Real Madrid have denied coach Fabio Capello offered to resign after the shock 1-0 defeat against Getafe at the weekend.
Capello, who only joined the club in the summer from Juventus, is trying to rebuild a squad that has gone without a trophy for three years.
But Real are already five points behind arch rivals Barcelona after just six Primera Liga games, and an Italian TV station reported that the former AC Milan coach was prepared to throw in the towel.
However, Real sporting director Predrag Mijatovic said: 'I don't know where this story has come from. There has been a lot of talk about the current situation.
'But I can assure you no one has offered their resignation, especially Capello.
'It was a surprise that this story has come out.'
Meanwhile, Mijatovic confirmed Real are interested in recruiting Fluminense left-back Marcelo and Boca Juniors midfielder Fernando Gago.
It has been speculated that Marcelo will join Real as early as January for a transfer fee of around €6.5 million, while Gago has been on the club's radar for a while.
'We are following many players, including Marcelo and Gago,' Mijatovic told the club's official website.
'(Real director Franco) Baldini is following both players to see if they have qualities (we are looking for).
'We don't want to take any rash decisions, although in June they could come. They have a lot of talent.'