Earlier on Friday, City announced they had cut ticket prices by up to 43% following protests by some fans last season who were unhappy with matchday pricing and season ticket availability.
Demonstrations took place before some matches outside Etihad Stadium and continued as supporters remained in the concourses at kick-off time.
Manager Guardiola said in April he had “sympathy” for those holding protests and the club had already committed to freezing season ticket prices.
Chairman Khaldoon Al-Mubarak had said he was “not OK” with how the club’s ticketing strategy played out in public.
Fan advisory board City Matters said in a statement on Friday: “City Matters warmly welcome this announcement from the club, making matchday attendance more accessible and ensuring a vibrant atmosphere at the Etihad Stadium.
“This announcement shows the club’s commitment to City Matters and is a positive end to this season and our working relationship.
“City Matters look forward to continued engagement and transparency with the club to achieve our shared ambition for Manchester City’s success.”
Fans will be charged between £40 and £60 for home fixtures against the likes of Manchester United and Liverpool, with further reductions in other categories.