Southampton manager Mauricio Pochettino said that he intends to stay at the club despite the resignation of his ally Nicola Cortese as executive chairman.
Cortese left the club on Wednesday evening, with club owner Katharina Liebherr installing herself as non-executive chairwoman. Speaking in May, Pochettino had declared that he would leave the club if Cortese ever did, but he told reporters that he wanted to remain in his position.
"I want to show my gratitude to Nicola Cortese. I believed in him, he brought me here, my staff and my family. I am full of gratitude to him," Pochettino said. "Eight months ago when this happened, we were finishing my first season and I did say that if he left there would be no sense for me to stay.
"The new situation is different. We are in the middle of our new project. Nicola knows of my decision to stay; I have spoken to him. I am fully committed to the staff, the players, the club and it would make no sense to leave in the middle of our path."
Cortese chose Pochettino to succeed the sacked Nigel Adkins in January last year and the Argentine subsequently steered the club to a 14th-place finish in the Premier League. Southampton made a fine start to the current campaign, storming into the top four, but they have slipped to ninth place after recording only two wins in their last ten matches.