After his side's triumph over Manchester United in the Champions League final on Saturday, rumors swirled that Barcelona coach Pep Guardiola would resign his post at the club, having won everything he can within three years in charge. Pep, however, quashed reports and revealed he would remain with the Catalans for one more season.

It would have been a good time to resign though, as he had just led his team a second Champions League title in three years after a 3-1 win over Manchester United at Wembley. Goals from Pedro, Lionel Messi and David Villa had secured the trophy for Barcelona while Rooney scored the only goal for a meek United.

Guardiola's admission will also cool reports which had linked him to the vacant managerial position at Chelsea after the London club had sacked Carlo Ancelotti. However, Pep dedicated much of his achievement to the quality of his players, saying it would be difficult to get players of such quality at another club.

Guardiola said, I've the intention to continue one more year and after we will see. You have girls falling at your feet when you win but that can change overnight. My future will be very tough as I'll be at another club with other players, thinking 'where are these kinds of players?' A coach depends on the players.

I feel privileged to have these players. Everyone has worked towards this. We are very happy. But I have to look inside of me. I am happy to be here as coach of these guys. But it is not an easy job.

There had been suggestions that Guardiola could try and emulate Sir Alex Ferguson, who has been in charge of Manchester United for 25 years. However, he dispelled the suggestion.

In England it can be 25 years, in Spain it is impossible, said Guardiola. They are different ways. For him to be manager for 25 years and create new teams and new teams he has my admiration. I know it is difficult.