Fulham director Michael Cole insists Roy Hodgson is "integral" to the club.
The Cottagers' hopes of winning their first European trophy were dashed on Wednesday night in Hamburg as Europa League final opponents Atletico Madrid scored an extra-time goal to win 2-1.
Hodgson revealed his desperate disappointment after the match but is expecting to fulfil his contract and be in charge of the club for the 2010-11 Barclays Premier League season.
"He is integral to the club, a very great manager. And as Fulham chairman and owner Mohamed al- Fayed has said, he's more than a manager - he's a very great human being," Cole said.
"We do think he will stay and I think he'll be at Fulham because essentially he has what every manager says he wants - a free hand and the confidence of the chairman. By and large he gets the support he requires in the way he wants it."