Fabio Capello will discover in two weeks' time whether he is to retain his £6 million-a-year job as England head coach after a disappointing World Cup campaign in South Africa.
The Italian held talks this morning with Club England chairman Sir David Richards in the aftermath of England's last-16 reversal against Germany in Bloemfontein.
Capello made it clear he wants to remain at the helm after a rare blemish on his managerial record.
But there was no instant vote of confidence for Capello or knee-jerk negative reaction to the 4-1 defeat - England's heaviest ever against Germany and also in the finals of a major tournament.
Instead Richards, who is also Premier League chairman and Football Association vice-chairman, will "take stock of the situation" before speaking again with Capello.
Capello could do no wrong in leading England to the finals with a qualifying record of nine wins from 10 matches including a comfortable double over Croatia.
He is contracted to take charge of England through to the finals of the 2012 European Championships after renegotiating his contract prior to the World Cup finals.
Capello confirmed: "I spoke this morning with Dave Richards. He told me that he needs two weeks time to decide.
"I want to stay on as manager of England."
When asked if he is happy with Richards' stance, Capello said: "Yes. I think it is an intelligent answer.
"I refused a lot of opportunities to be manager of important clubs because I like to stay here.
"I like this job. I like to be England manager."
Club England managing director Adrian Bevington said: "We are all very clear that Fabio is under contract to the FA until the 2012 European Championships and nothing has changed in that respect.
"Everyone is very disappointed in going out of the World Cup. Everyone is frustrated.
"It makes perfect sense for us to go back to London and take stock of the situation and reflect fully on the tournament, what we can take from it and speak again to Fabio again from there.
"I don't think there is anything sinister in it beyond that.
"We just want to show a common-sense approach rather than making a knee-jerk reaction within 24 hours of a very disappointing result."
Capello also defended himself when asked whether he was worth his large salary given England's inept performance at the World Cup.
He said: "When they decide to pick me as manager, I spoke with the people who give me this money.
"But it is not the money, but the value of the man."
Bevington also asked for Capello's overall record since replacing Steve McClaren in late 2007 to be taken into full context.
"It isn't Fabio who sets his salary. Fabio had an outstanding record going into this tournament in qualifying England for the World Cup," he said.
"We are all very disappointed that we are leaving early in the competition.
"But we hired Fabio when, as a nation, when we were on the floor having failed to qualify for a major tournament in the 2008 European Championships.
"Fabio restored that confidence with a very successful qualification campaign and we need to put that in full context."
But there is no denying that England under-achieved to a significant level in South Africa.
They had been tipped to cruise through their group but had to be content with being runners-up to the United States.
Then they were clearly second best against Germany despite the controversy of Frank Lampard's shot crossing the goal-line but not being spotted by the match officials who waved play on.
After the game, several England players including Steven Gerrard and Lampard indicated they would like Capello to remain in the post.Reuse content