West Ham manager Sam Allardyce has been given the support of the club's co-chairmen David Sullivan and David Gold in an open letter published on the Hammers' official website.
The duo also confirmed in the letter that they are close to completing their first signing of the January transfer window.
Allardyce – who yesterday signed defender Roger Johnson from Wolves for the rest of the season – is the only manager of a side currently in the bottom five of the Premier League who was in charge at the start of the season and, following this past weekend's 5-0 FA Cup thrashing at the hands of Nottingham Forest, there has been speculation the 59-year-old may be the next boss out of work.
The one bright area for West Ham has been the League Cup, in which they beat rivals Tottenham in the last round to set up a semi-final meeting with Manchester City, the first leg of which takes place at the Etihad Stadium tomorrow evening.
And Sullivan and Gold have backed Allardyce to move the club up from 19th place in the table and, with the support of vice-chairman Karren Brady, they will also use their own experiences to overcome West Ham's current plight.
"We know Sam has not lost his ambition or desire and is committed to making West Ham United a great Premier League club," the open letter read.
"Sam has been handed a near impossible task of coming through three crucial games in the space of six days with a squad of only 14 fit and available senior players.
"We are all working round the clock to do everything in our powers to help arrest our slump in form."
Sullivan and Gold also revealed in their letter that they are close to providing the beleaguered boss with more players to bolster his injury-plagued squad.
"January is not an easy time to do business but we are pleased to confirm we are close to securing one of our key striking targets. A defender is high on the list of priorities as well and progress is being made on that front."