Watford have announced that Chris Wilder will remain in charge until at least the end of the season.
The former Sheffield United manager joined the Hornets last month as Slaven Bilic’s successor.
Watford have won just one of the six Championship games they have played since then.
The Vicarage Road club have lost three of those games, and reports emerged that their boss could be fired.
The Athletic claimed Watford have held talks with Francesco Farioli over succeeding Wilder.
However, the club insist they have no plans to sack him due to the terms both parties agreed upon.
Football reporter Alan Biggs claims Watford already have a new manager for next season.
The London club are 12th in the Championship with five games remaining.
They are six points off the play-off places, but breaking into the top-six does not look feasible given their current form.
Wilder needs a miracle to guide his side into the top six and Watford appear ready to move on.
Farioli was in charge of Turkish club Alanyaspor before leaving in February.
The 34-year-old Italian wants to take his time before deciding on his next job.
He has also held talks with clubs in Italy, Spain and Portugal.
Watford started the season with Rob Edwards in charge and not many people will be surprised if they end it without Wilder.
He is their 18th permanent manager since July 2012, and the feeling is that the owner Gino Pozzo is close to appointing the 19th.