What does Man City's Champions League ban mean for Pep Guardiola?

Before Christmas, such theories were little more than that — fantasy football hypotheses to debate in the stands or the pub.
There was only one certainty left from the rubble of the seismic announcement last night that Manchester City have been banned from the Champions League for the next two seasons — a lot of highly-paid lawyers all over Europe are about to become even wealthier than they were 24 hours ago.