QPR co-chairman Tony Fernandes has confirmed that Ian Holloway's job is safe.
Speculation started to mount after a report from The Sun said that Ollie was set to be dismissed if the Hoops failed to secure a win against Bolton Wanderers this weekend.
It was rumoured that if this happened, Portsmouth manager Kenny Jackett would be the man to replace Holloway, but Fernandes said on Twitter that it's not true.
His tweets read: "Zero facts about Ollie. Not even a second of thought this. This is a project and we want stability. Ollie is doing a grand job.
"Every match we compete and we have been unlucky with injuries, yet squad has done well.
"End is story. Let's focus on the pitch and transfer windows. Scouting scouting scouting, and young players coming through."