Pep Guardiola signs two-year contract extension at Manchester City lasting through 2020-21 season as he earns £5m pay rise to £20m-a-year salary
- Pep Guardiola has signed a new two-year extension to stay at Manchester City
- The Spaniard had just 12 months remaining on his current deal at the Etihad
- Guardiola’s new contract at City will run until the end of the 2020-21 season
- The City boss’s salary has been increased from £15m-a-year to closer to £20m
Pep Guardiola has signed a two-year contract extension at Manchester City after leading the club to the Premier League title.
The Spaniard, who still had 12 months left on his current deal, has committed his future to City until the end of the 2020-21 season – meaning he will have been in charge at the Etihad longer than his two previous clubs Barcelona or Bayern Munich.
The news is a massive boost to City at the end of a memorable season in which they have won the Premier League and shattered a number of records including those for most points, most wins and most goals. Guardiola’s side also lifted the Carabao Cup.
Pep Guardiola pens the new contract with Ferran Soriano (left) and Txiki Begiristain (right)
It’s understood that the club’s Abu Dhabi owners have rewarded the 47-year-old coach by increasing his salary from £15m-a-year to closer to £20m.
They are delighted that Guardiola has agreed to stay longer amid concerns that a man who had never worked at a club longer than four years, and needed a sabbatical after leaving Barcelona in 2012, might quit at the end of his initial three-year deal at the Etihad.
The issue would certainly have become a distraction next season as Guardiola entered the final 12 months of his contract, but it has been resolved before he leaves on holiday with his wife and three children.
Extending Guardiola’s contract will also help City to attract their transfer targets, with Napoli’s Jorginho and Riyad Mahrez, of Leicester, expected to be the latest players through the door this summer.
The Spaniard has agreed terms on a new two-year extension keeping him at City until 2021
Guardiola won the Premier League and Carabao Cup in 2017-18 – his second season at the club