Hull have denied sacking manager Phil Brown, although some bookmakers have stopped taking bets on him being the next Premier League boss to go.BBC Sport understands meetings will continue through Wednesday evening and Thursday morning to discuss the future of Brown and club chairman Paul Duffen.
The Humberside club felt moved to confirm Brown remained in his job.
It said in a statement: "Contrary to media speculation the club can confirm Phil Brown has not been sacked."
Brown was booed by Hull fans during the draw with bottom club
Portsmouth and his side are in the relegation zone.
The news comes on the same day that an auditor revealed Hull could go out of business if relegated.
Accountants Deloitte revealed the club needed £23m "to meet current liabilities". If Hull were to be relegated, losing the £7m they get from their top-flight status would be a major blow.
The numbers cover the year before Hull's first Premier League campaign and the directors insist the financial situation has improved since then.
Their first season in the Premier League began with a string of significant away wins against strong opponents, but results were poor in the second half of the season and Hull were ultimately fortunate to escape relegation.
This season they have collected eight points from their first 10 matches, leaving them in 18th position, with only West Ham and Portsmouth beneath them.
Meanwhile, former Hull chairman Adam Pearson has stepped down from his role as Derby chairman after two years at Pride Park.
Pearson has cited the need to pursue "new challenges" as a key reason behind his decision - and should Duffen leave Hull he could return to Humberside.