Will Pep Guardiola cease to be manager of Manchester City before Aug 1, 2026?

Prediction markets currently give a 38% probability that Will Pep Guardiola cease to be manager of Manchester City before Aug 1, 2026?. This contract trades at 38¢ on Kalshi, closing August 8, 2026. The market is pricing in a 28% probability of Guardiola's departure before August 2026, but the Yes side offers an extreme 935.8% implied yield, suggesting significant underpricing relative to the risk—particularly given his contract situation and recent managerial stability at City.

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38¢
Bid/Ask 28/38¢·Spread 10¢·Vol $207.07·OI $787.82·Closes Aug 8, 2026·107d remaining
KXMANAGERSOUT-26AUG01EPL-PGUA
7-day price25 snapshots · 3 regime
37¢28¢ current
Apr 1720¢Apr 23

Analysis

4d ago

The market is pricing in a 28% probability of Guardiola's departure before August 2026, but the Yes side offers an extreme 935.8% implied yield, suggesting significant underpricing relative to the risk—particularly given his contract situation and recent managerial stability at City. Volume is thin at just $82 in 24-hour trading with only $128.55 open interest, raising liquidity concerns for larger positions, though the 1¢ spread is tight. The price has climbed 5 cents over seven days (21¢ to 26¢) with 111 days to expiry, indicating modest recent bullish sentiment, though the neutral regime score suggests no clear directional pressure.

Resolution rules

If Pep Guardiola ceases to be the manager of Manchester City starting Apr 16, 2026 and before Aug 1, 2026, then the market resolves to Yes.

Indicators

IY (Yes) 878.2%
IY (No) 132.8%
Adj IY 439%
CRI 3
Overround 3.9%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)878.2%
IY (No)132.8%
Adj IY439%
CRI3
Overround3.9%

Regime

Label
neutral
Score
0.5
Spread
10¢
Computed
4/23/2026, 4:53:19 PM
Indicators computed 4/23/2026, 4:53:12 PM

Trade

View on kalshisf trade KXMANAGERSOUT-26AUG01EPL-PGUA yes 100

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