But during a press conference on Friday ahead of their season's opener, Guardiola said: "Last season we were favourites too and we finished 15 points behind".
Average turnovers of Premier League clubs were £100m more than Championship outfits in 2016 and that was before a new bumper TV rights package kicked in...
And I think Liverpool will be the ones for top-four too, I don't think Coutinho talk will impact on them and I like the work they settled last season.
"I don't there's extra pressure on me".
"But we try to win the game".
"The big fail now takes one week in football".
"People say in the first news conference we are favourites". We have to deal with that and handle that.More news: Arsène Wenger praises match-winner Olivier Giroud for staying at Arsenal
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Four of those new players cost more than £40m but that pales into insignificance compared to the €222m (£197m) Paris Saint-Germain paid Barcelona for Neymar. "We are going to see at the end of the season what happens, knowing how hard it is".
"The next year I had some offers from overseas and took the step towards Manchester City and had another great year". Sooner or later it's going to finish. But not what happened this summer.
Judging by the latest worrying figures from Championship clubs, with well over half the clubs overspending on players, that claim of encouraging "good governance" is miles wide of the mark.
With the start of the new English Premier League season this weekend, every one of the 20 teams including the newly promoted sides (Newcastle, Brighton and Huddersfield) would have set a target for the upcoming season. We were not able with those players to find a solution.
Arsene Wenger brokered a fragile truce with Arsenal's dissenting fans by winning the FA Cup last season, but the Gunners boss has no margin for error after going 13 years without Premier League glory.
"That group of players is going to stay for a long time at Manchester City", he said.