Pep Guardiola is adamant Manchester City will not prioritise cup competitions over the Premier League for the rest of the season because he worries about them missing out on European places.

City are 14 points behind league leaders Liverpool thanks to Friday's 3-2 defeat at Wolves, meaning their title defence looks beyond Guardiola's men.

Although Ederson's early red card left City in a precious position at Molineux, they found themselves two to the good just after the interval thanks to a pair of Raheem Sterling goals.

But Adama Traore pulled one back soon after and he then played a vital role in an 82nd-minute equaliser, making the most of Benjamin Mendy's woeful error to set up Raul Jimenez.

The Mexican teed up Matt Doherty late on and he secured the win that leaves City well adrift of Liverpool, who also have a game in hand.

But giving up on the Premier League is a dangerous game Guardiola is unwilling to play.

"We can't give up otherwise we won't be in Europe," Guardiola told reporters.

"I never prioritise competitions. Now we're back at home, playing another game in less than 40 hours [at home to Sheffield United]. We have to prepare, see how they are and how they feel.

"Our response is always good; we are used to being top and now we are fighting."

Friday's result meant Manchester City were unable to move back up to second above Leicester City, who lost 4-0 to Liverpool on Boxing Day.

And Guardiola reiterated that they are now City's target, acknowledging it is not realistic to continue aiming for Liverpool's lofty perch.

"We have to move on," he said. "We played the first season and we were there [near the top] all the time, in some situations we are far away. We have to catch the second one and see where we are.

"It's unrealistic to think about Liverpool, we think about Leicester. We have the chance to recover second, I know the quality of the team, but that's the situation."

Bernardo Silva acknowledged Manchester City's 14-point gap to Premier League leaders Liverpool is a "really bad situation" after Friday's dramatic 3-2 defeat to Wolves.

Liverpool – who have a game in hand on City – thrashed Leicester City 4-0 on Thursday to increase their lead at the top and Pep Guardiola's men were unable to make a dent in that at Molineux.

Despite having Ederson sent off in the 12th minute, City found themselves two up early in the second half thanks to a Raheem Sterling brace.

But Adama Traore inspired Wolves, scoring from 25 yards before setting up Raul Jimenez's equaliser in the 82nd minute – picking the Mexican out after capitalising on a woeful Benjamin Mendy error.

Matt Doherty clinched the win following a clever interchange with Jimenez, and Silva accepts City's position is frustrating.

Speaking on Amazon Prime, he said: "It is a really bad situation for us. A frustrating first half of the season.

"Nobody expected us to be this far away from Liverpool at this halfway point. We have to continue now.

"We know that winning the title is very complicated. I wouldn't say impossible but very difficult."

Guardiola's post-match comments struck a similarly exasperated tone as he practically ruled out a title challenge.

"It's big [the gap behind Liverpool] for a long time now," he said. "It's not realistic to think about it. The same question for a long time, but the same answer."

Manchester City blew a two-goal lead at Wolves as Raul Jimenez and Matt Doherty netted late on at Molineux to secure a thrilling 3-2 home victory, with the 10-man champions' hopes of usurping runaway leaders Liverpool taking another huge blow.

City found themselves with an unlikely 2-0 lead just after half-time thanks to a Raheem Sterling brace, the lead remarkable given the 12th-minute dismissal of Ederson, but Wolves fought back spectacularly in the second half – Adama Traore playing a vital role.

Ederson's early sending off left City in a tricky position, though they initially responded well and went ahead through Sterling – the attacker tapping in a penalty rebound after Rui Patricio had saved two of his spot-kicks, the first ultimately being retaken due to encroachment.

Sterling doubled his tally with a lovely finish early in the second half and it looked as though it would be enough, but the lively Traore pulled one back before then setting up Jimenez in the latter stages following a woeful error from Benjamin Mendy.

There was still time for a stunning winner as Doherty finished off a fine move in style in the 89th minute to clinch the win, leaving City – who hit the crossbar through Sterling in stoppage time – 14 points adrift of Liverpool.

