Fabio Capello is staying on as Real Madrid coach.
Club sports manager Predrag Mijatovic denied a report on Canal Plus TV that Capello had submitted his resignation following Madrid's 1-0 Spanish league defeat to Getafe on Saturday.
Club president Ramon Calderon reportedly rejected Capello's offer and persuaded him to stay.
But Mijatovic described the report as "totally wrong."
"Fabio wants to do all he can to resolve the team's current problems and any talk of resigning would be cowardice. Capello isn't like that. He's a winner and he wants to continue his project at Real Madrid," Mijatovic told Punto Radio late Monday.
Capello, who led Madrid to the league title in 1997 in his only season in charge, was rehired by Calderon with the goal of winning Madrid's first trophy since 2003.
However, Madrid's results have been erratic so far. The team lies fifth in the Spanish league with 11 points from six matches, five points behind leader and defending champion FC Barcelona, reports AP.
Madrid is second in Champions League Group E after a win and a defeat. Capello's team was to face Steaua Bucharest in the competition Tuesday night.
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