There is also the prospect of March's Manchester derby being pushed back until April or even later, given a potential fixture pile-up, and how City handle all of these games will make or break them, and their campaign.
It could spell a tricky situation further down the line and City fans might even be hoping Liverpool beat
Bayern Munich so they cannot concentrate fully on the Premier League title.
However, right now, supporters, players and managers would all rather be in these competitions than out of them and, in that respect, City are in an enviable position.
With
Arsenal and Liverpool out of the FA Cup, City can also keep their fingers crossed for a comfortable fifth-round draw.
If they are distractions from the Premier League, they are certainly welcome ones, and with a squad as deep as this, there should be every confidence that they can stay in the fight for a few more weeks or even months yet.
That is how they have got this far, of course. A mixture of young hopefuls and experienced squad players earned them a place in the Carabao Cup final, yet in the FA Cup Guardiola has consistently gone strong.
On Saturday, City's substitutes had scored 51 goals between them in all competitions this season.
Over the two FA Cup games to date, Sergio Aguero, Leroy Sane and David Silva have not started but Ederson, Kyle Walker, John Stones, Nicolas Otamendi, Kevin De Bruyne, Ilkay Gundogan and Gabriel Jesus all have, and with Bernardo Silva and the always influential Fernandinho thrown into the mix on Saturday, it shows that Guardiola would rather win this trophy than sit at home and rest up for a Premier League game.
There may be weak spots in some areas of the squad, namely at the base of midfield and at left-back, but when you consider that three of City's left-sided defenders missed out on Saturday's squad and they could still call upon Danilo, it is hard to make that case too strongly.
Fernandinho, however, is as close as it comes to irreplaceable in this team and his fitness in the coming months will also prove crucial, so he will have to be managed carefully. As happened at Huddersfield last Sunday, the Brazilian was substituted as soon as City went 3-0 up.
Anyway, what sense in looking too far ahead? This article could have been written a year ago, with City ready for a Carabao Cup final, ready to play
Baselin Europe and drawn against
Wigan in the FA Cup.
They lost at Wigan, of course, and as soon as Basel were beaten, they faced up to the reality of facing a proper challenge, eventually losing to Liverpool in the Champions League, after a combination of the Reds' accuracy and the refs' inaccuracies.
So, for now, all they can do is focus on the challenge at hand.
"We are able to try to win tomorrow, that's all I can assure you," Guardiola said on Friday when asked about the prospect of winning the quadruple. "The other is fantasy."
The Catalan was impressively restrained in his response to a topic that has quickly resurfaced now City are winning again. After all, less than a month ago he was asked whether he should change his entire footballing philosophy on the back of two defeats.
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