The club have confirmed that the 52-year-old will remain at St James' Park and that money for new players will be available in the upcoming transfer window
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In minutes of Monday's Fans' Forum which were posted on the club's official website, Newcastle claimed that they have no intention to sack the 52-year-old this summer.
The minutes read: “The board stated that Alan Pardew will remain the club's manager.
“The board stated that incorrect media reports which claimed Newcastle United had contacted other individuals about the manager position were in the hands of the club's legal team.”
Newcastle fans have also criticised the transfer policy implemented at St James' Park but the club insist Pardew will be able to add to his squad this summer.
“The board confirmed money is available to spend on players but has to ensure the right players are purchased for the right price,” a further statement read.