Thaksin Shinawatra will evaluate Sven-Goran Eriksson's position at Manchester City at the end of the season.
Weekend reports claimed the City owner and chairman had lost confidence in Eriksson following the team's poor recent results.
It was also suggested that Shinawatra was lining up Portugal boss Luiz Felipe Scolari as a possible replacement.
Shinawatra has insisted he has no immediate plans to fire the Swede, who was only appointed last summer.
However, he admits he will assess Eriksson's performance when City's Premier League campaign is over.
Asked by reporters in Dubai whether Eriksson's job was in jeopardy, the former Thai prime minister said: "There are no plans at the moment.
"We will have to evaluate at the end of the season."
"I'm not happy with the performance of the club in the second half of the season."
Manchester City made a strong start to the season but have slipped back to eighth and face an uphill battle to qualify for Europe.
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