Manchester City boss Pep Guardiola is happy to embrace their Champions League favourites tag.

Guardiola insists there's no reason to play down the impact his team is now making in Europe.

"That people now put us among the favorites in the Champions League feels like an honor," said the City manager.

"Especially because this club does not have the history to stand in the row of Bayern Munich, Barcelona, Juventus and Real Madrid. But we also know: we have not won anything yet."

Guardiola, meanwhile, insists they won't be underestimating Feyenoord tonight.

"I have often seen Feyenoord. They play better than the results suggest. We are already qualified. We now want to play the second leg at home in the next round. So we want to win."