Such is his change in status and importance that he was one of the few players rested by Guardiola for the FA Cup match at Huddersfield on Saturday ahead of City's match against Monaco in the last 16 of the Champions League on Tuesday.
"The worry for Guardiola is, as Monaco have shown this season, that it doesn't matter how much individual players cost if they don't make the team better".
Sat in 2nd place, Manchester City are still in with a shot at the title this season.
While that long-term deal ties him to the Stade Louis II for the foreseeable future, it appears he is leaving the door open to the possibility of hopping across the channel further down the line.
"I'd like to convince the players to enjoy the moment because it is attractive".
City were enjoying some success in the final third but they were not creating any opportunities on goal and when they lost possession, the visitors were surging forward in numbers.
"They are physically strong, the full-backs play like wingers, the wingers play like attacking midfielders".
"All of Europe will watch us, to analyse us, to kill us if we don't win or say how good we are if we do", added the Spaniard.
The Citizens responded nearly immediately and Sterling sent Aguero through and this time it was Monaco's keeper whose error allowed the shot to squirm under him for the equaliser. However, with eight points between them and Chelsea, City fans will be ruing the clubs inconsistent form. "We will see after the session tomorrow". "You can not compare us because we did not have the history in the Champions League".
Ilkay Gundogan and Gabriel Jesus are both long-term absentees for City. A lot of big clubs are not here.
According to the head of Monaco's training centre Bertrand Reuzeau, "of a dozen players recruited aged 15 years in the centre, half will become professional - one or two will integrate the professional group and three or four will finish elsewhere".
Other supposed Premier League targets also impressed. Even in Barcelona and Bayern Munich I thought I am lucky to be here.
Guardiola went on to describe how Monaco's Leicester City-esque 4-4-2 formation suited Falcao to a tee, because "they attack inside and cross a lot - it's flawless for him".
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