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City offers Pep a new contract and 20 million pounds a year

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Manchester City`s management plans to extend the three-year contract with Josep Guardiola, media in England said. The 46-year-old Catalunian has begun the season with 17 wins and one draw in 18 Premier League matches, which has convinced CEO Ferran Soriano to offer a new contract to the manager with improved conditions. The news was also broadcasted by TV `Skyports, according to which information City`s big lead against rivals will allow the leadership to start talks with Guardiola earlier and perhaps part of the players. The Catalan himself has a contract until 2020, but is expected to be extended until 2023. The English media suggests that under the new agreement, Guardiola will receive ? 20 million a year.

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