England under-21 boss Stuart Pearce says he will stay on in the role despite his side's disappointing showing at the European Championships in Denmark.
Two late goals from the Czech Republic meant Pearce's young side crashed out in only the group stages of the competition despite both players and management insisting they believed they had the ability within the squad to win the competition.
Pearce's was recently offered a new two-year contract by the FA with them insisting the former Manchester City boss would not be sacked whatever the outcome of the tournament. Those following the free sports betting may be a little surprised by this.
Pearce has been heavily criticised for both his team selection and his tactics throughout the competition which the Three Lions arrived at as number one seeds but produced three disappointing performances, scoring only once. The sports betting tips suggested they would do much better.
Many have laid the blame squarely at the manager's feet after he continued to stick with skipper Michael Mancienne, a natural centre-half as a holding midfielder as well as striker Daniel Sturridge who after a superb second half of the season playing up-front for Bolton, was continuously employed a right winger.
Pearce has now held the job for four years and despite helping to develop players such as James Milner, Joe Hart and Adam Johnson, now all regulars in the senior side, many believe it could be time for him to move on.
However, he is the favourite to lead a combined Great Britain side at the Olympics as the side must be made up of mainly under-23 players and it is likely this will be the case although nothing has been confirmed.
"It's not been ratified" Pearce told reporters. "Whoever the manager is, he will have some players from the age group".