Despite City's national dominance in recent years - they have become the first club in English football history to complete a Premier League, FA Cup and League Cup “triple” - they have so far failed managed to break Europe despite the huge funds available to their owners. invested in their team.
As coach, Guardiola himself won a pair of Champions Leagues with Barcelona's first club in 2009 and 2011, but after failing to add to that total with Bayern Munich and now City, the 49-player years old concedes he fears for his job.
City won two consecutive Premier League titles under Guardiola, racking up the two highest total points in the history of the English elite of 100 (2017/18) and 98 (2018/19), but let the standards slip badly this term to the Etihad.
Six losses have already dragged them 22 points in Liverpool's wake - the biggest advantage a league leader has ever experienced in competition - with Jurgen Klopp's unbeaten streak winning 24 of 25 games to date.
This bad form has intensified scrutiny of City's attempts to win the Champions League for the first time.
However, Guardiola finds himself drawn to former opponents of Real Madrid - the most successful club in the competition with 13 wins - in the last 16.
Curiously, given their lack of European pedigree and their difficult draw, City still finds itself as a bookmakers favorite to lift the trophy at the Atatürk stadium in Istanbul on Saturday May 30, but Guardiola suggests that he could find himself out of work. 'He can't get past Zinedine Zidane - the coach who has tripled in the Champions League between 2016 and 2018.
In an interview with Football Daily quoted by the Daily Mirror, Guardiola said, "I accept it. I want to win the Champions League, I dream and I will enjoy the games against Real Madrid, to see what I can do.
“And this process, the previous two weeks, will be the happiest moments in my profession, to imagine what we can do to beat them.
"If we don't beat them, then the president will come, or the sporting director, and say," It's not good enough, we want the Champions League, I'm going to fire you. ' "