Manchester City exited the Champions League at the last 16 stage on Wednesday night after losing 3-1 to Monaco to go out on the away goals rule.

Pep Guardiola’s men took a 5-3 lead to the Stade Louis II after a wonderful attacking display at the Etihad Stadium three weeks ago, only for the Citizens to turn in a meek and lacklustre display in Monaco on Wednesday.

Goals from Kylian Mbappe and Fabinho wiped away City’s two-goal advantage before the break, and although Leroy Sane put the visitors 6-5 ahead on aggregate 19 minutes from time, Guardiola’s side conceded from a set piece just six minutes later when Tiemoue Bakayoko headed home Thomas Lemar’s free-kick.

It means that City have suffered last 16 heartache for the third time in the last four seasons, with a run to the semi-finals under Manuel Pellegrini last time out their only real success in the competition since returning to it in 2011.

Nonetheless, Guardiola’s men are out and will turn their attentions to securing a top four finish in the Premier League as well as winning the FA Cup, but this defeat and ultimate exit will frustrate the City boss, given that it is the earliest he has been knocked out of the Champions League in his managerial career.

With City, we thought we’d take a look back at their European adventure this term, so here is What’s Hot and What’s Not from their Champions League campaign…

NOT – They’re out

For the third time in the last four years, City failed to make it past the last 16 stage.

Apart from their fine run to the semi-finals under Manuel Pellegrini last season, the Manchester club have not made the giant strides in Europe many were expecting when they returned to the Champions League in 2011.

And, having taking a 5-3 lead to Monaco on Wednesday night, to then exit the competition is almost inexcusable from the position they were in.

Nonetheless, Guardiola’s side are out, which inflicts the earliest exit on the Spaniard as a manager, and he will now have to make sure that they are in the competition again next season by finishing in the Premier League’s top four.

HOT – Man City 2-1 Barcelona

Although their Champions League campaign ended with a meek display in Monaco, it also incorporated arguably their finest ever European moment, as well as their best performance under Guardiola.

The Citizens went into their clash with Barcelona on November 1 with their qualification hopes hanging in the balance after losing 4-0 at the Nou Camp two weeks previous, and things didn’t begin brilliantly at the Etihad either when Lionel Messi gave the visitors a 21st minute lead.

However, Ilkay Gundogan’s goal six minutes from time proved to the catalyst for a sensational City display, which saw further strikes from Gundogan and Kevin De Bruyne secure a remarkable 3-1 success over the Spanish giants, which went some way to announcing City’s arrival on the big stage.

City went on to finish second in the group, behind the Catalans, with two wins and just one defeat from their six matches.

NOT – Away record

City won three and drew the other of their four Champions League home games this season, but their away record was dreadful.

They started out with a 3-3 draw away at Scottish champions Celtic, the game that ended their ten-match winning start to the season under Guardiola, before going to the Nou Camp a few weeks later and getting hammered 4-0 by Barcelona.

Their 1-1 draw against Borussia Monchengladbach did ensure qualification to the knockout stages, although they were once again below-par for 45 minutes, and their final away game culminated in the 3-1 defeat in Monaco on Wednesday night – again, they were poor for at least 45 minutes of that game.

That results in just two draws and two defeats from their four away games in the competition, so if City are serious about going deep in Europe in the years to come, they quite simply have to improve their away form.

HOT – Man City 5-3 Monaco

It may not feel like it now, having been knocked out by the French side, but City’s 5-3 victory over Monaco in the first leg of their last 16 clash was one of their highlights of the competition.

Guardiola’s side took the lead through Raheem Sterling but looked set to go to the Stade Louis II trailing after goals from Radamel Falcao and Kylian Mbappe put the visitors 2-1 and 3-2 up.

However, City produced a sensational attacking display to hit back through Sergio Aguero, John Stones, and Leroy Sane to take a healthy advantage to the Ligue 1 leaders, only to produce a lacklustre first half display in the Stade Louis II to wipe away that lead.

Nonetheless, the attacking flair and vigour they showed at the Etihad Stadium three weeks ago will give them much confidence ahead of the rest of the season and beyond