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Pep Guardiola has landed a whopping £20million-a-year new deal at Manchester City.

The Catalan will become the best-paid manager in the world after agreeing a one-year extension when he took his squad to meet owner Sheikh Mansour and chairman Khaldoon Al Mubarek in Abu Dhabi last month.

Guardiola, who has just over 12 months left on the deal he signed in the summer of 2016, will now be staying with City until at least 2020.

The 47-year-old and his family are settled in Manchester and he wants to build on winning the title in record time with a squad that is still some years from reaching its peak.

(Image: Action Images via Reuters) (Image: Getty Images Europe) (Image: REUTERS)

City missed out on the chance to secure the Premier League title when they squandered a two-goal lead against local rivals Manchester United on Sunday.

The Blues have already lifted the Carabao Cup. And on Tuesday night they face the daunting task of reaching the semi-finals of the Champions League after being hammered 3-0 by Liverpool at Anfield in the first leg.

(Image: Reuters)

(Image: Getty Images Europe)

Guardiola met with City’s owners when he took his players to the Middle East for four days of warm weather training last month.

The terms of the deal had already been agreed in Manchester, but Guardiola confirmed to the men who matter that he will be extending his contract.

All that remains now is for him to put pen to paper.