Leicester City's board have reassured Dave Bassett and Micky Adams that they will remain in charge of the team even if the Foxes are relegated.
Bassett and Adams were appointed in October, replacing Peter Taylor, but they have failed to guide City to safety and with the team eight points adrift at the bottom of the Premiership, are staring relegation in the face.
Recent speculation suggested the pair were set to pay for City's imminent slide into division one with their jobs but, in an official statement, the club have poured cold water on such rumours.
The statement read: "Leicester City plc and Leicester City Football Club have strongly refuted press speculation that Dave Bassett and Micky Adams are fighting to keep their jobs at Filbert Street.
"Both the plc and football club boards have moved quickly to totally deny speculation in a Sunday newspaper that Bassett and Adams would be casualties of what was described as an 'end-of-season clear-out' at Filbert Street.
"John Elsom, chairman of Leicester City FC, said that both Bassett and Adams would have central roles in the club's plans for next season."
Elsom added: "It has already been announced that discussions will be taking place about the future roles of both Dave Bassett and Micky Adams for next season before the end of the current Premiership campaign."