Birmingham managing director Karren Brady believes the club will bounce back from relegation without change at the top.
Co-owners David Sullivan and David Gold have both questioned their futures at the club after suffering abuse from fans during Sunday's final Barclays Premier League game against Blackburn.
Sullivan has said he is willing to sell his share to the right bidder while Gold spoke of not wanting to remain where he is not wanted.
Brady told The Sun: 'David Sullivan's reaction was hot and from the heart. He'd had enough.
'Club chairman David Gold, more in control of his emotions, wondered aloud whether he should remain in the chair.
'Me? I knew they would soon cool down and start thinking about the future and, sure enough, they're already talking of promotion next season.
'And I'm not going to give up 15 years of my career just because a batch of beery blokes can't control their tongues.
'We will not be driven away by such people.'
Brady admits the board's relationship with the fans has broken and concedes mistakes were made over the handling of Carson Yeung's proposed takeover.
She added: 'We allowed ourselves to believe Carson Yeung's takeover would be completed with little pain last December.'
Brady's remarks on the situation are in contrast to those of Sullivan, who in emotional interviews last night launched an astonishing attack at fans, former manager Steve Bruce and some of his signings.
Defender Franck Queudrue and goalkeeper Richard Kingson were two players singled out.
And when asked if he would be at the club after this summer, he said: 'I think 50-50 I will be there but, deep down, I don't want to be there.'