The Catalan coach is only into his third season at the Etihad Stadium, but he has already delivered a record-breaking Premier League title triumph and a Carabao Cup success.
More major silverware is being chased down this term, with City expected to mount a fierce defence of their top-flight crown while also challenging for domestic cup and Champions League glory.
Should Guardiola be able to keep the trophies rolling in, then the former Barcelona and Bayern Munich boss is being backed to generate an era of dominance such as the one enjoyed by arch-rivals United during a 27-year spell under an iconic manager.
Former City defender Lescott told bwin: “I think Pep Guardiola has started building a legacy at Manchester City that could one day be compared with what Sir Alex Ferguson achieved at Manchester United. Guardiola has already stamped his legacy on the Premier League with the records he has broken and the style of play he has brought to England. However, his overall legacy will depend on longevity rather than the number of trophies he has won.
“There was a lot of pressure on Guardiola when he arrived and he failed to live up to that expectation in his first season, but he quickly recognised where improvements needed to be made and Manchester City totally dominated last year like no Manchester United team ever has before. I think Guardiola is creating a club in Manchester City that will be favourites for the Premier League for the next 10 years.”
Guardiola has spent big piecing together a formidable City squad, but he has also missed out on a number of top transfer targets.
He saw Alexis Sanchez head for Old Trafford rather than the Etihad in January, with Lescott saying of that deal: “Alexis Sanchez has been struggling for form, but I don’t think he will regret moving to Manchester United over Manchester City. Manchester United and [Jose] Mourinho showed beyond doubt how much they wanted Sanchez at the club, so the form is down to him and he has no excuses.”
Lescott added when asked why the likes of Jorginho and Fred – who joined Chelsea and United respectively over the summer – snubbed the chance to link up with the reigning English champions: “Manchester City’s squad is so strong that I think it is making it more difficult to sign the players they want.
"I think Fred chose to go to Manchester United because it was an opportunity for him to be a permanent fixture in their midfield.
"Mourinho told him he would be the missing piece to the club winning the Premier League and that’s a very attractive proposal. There’s a feeling that he would have been second fiddle to Fernandinho at Manchester City, so I’m sure game time was pivotal in his decision.
“Jorginho is a different story. I think Jorginho’s head was turned by Chelsea purely because [Maurizio] Sarri, a manager who he knows and loves, went to the club. He has settled straight into that team, being the heartbeat of that central midfield and controlling the tempo in their games. I think that was the key for Jorginho.”