Neil Warnock will continue working as Cardiff manager and aim for an immediate return to the Premier League, club chairman Mehmet Dalman has confirmed.
Dalman and chief executive Ken Choo held positive talks over a transfer budget with the 70-year-old manager.
Club owner Vincent Tan expressed his desire for Warnock to remain at the club and seek a record ninth promotion.
“He is the best man for the job, there was never any doubt in my mind,” said Dalman.
Warnock has one year left on his contract and many thought he would be on his way out following relegation from the Premier League after just one campaign.
He had asked for enough budget to recruit two or three players he believes are required for a turn at another promotion.
“We all share the same vision. We will give it [promotion] another go,” Dalman added.
The manager is now expected to act quickly and improve his squad after the departure of Aron Gunnarsson and loan players Harry Arter and Victor Camarasa.
Warnock is credited with transforming Cardiff’s fortunes after his arrival in October 2016. However, he is unlikely to stay if Cardiff fail in their bid to return to the top flight.
When Warnock was asked whether he could manage a Premier League side after Cardiff’s 2-0 victory over Manchester United at Old Trafford, he said: “Not a cat in hell’s chance.
Cardiff finished two points adrift Brighton and will play in the Sky Bet Championship next season.