Pep Guardiola has agreed to a new one-year contract to extend his stay at Manchester City, a source has confirmed to ESPN's Moises Llorens.
Guardiola's current deal runs until the end of the season and the 53-year-old has remained tight-lipped over his plans.
But after positive conversations between Guardiola and club bosses, the former Barcelona manager is set to take charge at the Etihad Stadium for a 10th season.
Guardiola is already the most successful manager in the club's history, having won 15 major trophies -- including six Premier League titles -- since arriving from Bayern Munich in 2016.
Sources with knowledge of the situation have previously told ESPN that Guardiola was expected to make up his mind about whether to sign an extension between the November international break and the start of the new year.
His past two extensions -- in 2020 and 2022 -- were signed in November to avoid speculation surrounding his future spilling over into the second half of the campaign.
City have lost their past four games in all competitions, but still sit second in the Premier League table, five points behind leaders Liverpool.
They're also set to take part in the expanded FIFA Club World Cup, which kicks off in the United States in June.
Guardiola extending his stay will be a boost to City, who will lose director of football Txiki Begiristain at the end of the season. Begiristain, a close friend and ally of Guardiola, will be replaced by Hugo Viana, who is joining from Sporting CP.
