As the Premier League holders crashed out of the Champions League on Wednesday with a humbling 6-3 aggregate defeat to Real Madrid in the knockouts.

Kylian Mbappe’s hat-trick put the holders in the last 16 and left Guardiola’s team licking more wounds in a terrible season by their standards when they are also 17 points off the top of the Premier League in fourth place.

“We have been extraordinarily extraordinary in the past, but not any more,” Guardiola told a press conference on Wednesday.

“We will have time to think about (rebuilding). It’s easy to jump to conclusions like that now,” he added after the 3-1 defeat in Madrid added to a 3-2 home loss in the first leg.

“The defeat at home was hard to swallow and this one is even harder. But Real Madrid are very good and we know it. In time, we will all accept things as they are.

“But now we still have 14 games to go until the end of the season and we’ll face it as we should. Let’s think about the Premier League and the FA Cup. We will try to be in this competition again next season.”

HAALAND MISSED

Guardiola said his side missed striker Erling Haaland, who suffered a knee injury at the weekend.