A A gripping first half looked to be going Wolves' way when Ederson was dismissed for catching Diogo Jota after rushing out of his box in the 12th minute, with Sergio Aguero's return from a month-long injury absence ending prematurely as he was hooked for replacement goalkeeper Claudio Bravo.

But Riyad Mahrez was tripped by Leander Dendoncker in the opposing penalty area soon after and, following a lengthy VAR review, the spot-kick was given.

Sterling's subsequent effort was stopped by Patricio, only for VAR to penalise Wolves following encroachment from Conor Coady. The retake brought about another save, but this time the England forward converted the rebound.

City managed to reach half-time with their lead intact and Sterling got his second just after the interval, racing on to Kevin De Bruyne's throughball and beating Patricio with a clever chip.

But Sterling gave possession away a few minutes later and Traore capitalised, sending a 25-yard drive crashing in off the left-hand post.

Mendy was the next City player to make a costly error, trying to shepherd the ball out of play only to be out-muscled by Traore, who teed up Jimenez to steer home.

And Doherty completed the turnaround with a left-footed strike from the edge of the box following a clever interchange with Jimenez – Sterling's last-gasp free-kick causing a brief moment of worry as it clipped the bar.

Manchester City blew a two-goal lead at Wolves as Raul Jimenez and Matt Doherty netted late on at Molineux to secure a thrilling 3-2 home victory, with the 10-man champions' hopes of usurping runaway leaders Liverpool taking another huge blow.

City found themselves with an unlikely 2-0 lead just after half-time thanks to a Raheem Sterling brace, the lead remarkable given the 12th-minute dismissal of Ederson, but Wolves fought back spectacularly in the second half – Adama Traore playing a vital role.

Ederson's early sending off left City in a tricky position, though they initially responded well and went ahead through Sterling – the attacker tapping in a penalty rebound after Rui Patricio had saved two of his spot-kicks, the first ultimately being retaken due to encroachment.

Sterling doubled his tally with a lovely finish early in the second half and it looked as though it would be enough, but the lively Traore pulled one back before then setting up Jimenez in the latter stages following a woeful error from Benjamin Mendy.

There was still time for a stunning winner as Doherty finished off a fine move in style in the 89th minute to clinch the win, leaving City – who hit the crossbar through Sterling in stoppage time – 14 points adrift of Liverpool.

Nuno Espirito Santo was proud to deliver a night to remember for Wolves fans after a 3-3 draw in Braga secured a spot in the last 32 of the Europa League.

The Premier League side roared back from a goal down to lead 3-1 by the break in Portugal, with Raul Jimenez, Matt Doherty and Adama Traore on target – the latter two strikes coming 81 seconds apart.

But Braga maintained their grip on top spot in Group K courtesy of second-half goals from Paulinho and Fransergio.

The point ensured Wolves' qualification for the last 32 with a game to spare and Nuno was particularly delighted for the sizeable travelling contingent.

"I'm extremely proud – 6,000 fans here is amazing," he said, in quotes reported by Wolves' official website. "It requires a lot of effort from them, flights and travel, on a night like this, that's what makes us proud.

"The journey we started together, since the Championship. If we can achieve more, we will try. It's the same group of players that started, that are trying to grow, our fans are always with us supporting and that's what makes me happy."

Despite his evident satisfaction at extending Wolves' continental campaign into 2020, Nuno noted areas for improvement after a game the visitors really ought to have won.

"The first half was good. We started bad, we conceded a goal and that can happen, but the reaction was very good," he said.

"We pressed well, we stayed organised and achieved good combinations, so naturally we were finishing goals, the way the team reacted in play was good.

"Second half not so good, not so well organised, allowing passes to Braga that unbalances and conceded in situations that we must improve.

"The season has been long and it was another demanding match. We started very early in the season, however the balance so far has been good. The team is improving, the players are responding.

"We need to keep this momentum because in a couple of days we have a key game against Sheffield United and we want to develop and improve.

"We don't have limits, we always keep going and we're going to the next one."

Wolves were left stunned by Braga's second-half revival as both sides sealed progress to the last 32 of the Europa League following a 3-3 draw.

