Steve Bruce has written an open letter to supporters confirming that he will remain as Hull City manager.
The 55-year-old had reportedly been weighing up his future, despite guiding the club back into the Premier League by winning the Championship playoff final at Wembley in May.
Reports about a possible takeover and the lack of assurances about the direction of the club are believed to have led Bruce to consider his future, but he has now made it clear that he intends to stay put.
In an open letter published by Hull's official website, Bruce said: "I wanted to take this opportunity to address the club's supporters following recent speculation in the press regarding my future. Despite the talk of potential take overs, my focus is on what happens on the pitch and as far as I am concerned it is business as usual.
"Since the playoff final I have been in contact with our board of directors and other officials at the club on a regular basis and I am confident we all understand what we need to do to be ready for the Premier League season ahead of us. We plan to make improvements to our squad in the coming weeks and a transfer budget and wage structure has been set by the board for the new campaign.
"It is simply not correct that I have been told I cannot sign any players as reported in the media this week. We are already looking at potential targets in order to strengthen the squad. In addition to strengthening, we have also started working on several other projects including alterations at our training ground in Cottingham.
"Preparations for next season have been well underway since we left Wembley in May and I am looking forward to joining up with my players and staff in Portugal next week for our pre-season training camp. As supporters we need you now more than ever, let's make the KCOM Stadium a difficult place for teams to come to next season starting with Leicester on the opening weekend. Thank you for your continued support."
Bruce became Hull boss in 2012.
