MAN CITY CONFIRMS PEP GUARDIOLA AS NEW MANAGER

MANCHESTER CITY  has confirm Pep Guardiola is to takeover the footballing management of the club.
In a statement released on Monday, City said: "Manchester City can confirm that in recent weeks it has commenced and finalized contractual negotiations with Pep Guardiola to become MCFC Head Coach for the 16/17 EPL season onwards. The contract is for three years. These negotiations were a re-commencement of discussions that were curtailed in 2012.
"Out of respect for Manuel Pellegrini and the players, the club wishes to make its decision public to remove the unnecessary burden of speculation. Manuel Pellegrini, who is fully supportive of the decision to make the communication, is entirely focused on achieving his targets for the season ahead and retains the respect and commitment of all involved with the leadership of the club."
Pellegrini, a native of Chile, took over at the Etihad in 2013 and led the club to the Premier League and League Cup titles in 2013-14.
Pellegrini, who signed a one-year extension in last summer, made the shocking announcement at the end of his news conference ahead of Tuesday night's Premier League match against Sunderland.
"I have talked with the club and I will finish my contract on the original date," he said. "I signed a contract for one year more with the clause that the club or me not use that extension. So I will finish on the original date. It's to end the speculation.
"They are not doing anything behind my back but I don't think it's good to keep up the speculation. I'd prefer to end it today, that's why I told the press and the players, and I spoke with the club two weeks ago."