But the Catalan’s hopes of ending his 10-year wait for his third Champions League title as a head coach were dashed when Chelsea edged out their Premier League rivals 1-0 in the final back in May.
That defeat may have suggested to Guardiola that he needs to refresh his squad with some new signings, having seen the likes of Ruben Dias and Rodri make an impact in recent seasons.
Players that have become synonymous with the club have already gone, such as Pablo Zabaleta, Joe Hart and Vincent Kompany, under his watch.
Now, the stalwarts that have contributed to Guardiola’s three Premier League titles in five years could be given the boot as well, with several big names out of contract and others at risk of being sold to fund transfers elsewhere.
Guardiola has his sights set on at least two big signings this summer, with Erling Haaland and Jack Grealish heavily linked.
Mirror Sport looks at how Guardiola’s core at Man City could disappear within the space of a year…
Should Manchester City sell Bernardo Silva if it means signing Jack Grealish? Have your say in the comments section.
Despite that, the playmaker has handled the situation superbly and there have been no visible signs of his desperation to leave City.
The 26-year-old, who arrived from Monaco for £43m in 2017, has seen his regular spot in the side snatched away from him due to the form of Riyad Mahrez and Ilkay Gundogan.
Silva still made 26 appearances in the Premier League, scoring twice and laying on six assists for his team-mates but there has certainly been a shift in his responsibility at the club.
But he would be the most liquid asset to cash in on if City follow up their interest in Grealish and that could see the Portugal star leave once he returns from Euro 2020.
By his lofty standards, Sterling has had a poor season which led many to question whether he should be starting for England at the European Championships.
Having scored 23, 25 and 31 goals in all competitions in his last three seasons, Sterling’s haul of 14 in 2020-21 has been way below the standard we have come to expect from the 26-year-old.
There would be no shortage of takers if City opted to sell the winger, who they paid a then-British record £50m fee to sign from Liverpool in 2016.
Sterling has only two years left to run on his current deal and The Telegraph report talks will soon begin over a new contract.
But if he fails to deliver on a consistent basis again, he may fall victim to Guardiola’s ruthless squad overhaul.
There has been some consternation about the departure of City’s greatest-ever striker after spending a decade with the club.
Aguero has already left to join Barcelona on a free transfer after it was decided City would not be offering him a new deal.
The 33-year-old had endured a disrupted campaign at the Etihad Stadium, struggling with muscle injuries and contracting the coronavirus in December, meaning he only featured in 14 games for the club.
Aguero’s father, Leonel del Castillo, hit out at Guardiola for “faking” his tears after the City boss had given an emotional interview bidding farewell to the striker on the final day of the season.
Whether it was genuine or not is no longer the issue. Now that he has departed, Guardiola must find a way to replace his goals.
The man who has been waiting patiently for a chance to emulate Aguero may be left frustrated by Guardiola’s preference for a false nine.
Jesus has only managed 22 Premier League starts in a season where Aguero has been sidelined and while he managed a respectable return of nine goals and four assists, it does not feel like the Brazilian is the favourite to take up that central striking role.
Kevin De Bruyne has excelled there, Bernardo Silva has been deployed in the position and even Sterling has occupied the role on occasion.
Guardiola may dismiss any idea that he does not trust Jesus to lead the line but every time he is left on the bench, the questions over his future will continue.
At 36 years of age, Fernandinho will be under no illusions about the difficulty of convincing clubs he is worthy of a new contract.
But the Brazilian has produced some excellent displays in the centre of the park and the club captain provides leadership and guidance to City’s emerging crop of youngsters.
His name was included on the club’s ‘released’ list, which details the players whose contracts have not been renewed. However, BBC Sport report the two parties are engaged in discussions over extending his stint for a ninth season.
With 350 appearances under his belt since arriving from Shakhtar and a capable successor in Rodri, Guardiola may believe it is time for the holding midfielder to move on,.
The departure of Sane to Bayern Munich was a bitter pill for Guardiola to swallow, having publicly declared his intention to keep the winger.
The Germany international returned to his homeland in a £35m deal after four years in the Premier League, having run down his contract to its final year.
It would have been painful to see a player so integral to Guardiola’s blueprint leave for pastures new, particularly when the club stood by his side through a serious knee injury.
If there is one thing that City miss, it is Sane’s direct dribbling and runs in behind. His goal return was commendable too, managing double figures in goals and assists in his last two full seasons at the club.
Ferran Torres has proved he can be one for the future, but the void left by the 25-year-old is yet to be truly filled.
A magical player who oozes quality wherever he goes and, as Guardiola described it, was “irreplaceable”.
Silva opted to return to Spain with Real Sociedad upon the expiry of his contract last summer and the exit of such a popular figure — both in the dressing room and with the fans — hit City hard.
His influence in the attacking midfielder was such that he made those around him, including De Bruyne, Silva and Mahrez — improve as well.
Signing a player of Grealish’s calibre would perhaps bring back a level of creative ingenuity to the Etihad that has been absent since Silva headed out of the door.