Reports on Sunday evening claimed the 51-year-old had been sacked, with the Foxes bottom of the Barclays Premier League, but the club issued a statement insisting Pearson remained in charge ahead of Tuesday's trip to Arsenal.
He said: "I am, today, managing this club as I have been for the last three and three-quarter years, and I am looking to get my team as best prepared as possible for a big game against Arsenal.
"I understand the interest and you wanting to ask questions, but I have loyalties to the people I work for, my staff and the players, which really is more important to me than trying to clarify things for a story which was based on speculation."
Source : PA
Source: PA