Pep Guardiola is set to extend his stay in charge of Manchester City by signing a one-year extension to his contract, the Athletic reported on Tuesday.
Guardiola has won six Premier League titles and the club’s first-ever Champions League since arriving at the Etihad in 2016.
The former Barcelona and Bayern Munich coach’s current contract expired at the end of the season.
There had been speculation that Guardiola’s time could be coming to an end with City facing an uncertain future due to an ongoing hearing over 115 breaches of the Premier League’s financial regulations.
The club’s director of football, Txiki Begiristain, a close ally of Guardiola, has confirmed his departure at the end of the season.
The Athletic reported that the 53-year-old will pen a one-year extension to his deal with the option for another year.
Guardiola also signed his two previous contract extensions at City during the November international break.
The English champions return to action on Saturday, looking to snap an unprecedented losing streak for their manager.
Guardiola has lost four consecutive games for the first time in his coaching career.
Hit by the loss of Ballon d’Or winner Rodri to a season-ending knee injury, City have fallen five points behind Liverpool at the top of the Premier League after defeats to Bournemouth and Brighton.
They also lost 4-1 to Sporting Lisbon in their last Champions League outing and were eliminated from the League Cup by Tottenham.
