Manchester City CEO Ferran Soriano has made it clear that City are not expecting overnight miracles from new manager Pep Guardiola.

Soriano, who previously worked with Guardiola at Barcelona, claims that City have a long way to go before they count themselves amongst European elites, even with the golden touch of the Spanish tactician now making it's way to the Etihad Stadium.

He told Sky Sports: "The Premier League is the most competitive league in the world by far, so it's a challenge in itself.

"We think we have the platform here for everybody to succeed but it's going to be extremely difficult.

"Nobody is thinking we are going to win the competition or all the games - not at all. We know it's very challenging.

"We think we have the ingredients but we'll have to work very hard - harder than last year. We are very happy to have the facilities, but this is not even half of the way, this is only the hardware.

"We need the software. We need the talent, the way we play football, the intensity in the games, the hard work - this is the difficult part.

"Our objective is to get to the end of the season with chances to win everything. All competitions are important to us. We know that if we are in the final of the Champions League five years in a row, one year we will win it."