Javi Gracia has decided, for the time being at least, to remain at the helm of Valencia.
The Spanish coach was absent from Wednesday's training session in order to meet with the club's president, Anil Murthy, to discuss his frustrations following a disappointing transfer window.
Los Che brought in no new signings over the summer despite the departures of eight first team players - including Dani Parejo, Francis Coquelin, Ferran Torres and Rodrigo Moreno.
The former Malaga coach will reportedly make a definitive decision about his future after meeting with the club's owner, Peter Lim, about promises that were made to him over new signings when he took charge of the LaLiga club in July.
The club has not yet revealed when and if that conversation will take place.