The Catalan boss has put pen to paper on a new two-year deal, which keeps him at the Etihad until the summer of 2023.
Guardiola has already completed four full seasons at City manager, winning eight trophies and revolutionising our style of play.
And, speaking to CityTV, he spoke of his gratitude for the support he has received during his time at City – and revealed it was his positive talks with Chairman Khaldoon Al Mubarak that convinced him to sign a new deal.
“As a manager, I have everything that I need,” he said. “Of course, all managers depend on results, obviously me as well and we have to win to continue.
“I saw many times in the bad moments how the people here support me.
"Of course, Ferran [Soriano] and Txiki [Begiristain], but especially Khaldoon, our chairman, was the main reason I decided to continue.
"We have had long talks this week together, we put both sides to continue or not and in the end we decided that the best for all of us is to continue because still we have the feeling that there is unfinished business and still there is something to do - continue what we have done in the last years.
"This club won in the recent past, but together we won a lot and we won a lot and we won again.
"The target at this club like in the past is to continue to try to maintain the structure of the club as long and as much as possible.
"I have the desire to help with all the fantastic players we have for the next years, especially for the fans and we will feel proud of the way we play and the way we win.
“I would say that at this time, the reason I signed the contract is for our chairman. Especially for the conversations that we had. He convinced me that still we have to move forward, to try to do it, to continue what we have done in these incredible last four years together.
"Trying to do it knowing how tough it will be in the Premier League and in Europe and the desire to, if it’s possible, make a step forward, and this club to maintain the level we have achieved these last seasons.”
Guardiola also heaped praise on his backroom staff, who he says offer him vital day-to-day support.
He is assisted by a team of coaches, physios, doctors, sports scientists and technical staff who he describes as friends, as well as top-class professionals.
He says without the positive spirit and unwavering support he receives from across the first-team setup at the CFA, he would not have remained at City.
“Everyday, I talk to my backroom staff,” he said. “So for me, it’s more important my relationship I have with Juanma [Lillo], Rodolfo [Borrell], Carles [Planchart], with all the physios, all the doctors we have, Max [Sala], who did an incredible job in this difficult period with lockdown.
"It’s not just Txiki and Ferran, that is important, but it’s also important the people I work with every single day.
"The chefs, the sports analysts, Marc Boixasa is an incredibly important person for us in this organisation. I would say a lot of them.
"This is the reason I decide to continue. I work every day with them, I want to be comfortable with them.
"If I wasn’t comfortable with them, I wouldn’t have extended my contract.”
And the boss had this message for the fans:
"I don’t want to leave without saying hello and maybe bye in the in the stadium. All the clubs we need fans, but of course especially I am talking about ours.
"They must know we think a lot about them when we play, especially at home. How empty and sad it is. But hopefully it will finish soon and finally we can be together.
"I want them to be proud. I know we did it in the past, the way we played in the last few years. But we are looking forward to it again in the stadium.
"I never forget when I learned about when these fans were in Maine Road, in the second division, not fighting where we are now, and 35,000 follow the team.
"When that happens, that shows how special a club is. It’s not just about winning titles.
"Of course it’s important but sometimes it’s more important to not forget what we were.
"What we are right now is really, really good and the target again is fighting all together. We want to maintain this level in UK, Europe as best as possible."