Pep Guardiola insists Bayern Munich's defeat in last season's Champions League against Barcelona was actually a highlight for him.

"One of the best moments of my career as Bayern coach was the semi-final defeat against Barcelona," Guardiola said at a news conference.

"The fans were all applauding us. They are not stupid. They all saw the players gave everything for the jersey.

"Successful San Antonio Spurs coach Gregg Popovich once said success needs time. What we are doing here is a process."