Barnsley have confirmed Mark Robins is still their manager - though he is considering his future at the club.
Speculation broke on Thursday that Robins, who replaced Simon Davey at Oakwell in 2009, was set to leave the Tykes after a disagreement with the board over the budget for next season, with a compensation figure already agreed for his departure.
The club have moved to quash those rumours, but conceded Robins is deciding whether he can work under new financial conditions proposed by the board. A statement issued by the club read: "The Barnsley FC board has decided in principle that it supports the Football League in its efforts to require clubs to break even."
It continued: "Mark Robins attended the board meeting last week to discuss ideas for our club to break even going forward.
"His response to the proposals was that he needed time to consider the implications of the approach and whether he could work with it.
"The club felt it was necessary to mitigate its position by invoking the clause in his contract fixing the amount of compensation due to be paid should Mark leave, which appeared most likely from the discussion."
The former Rotherham manager has since been linked with a number of vacant managerial positions, including South Yorkshire rivals Sheffield United, but the Tykes are keen to retain the services of the 41-year-old.
"We are aware of the speculation in the media regarding Robins being on shortlists for other clubs," the statement continued.
"But to date out club has not been approached.
"We are happy with Mark Robins as our manager and hope he will decide to stay and help is implement the changes needed to move our club forward on the playing field."
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