Birmingham chairman David Gold has rubbished rumours that the Blues board have fallen out with Steve Bruce over the stalled transfer of Jason Euell from Charlton.
Some bookmakers in Birmingham even suspended betting on Bruce being given the sack after speculation that the directors had lost faith in him and would be giving him no money during the January transfer window.
It is a fact that Bruce wanted to sign Euell and a striker in the Andy Johnson mould to complement Emile Heskey and Chris Sutton, whereas he is now likely only to be able to bring in one player.
But there has been no fall-out with Gold or co-owner David Sullivan - and once again Bruce has been given a vote of confidence as he prepares his team for Saturday's crunch clash with Portsmouth at St Andrews.
Gold said: 'You hear all these rumours. On the Internet nowadays your fan base have the opportunity to say what they think which - in its way, I suppose - is part of a democracy.
'But there has been no dispute involving us and Steve. It is not even an issue to discuss.
'As for the odds shortening on him to be given the boot or leave, we were talking in the boardroom at the Torquay game about all these bets - and wondering who were the people putting them on.
'Obviously, it would be people feeling they have some kind of `inside' information - which they don't. I joked to David Sullivan `Was it you, David? is there something you are not sharing with me?'!'
According to Gold, Bruce has nothing to fear.
'Steve is safe, as we have consistently said,' he stressed.
'Obviously if I and the board felt that by removing the manager it would be the instant solution to our problems then we would break our word - but we don't think it is.'
Bruce is weighing up all possible options before deciding whether to follow up his interest in Euell, for whom Blues have agreed a fee of £1.5 million.
Gold added: 'With regard to the Euell situation, I don't think Steve is keen just to add to the numbers for the sake of it.
'That is no slight on Euell, but he would rather hang fire and see if we could pull off a coup for a player who will do the business and improve us - rather than someone who might do the business.
'I would be very disappointed; the board would be very disappointed - and so would Steve - if we didn't bring in one more player during the window.'