Manchester City are reportedly hopeful of tempting Pep Guardiola into signing a new contract.

Over the past five months, Guardiola's future has been left uncertain as a result of City's proposed ban from European competitions.

However, with City winning an appeal against their punishment, it appears that club officials want to mark the change in outcome by extending the Spaniard's stay at the Etihad Stadium.

According to The Mirror, Guardiola will be offered the opportunity to pen fresh terms with a significant pay rise.

There has also been the suggestion that City are planning to make a number of high-profile signings after conceding the Premier League title to Liverpool this season.

Guardiola's existing deal is due to expire at the end of next season.