The Catalan was recently linked with replacing Max Allegri at Juventus at the end of the season.
However, City loanee liaison Lescott thinks Guardiola wants to seal European success before departing the Etihad.
He told sportingbet: "I don't believe Pep Guardiola will move on until he has dominated Europe with Manchester City. You could say it's unfinished business as he bids to take their football to a global level. Pep has created so much success at Manchester City in such a short space of time and I believe there's more success to come.
"Everyone associated with the club wants Guardiola at Manchester City and there would be a lot of disappointed fans, staff and players if he left. I don't expect Guardiola to look to move anywhere until his contract is up in two years, at least."