The defending Premier League champions currently sit 15th in the table, have lost five of their 10 top-flight games and were this week knocked out of the Capital One Cup by Stoke.
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Pep Guardiola has won two Bundesliga titles in charge of Bayern Munich
For Guardiola is deliberating over whether to take another year out of football.
During the 2012/13 season he spent much of his time in New York, away from the football limelight, and it is thought he may do the same again come next summer.
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