After storming back from a goal down to lead 3-1 at the interval, Wolves somehow let maximum points and top spot in Group K slip from their grasp in a thriller in the rain in Portugal.

The visitors, unchanged from the 2-1 Premier League win over Bournemouth, fell behind after six minutes when Andre Horta's deflected effort found the back of the net in sodden conditions.

But Raul Jimenez – involved in all three of his side's goals – swiftly levelled matters with his 15th of the season before a quick-fire double from Matt Doherty and Adama Traore put Nuno Espirito Santo's men in the ascendancy.

That was far from the end of the story, though, as Paulinho cut the gap and Fransergio grabbed a late equaliser to keep Braga top. Third-placed Slovan Bratislava's 2-1 defeat at Besiktas spelled the end of road for the Slovakians, with their Turkish opponents already out of the running.

Braga won the reverse fixture with Wolves at Molineux courtesy of Ricardo Horta's goal and it was his brother who put them ahead on Thursday, Andre Horta's low strike taking a telling touch off Ruben Neves to send the ball beyond Rui Patricio.

Wolves, sitting fifth in the English top flight, were quick to respond and Jimenez headed home after Jonny's looping cross had left Eduardo flapping at thin air.

Nuno's side came close to forging ahead midway through the first half, but Traore's teasing ball across the six-yard box was just beyond the reach of Diogo Jota.

Undeterred, Wolves continued to push forward and got their reward with two goals in 81 seconds – Doherty leaping to nod in Jimenez's lofted delivery before Traore coolly slotted in the third.

A smart stop from Eduardo spared Braga further punishment as he parried away Jota's header five minutes into the second half.

The hosts lost a tearful Wallace to injury just before the hour mark but were soon celebrating halving the deficit through Paulinho's close-range finish, after excellent work from Wenderson Galeno.

Despite Wolves still appearing to carry the greater threat, they were rocked by Fransergio's 79th-minute header from Nuno Sequeira's assist as the spoils were shared in an unlikely classic.

Denmark booked a place at the Euro 2020 finals at Republic of Ireland's expense following a 1-1 draw in Monday's crucial qualifier in Dublin.

Three sides were battling for two automatic qualification spots heading into the final round of Group D fixtures, with Switzerland - 6-1 winners in Gibraltar - going on to claim top spot.

Ireland required victory to have a shot at finishing above their opponents in second and they set up a grandstand finale when Matt Doherty cancelled out Martin Braithwaite's opener late on.

However, there was to be no dramatic winner for Mick McCarthy's men in the closing minutes, meaning they must settle for a place in next year's play-offs.

Raul Jimenez scored twice as Wolves cruised to a 4-0 win over Pyunik in the first leg of their Europa League third-round qualifier at the Republican Stadium.

Nuno Espirito Santo was rewarded for naming a strong starting line-up for Thursday's match - Wolves' first European tie outside of the United Kingdom since 1980 - as Jimenez made it back-to-back braces after starring against Crusaders in the previous round.

The Mexico striker added to his early-season goals tally with strikes either side of half-time in Armenia after Matt Doherty had opened the scoring just before the half-hour mark.

Wolves, who faced a 6,370-mile journey home ahead of Sunday's Premier League opener against Leicester City, gave themselves further breathing space ahead of next week's return leg with Pyunik thanks to Ruben Neves' late penalty.

Doherty was considered a fitness doubt ahead of the game but he was used from the off and made the breakthrough with a composed finish past Andrija Dragojevic after being slipped in by Diogo Jota.

Jota fired over from a good position shortly after, though he bagged the second of his three assists by squaring to Jimenez, who fired into the roof of the net three minutes before the interval.

The third goal arrived 35 seconds into the second half as Jimenez latched on to Jota's pass and made no mistake when one-on-one with Dragojevic.

Jimenez was denied a third by a clearance off the line, but the visitors added a fourth goal in added time as debutant substitute Patrick Cutrone was felled in the box, allowing Neves to convert from the penalty spot.

Wolves will play the winner of the tie between Serie A side Torino and Shakhtyor of Belarus in the play-off round.

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