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Watford will discuss the future of manager Quique Sanchez Flores at the end of the season.
The Hornets enjoyed a promising start to the season as they sat in the top half of the Premier League but they have suffered a dip in form since the turn of the year to drop back to 12th.
Despite reaching the semi-finals of the FA Cup and sitting ten points clear of the relegation zone, Flores has faced constant questions about his future at the club with some reports claiming that his contract will not be renewed when it expires at the end of the season.
The club insists they are happy with the manager and will not make a decision on his future until the summer.
"As the club has consistently made clear, no decision has been made on the future of Quique Sanchez Flores and certainly no decision will be taken until the club has held in-depth discussions with Quique. Those discussions will only take place once the season has finished," a statement from Watford read.
"Quique has a two-year contract and the club would stress it is very happy with the job Quique and his staff have done this season."