Chilean manager Manuel Pellegrini has signed a contract extension with Manchester City till 2017.
Pellegrini joined in 2013 and has led them to premier league victory and league cup victory, but hasn’t been favored in the champions league side.
It was reported that Guardiola could replace him at City after leaving Bayern, but this extension has quelled such rumours.
“I am proud to manage Manchester City and am therefore very pleased to have agreed this contract,” Pellegrini told the club’s official website after committing his future to the club.
“I have a very good quality group of players and a great team of people to work with on and off the field and at all levels of the club.
“I am focussed on the coming season and confident that my team and I will respond to the constant support shown to us by everyone including of course our fantastic fans.”
The club’s chief executive, Ferran Soriano, was full of praise for the ex-Real Madrid boss.
“We are delighted to reach this agreement with Manuel Pellegrini who has already contributed so much to the development of Manchester City in his first two years with us and we look forward to further progress in the seasons ahead,” he added.
“This agreement allows Manuel to focus on the challenge of guiding a team capable of both fighting for domestic titles and competing for European honours.”