Roy Hodgson looks set to remain as Liverpool manager this weekend after the club's American owners took no decision over his future.
Hodgson was at the club's training ground on Friday but a media conference ahead of Sunday's FA Cup clash with Manchester United was later cancelled.
The club said it was "due to ongoing media speculation about his position".
But the 63-year-old's job remains in the balance following their 3-1 Premier League loss to Blackburn on Wednesday.
The loss left Liverpool 12th in league, four points above the relegation zone.
The former Fulham manager's future was the subject of a series of trans-Atlantic phone calls on Thursday, involving Liverpool's American owners the Fenway Sports Group, director of football strategy Damien Comolli and other senior officials.
Liverpool do not currently have a chief executive, which may partly explain the lack of a decision one way or the other, but Hodgson is expected to be replaced as soon as a successor is identified.
Club legend Kenny Dalglish, who many Liverpool fans want installed in Hodgson's place, is currently out of the country and is not expected to return until next week.
Hodgson, who took training as usual at the club's training ground in Melwood on Friday, will now have what appears to be one last chance to save his job, against rivals Manchester United.
Liverpool further explained that the cancelled media briefing was because they wanted the "focus to be on what is a hugely important game".
The former Blackburn boss
replaced Rafael Benitez
as manager at Anfield in July, but has struggled to win over the Liverpool fans so far this season, as the team have laboured in mid-table.
Earlier in the season the 18-time English champions suffered an
embarrassing Carling Cup home defeat
at the hands of League Two outfit Northampton, and face a two-legged tie against Sparta Prague in February after progressing past the group stage of the Europa League.
A win over United on Sunday would help Hodgson's case hugely, and go some way to making up for recent results such as the
1-0 home defeat by Wolves
on 29 December.
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