles. And while cynics would say he was backed by the best team in the league, his success should never be taken for granted and he would be remarkably difficult to follow.

Fortunately for Man City fans, it looks like they won’t have to worry for much longer about who will lead them next season, with Guardiola he now has strong support to remain in charge.

According to Football Insidera new contract for Guardiola is ‘99% done’ after he reached an agreement in principle to stay – but there’s a catch.

Indeed, the report claims that the new contract will only be valid for next season, meaning City could find themselves facing the same dilemmas this time next year.

However, by the time the proposed new contract expires, Guardiola will have just completed 10 seasons in City’s service, which is a rare achievement in the modern era.

After all, Guardiola is already City’s longest-serving manager since Les McDowell, between 1950 and 1963. He is also the longest serving manager in the Premier League.

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When will Guardiola’s future be confirmed?

Football Insider claims that Guardiola’s new contract will be officially announced “soon” by City, without specifying whether it is a matter of days or weeks.

This should come at a good time when the team has been uncharacteristically out of form, losing their last four matches in a row (against Tottenham, Bournemouth, Sporting and Brighton).

There is no indication that Guardiola is under pressure due to this crisis, but he has been linked with other jobs, notably in international football.

Instead, it looks like he has one more season to prepare with City beyond this one – and then only time will tell where he goes next.

For example, he was identified by the FA as a serious candidate for the England job, but it was Thomas Tuchel who was handed the reins.

Man City transfer summary

While Guardiola is still expected to be at the helm, City will be eager to ensure their squad is as strong as possible for what could be his final season in charge.

But, already struggling with Rodri due to his serious injury, reports have warned that the Ballon d’Or winner he may have already chosen his next club.

The prospect of permanently losing their key defensive midfielder would only intensify City’s plans to strengthen their position, with Martin Zubimendi of Real Sociedad And Pablo Barrios of Atletico Madrid among those linked.

Elsewhere it has also been claimed that Guardiola requested two Dutch signingsincluding one from another Premier League team.

Guardiola’s incredible honors