Manchester City are readying a contract extension for manager Pep Guardiola.

The Spaniard is likely to stay at the club as they are back in the Champions League for next season and beyond.

The Citizens won their appeal against UEFA through CAS, which removed their two year ban from European competitions.

The Daily Starsays Guardiola is likely to see a new offer as he is in the final 12 months of his deal.

Manchester City chairman Khaldoon Al-Mubarak wants to keep Guardiolas as he believes the Spaniard is the best man to continue the club's project of winning more leagues and the Champions League.

City are likely to go on a spending spree in the summer as they look to strengthen in several positions, especially central defense.

Kalidou Koulibaly is reportedly a key target for the club.