Guardiola was said to be planning stepping down should they win the Champions League next season.
But he shut down the rumours in an interview with Mundo Deportivo.
He said: "I do not take sabbatical years, the news comes out, is copied and does not occur.
"I have a two-year contract and, if I am not sent away, I will stay."
Guardiola famously took a year out in 2012 after standing down at Barcelona having won 13 major trophies in four years.