Guardiola was due to be out of contract at the end of this season and it had been reported that the Spaniard could be in a position to leave City.
But the 49-year-old has now agreed to stay at the etihad stadium until at least 2023.
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The City is now expected to write down Lionel Messi when he becomes a loose agent next year.
They who locate him with Guardiola can lead them to the glory of the Champions League.
“Manchester City are pleased to announce that Pep Guardiola has signed a new two-year contract with the club,” he said on the City website.
Former Barcelona and Bayern Munich coach Guardiola is halfway to his fifth Premier League crusade and his new deal will make bigger what is already his longest period at any club.
It has won two Premier League names, 3 League Cups and the FA Cup with City, winning the club’s First Champions League name has been complicated so far.
In the midst of the turmoil at his former club, Barcelona, Guardiola found himself connected to a return to Camp Nou.
But he reportedly told the city hierarchy that he was in a position to settle for the new deal in the recent foreign breakup.
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“Since my arrival in Manchester City, I feel very welcome at the club and in the city itself, by the players, the staff, the love, the other people from Manchester and the president and owner,” Guardiola said.
“Since then we have completed a lot together, score goals, win and trophies, and we are all very proud of that achievement.
Having this kind of is the most productive a manager can have. I have everything I can wish for to do my homework well and I am revered for the trust that the owner, the president, Ferran (Soriano) and Txiki (Begiristain) have shown in me to continue for another two years after this season.
“The challenge for us is to continue and evolve and I am very pleased to help Manchester City do so. “
It is the idea that even the city’s president, Khaldoon Mubarak, and the other club agents expected Guardiola to make his decision at this stage.
But they will be grateful that Guardiola has given him the uncertainty and can now concentrate on his return to the race by the name of the Premier League.
The City, who travels to Tottenham on Saturday, has been languishing in 10th place lately, to six issues of leader Leicester with one match ongoing.
“It’s proof of the boy’s qualities that Pep Guardiola’s fans and intelligence are now woven into the very fabric of football we play and our culture as a club,” Mubarak said.
“This has had an effect at the heart of our good fortune during his tenure and that is why I am extremely happy that he shares our view that there is much more to be done on and off the field.
“The extension of Pep’s contract is the next herbal step in an adventure that has evolved over many years.
“It is the product of mutual acceptance and respect that exists between him and the total club. It also considers stability and creativity at the heart of our football operations.
“Above all, it is a validation of the design and philosophy of football that has been built over more than a decade and to which it has contributed so much. The city has won 181 of the 245 games with Guardiola and set Premier League records in direction to win. ” the name of the 2017-18 Premier League with one hundred points.
They were champions in 2019, but finished 18 issues in Liverpool last season.
Going beyond the quarter-finals of the Champions League for the first time since he took over from City in 2016 is also a top goal for Guardiola, who last won the European elite club festival with Barcelona in 2011.
Guardiola may be just a move for Barcelona striker Lionel Messi in January after the Argentine, who is out of contract at the end of his term, asked to leave frustration at the Spanish club’s disorder at the end of the season.
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