Manchester City chairman Khaldoon Al-Mubarak says the club's owner is very pleased with their progress.
City are owned by Sheikh Mansour, who is a United Arab Emirates politician and their current deputy prime minister.
Despite winning the Premier League and Carabao Cup this season, City failed to achieve their ultimate goal of becoming European Cup winners.
They were defeated in the Champions League final by Chelsea.
Speaking in his end of season interview, Al-Mubarak said of the owner, per the Manchester Evening News: "I know Sheikh Mansour is immensely proud.
"His vision going back to 2008 of what he expected and wanted in the next 10-12 years, I think has been achieved. As we look at the next ten years, his vision of what he hopes to achieve with this club, I believe we are well positioned to achieve that.
"We look at the past with pride. I look at the future with foundations. Today the foundation is there. The blocks have been built, the foundation is strong, the confidence is there. This journey continues and I look forward to it."
