Fabio Capello has stated his desire to remain as England manager - but his future will be decided by the Football Association over the next two weeks.
Capello's future has been the subject of speculation both before and since England's dismal World Cup exit against Germany on Sunday with suggestions he could be axed from his role.
And he said: "I spoke this morning with (Club England chairman) Sir Dave Richards and he told me that he needs two weeks to decide."
Club England managing director Adrian Bevington indicated the FA had sought to give themselves time to consider Capello's position, rather than making a "knee-jerk reaction" in the wake of yesterday's 4-1 defeat in Bloemfontein.
"Sir Dave Richards met with Fabio this morning and we are all very clear that Fabio is under contract with the FA until the 2012 European Championships and nothing has changed in that respect," Bevington said.
"Obviously everybody is very disappointed today with the fact that we've gone out of the World Cup in a manner that everyone back in England and the fans that have travelled are incredibly frustrated with.
"So it makes perfect sense for us to go back to London and take stock of the situation, reflect fully on the tournament and see what we can take from it and just speak to Fabio from there.
"I don't think there is anything sinister in it beyond that other than we just want to make sure that we show a common-sense approach rather than making any other snap knee-jerk reactions within 24 hours of a very disappointing result."
Capello indicated he was content to allow the FA time to consider their options, despite admitting last night he would like assurances that they would back him to remain in the role.
Reacting to Bevington's comments, Capello said: "Yes I think it is an intelligent answer.
"I have got a contract. I refused a lot of opportunities to be a manager from a lot of important clubs because I would like to stay here.
"I like this job. I like to be England manager."
Capello blamed fatigue for many of his side's failings during the tournament, and suggested a winter break in the Premier League would help matters.
Manchester United striker Wayne Rooney was a particular focus of attention during a string of below-par displays, but Capello maintained the problems applied on a more general level.
"Not Wayne Rooney, but important English players were really tired," he said. "The coaches told me that the physical situation was not like the players that we know.
"The players were not as good as I know because they played not so fast, not so quick. I can see through the seven games (including warm-up games against Egypt, Mexico and Japan) they were not so fast as I know."
He added: "I understand a lot after this tournament because the players trained very well and were focused every time but the performance was not at the level that I know. Probably we are really tired every time at a competition that we have to play."
On the winter break issue, he added: "Germany always arrive at the second part of the season very well when you play Champions League.
"The reason is that it's very important to recover the force, but it's not my job to decide over the calendar."
The Italian also rejected suggestions that some of the players he omitted from his final 23-man squad, such as Adam Johnson or Theo Walcott, would have made a difference and been fresher than those selected.
"When I chose the players I had been following the players for a very long time and I decided on the best players who finished the season," Capello said.
"If they are fresher I don't know. Adam Johnson played a lot of games."
Capello came under heavy criticism for his rigid adherence to a 4-4-2 formation, refusing to play Steven Gerrard in a deeper role behind Rooney, but he insisted the system works, pointing to England's impressive performances in qualification.
"I think you can decide on a different style but a good style depends on the form of the players," he said.
"We played this style for a long time and the results were very good.
"Sometimes you can change with the game but that depends on the physical situation and not the style. The style always depends on the players in my squad."
Capello was also asked if he felt he still justified his £6million annual salary. He said: "When they decided to pick me to be manager I spoke with the people and they decided to give me this money. But I think it is not about the money, it is the value of the man."
Bevington added: "It is not Fabio who sets his salary. Fabio going into this tournament had an outstanding record in qualifying England for the World Cup.
"We are all very disappointed that we are leaving so early in the competition. It is very important that we appreciate that we hired Fabio when as a nation we were on the floor, having failed to qualify for a major tournament, and Fabio restored that confidence with a successful qualification campaign and we need to put that into context."