Guardiola had a troubled debut campaign at Eastlands as the Spaniard failing to win a trophy for the first time in his storied managerial career.
The Portugal worldwide signed for the two-time Premier League champions from Monaco three months ago in a deal that cost a reported £43m.
"I'm so grateful - thanks so much to the club for picking him up", said Guardiola.
It isn't a coincidence that Spurs' best run in the Premier League has come when their defence has been led by some of the finest defenders in England - and it isn't a coincidence that Manchester City won the league titles in the seasons where Vincent Kompany was relatively free of major injuries.
That building work has involved spending big on five major signings.
There should not be any shoehorning of players into unfamiliar roles this season after Guardiola signed three top-level full-backs - Kyle Walker, Benjamin Mendy and Danilo - at a combined cost of around £124mn (B5.35bn).More news: Philippines prepares for N.Korea's Guam missile threat
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Even more so than his old foe Jose Mourinho across town at Manchester United, if Guardiola can not at the very least orchestrate a sustained title challenge, his gilded reputation will take a sizeable hit.
Another season without silverware will raise serious doubts as to whether he really is the man to carry City to the summit of European football for the first time. It was a good test for us.
"In the last three games we have scored ten goals against top teams and conceded just one". Morata played one minute in Real Madrid's 4-1 Champions League final win over Juventus.
United continue to be linked with wingers ahead of the end of the transfer window.
Finally Kevin Kilbane reckons: "If you look at it from a negative point of view then, defensively, City might be a little wide open at times but it is made up for by the fact that they are a brilliant attacking side that is going to go out and play exciting football".
"This division is far tougher and we'll certainly need all of the experienced heads around us".