City reached their first Champions League semi-final by beating PSG 3-2 on aggregate on Tuesday evening and could face the German champions in the last four after Bayern drew with Benfica on Wednesday night but went through base on a 3 – 2 aggregate win.
There are UEFA conflict of interest rules about cross ownership of clubs, but nothing about a manager who has already agreed to join the opposition. However, should City finish fifth in the Premier League and then meet Bayern in the final, Guardiola faces the prospect of potentially denying himself Champions League football next season.
The draw for the semi-finals is on Friday, with City and Real Madrid been joined in the last four by Bayern and Atletico Madrid.
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