Premier League: Manchester City's Pep Guardiola crowned LMA Manager of the Year

Manchester City's Pep Guardiola was named Manager of the Year at a League Managers Association awards ceremony on Tuesday after leading his side to the Premier League title and a host of records.

The Spaniard, 47, whose team finished 19 points ahead of second-placed Manchester United, also won the League Cup in February, beating Arsenal 3-0 at Wembley. City became the first top-flight club to gain 100 points and broke records for goals scored in a Premier League season (106), consecutive wins, most victories (32) and the best goal difference (+79).

Guardiola beat off competition for the award from Liverpool's Juergen Klopp, Burnley's Sean Dyche, Wolverhampton Wanderers boss Nuno Espirito Santos, Cardiff City manager Neil Warnock and Accrington Stanley's John Coleman.

City won't sign many players

Meanwhile, City are targeting just one or two signings for next season, Guardiola has said. City, owned by billionaire Sheikh Mansour, spent more than 300 million pounds ($405.42 million) on players last season. That heavy investment paid off with City winning the Premier League and League Cup, but Guardiola said fans should not expect similar spending.

"(We will sign) one or two more," Guardiola told Sky Sports, adding. "... maybe people don't believe me but we don't have the money to invest 300 million pounds every season. We invested a lot of money and will invest less in the future, because instead of doing it in two or three transfer windows, we did it in one. The fundamental success of this season is the quality of the players. People say you won because you invest a lot, they are right."