The 53-year-old's decision to commit for two more seasons - he had been expected to sign up for just one - after the current campaign is a major boost for the champions, particularly as it comes during a run of four consecutive defeats, the poorest sequence of form under his management.
"So honestly I think myself, my staff and friends, I think we deserve to be here. I am sorry to say," Guardiola said in an announcement video. "I am not arrogant to say, but it's the truth. I think we deserve after four defeats in a row to bounce back and try to turn the situation. In that moment, in the period, I had the feeling you have to take the right decisions for the future and I want to take it.
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