Marcelo Bielsa is staying as Athletic Bilbao's coach.
Bielsa tried to walk out on the club after a bizarre row over workmen at the club's training ground.
The 56-year-old became embroiled in a heated dispute with the site manager after scheduled work at the ground was not completed in time for the start of pre-season.
Athletic issued a statement distancing themselves from Bielsa's altercation, leading to the Argentine offering his resignation.
The Basque side refused to accept Bielsa's voluntary departure, and he has now made it clear that he will stay on after all - but admitted the row had changed his relationship with the club.
"I will further continue my work as usual. The sporting director will resolve the situation. I can assure that I will remain fully committed to the club," a statement on Bielsa's Facebook page reads.
"I have analysed and discussed the content of the club's statement. I can accept that the club disagree with me, but not if it's beside the truth. What has happened will change our relationship."
Former Chile boss Bielsa joined Bilbao in the summer of 2011, and guided the club to the Europa League and Copa del Rey finals, which they lost against Atletico Madrid and Barcelona respectively.
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