Guardiola signed an initial three-year contract with City in February 2016 to take over from Manuel Pellegrini for the start of the 2016-17 season.
Though he finished that campaign without a trophy for the first time in his career – and also went trophyless last season – his City side have otherwise largely dominated English football during his reign.
City are the only team to reach 100 points in a Premier League season – doing so in 2017-18, when they also set the record for the most goals scored in a campaign, with 106.
In 2022-23, City became only the second English team in history, after Manchester United in 1998-99, to complete the Treble – winning the Premier League, FA Cup and Champions League in the same season.
Guardiola’s City later became the first team to win the English league title four seasons in a row with their triumph in the 2023-24 campaign.
The former Spain international signed a two-year contract extension in November 2024, until the end of the 2026-27 season.
City said Guardiola has had “a transformative effect” during his tenure and, despite his exit as manager, would “continue his relationship with the City Football Group, by taking up a role as a global ambassador”.