Bolton midfielder Gary Speed has resigned as first-team coach of Premier League strugglers Bolton Wanderers.
Speed joined Bolton from Newcastle for £750,000 in July 2004
Speed, 38, was appointed by Sammy Lee in April when he took over from Sam Allardyce as boss.
But he told BBC Wales that reports that he was axed are not true: "I resigned as coach on Wednesday.
"I wanted to concentrate on football because things are not going so well for us. For some reason it's been said that I've been relieved of my duties."
Speed, who is still under contract as a Bolton player until the end of the season, would not be drawn on the reasons for Bolton's version of events.
Lee was quoted on the Bolton website as saying: "I want him to focus on his game at this moment.
"I don't want anything to distract him. I want everybody - coaches and players - to be fully focused on their game."
Speed had played in all eight of Bolton's league games this season until he was dropped from the squad for the 1-0 home defeat by Chelsea on Sunday which left them in 19th place.
A report in Thursday's Daily Mail claims Speed will be offered a coaching role at Newcastle if he cannot resolve his differences with Lee.
The 85-times capped Wales midfielder spent six years with Newcastle before joining Wanderers in 2004 - taken to Bolton by current Magpies manager Sam Allardyce.
Speed's departure from the coaching set-up at the Reebok Stadium leaves Ricky Sbragia and Jimmy Phillips as Lee's first-team coaches.