Pep Guardiola insisted there were no regrets after Manchester City’s bid to retain their Champions League crown ended in a heartbreaking penalty shoot-out loss to Real Madrid. The holders were beaten 4-3 on spot-kicks by the Spanish giants after their quarter-final tie ended 4-4 on aggregate – 1-1 on the night – despite a dominant display from Guardiola’s side in the second leg at the Etihad Stadium. “I don’t have any regrets about what we have done," the manager said at full-time. Guardiola added that his side "played exceptionally in all departments" despite crashing out of Europe. About Independent Sport: The Independent is proud to bring you the latest and greatest in sport, featuring expert analysis and reliable updates from the biggest sports on the planet. Watch more from Independent TV: independent.co.uk/tv/sport Click here to subscribe to Independent Sport: https://bit.ly/3QTgWY1 About The Independent: Making Change Happen. The Independent is the world’s most free-thinking newsbrand, providing global news, commentary and analysis for the independently-minded. Connect with The Independent: Check out our full video catalog: null Videos, daily editorial and more: http://www.theindy.com/ Click here to get the best of The Independent daily: https://www.independent.co.uk/newsletters Like The Independent on Facebook: https://www.fb.com/TheIndependentOnline Follow The Independent on Twitter: https://twitter.com/Independent Follow The Independent on Instagram: https://www.instagram.com/the.independent Download the iOS & Android app: https://www.independent.co.uk/subscribe/app Help to support truly independent journalism. Every dollar you contribute will directly fund additional special reports and investigations from a free-thinking, award-winning newsroom you can trust - https://www.independent.co.uk/donations Subscribe to Independent Premium for exclusive content & live events: https://bit.ly/2MiOONB