He intends on taking a sabbatical after the end of the season, and then he'll return to the beautiful game as the manager of a new team.
It's not news that will make any Barcelona fan smile. In four short years, Pep Guardiola became the most successful Barcelona manager in history, winning a record 13 trophies (soon to be 14) in the process.
Most of all, he did it the Barca way: playing the beautiful football that has earned them respect and admiration from managers, players and pundits from around the world.
Will Barcelona ever have a manager as great as Guardiola? Will Barcelona's incredible dominance over the last four years end with Guardiola's departure from the Catalans?
These are just a few of the questions that Barca's management and fans will have to face up to at the end of the season when one of the club's greatest icons and heroes walks away.
And even though it won't affect Guardiola's decision, we can't shake the feeling that he's making a big mistake. Here are five reasons why Guardiola should have decided to stay with Barcelona for at least another season, if not longer.