Rosario Central president Horacio Usandizaga has apologised for threatening to "kill" the club's players if their form did not improve.
Usandizaga's outburst came in a meeting with fans last week, which was broadcast on the city's local television network on Monday.
On Tuesday evening, captain Kily Gonzalez read a statement from the players calling for the club, which narrowly avoided relegation last season after finishing bottom of the Apertura table, to stick together.
And Usandizaga responded on Wednesday with a letter, which was read out by his son Martin.
It read: "The president wants to tell the public, and especially people affected by what he said in Funes on October 8, that he is sorry for the content which affected the players, coaches and members of the club.
"The words were said in a meeting with people who were very worried about the situation the club was in.
"Most of the players helped Rosario Central overcome a difficult situation in the previous tournament and they deserve consideration.
"The truth is that the achievements of the club, which was one step away from disappearing, have not fulfilled the expectations of the fans.
"Gustavo Alfaro has recently taken over as head coach and we are all confident of pulling through.
"As I said that day, this is only a rough patch. I apologise and I ask for bravery and vigour as we face the future."
Usandizaga's initial speech came with the club next to bottom in the Apertura table, having claimed eight points from nine games.
He said: "Central will be back on its feet or I will kill those sons of bitches - players, coaches or whatever the hell they are.
"I'm really upset because we live up to each and every commitment we undertake with the players, coaches and club's employees.
"We make big efforts every day to achieve that. But they have to do the same on the pitch.
"I said this was a transitional tournament, but that doesn't allow them to play the way they are.
"They earned a million dollars last year for avoiding relegation - not for winning a championship. I haven't seen that amount of money in my whole life."
The players' statement on Tuesday read: "We want to express our pain over this situation.
"Firstly, we are the first people interested in and committed to helping Rosario Central recover.
"We suffered last season more than anyone because we knew we were defending the passion and the pride of the fans of Rosario Central.
"Fighting against relegation is the most difficult and ugly thing a football player can experience.
"We are human beings and we can fail on the field, but our attitude is always to try our best.
"As we can fail on the field, men can also fail off it when you work towards the good of Central.
"We ask the family of Rosario Central to stick together to achieve our main goal - the glory of the club.
"To achieve that, each person must play his role - the board managing the club, the players playing and supporters cheering as they always do."
On Tuesday evening, captain Kily Gonzalez read a statement from the players calling for the club, which narrowly avoided relegation last season after finishing bottom of the Apertura table, to stick together.
And Usandizaga responded on Wednesday with a letter, which was read out by his son Martin.
It read: "The president wants to tell the public, and especially people affected by what he said in Funes on October 8, that he is sorry for the content which affected the players, coaches and members of the club.
"The words were said in a meeting with people who were very worried about the situation the club was in.
"Most of the players helped Rosario Central overcome a difficult situation in the previous tournament and they deserve consideration.
"The truth is that the achievements of the club, which was one step away from disappearing, have not fulfilled the expectations of the fans.
"Gustavo Alfaro has recently taken over as head coach and we are all confident of pulling through.
"As I said that day, this is only a rough patch. I apologise and I ask for bravery and vigour as we face the future."
Usandizaga's initial speech came with the club next to bottom in the Apertura table, having claimed eight points from nine games.
He said: "Central will be back on its feet or I will kill those sons of bitches - players, coaches or whatever the hell they are.
"I'm really upset because we live up to each and every commitment we undertake with the players, coaches and club's employees.
"We make big efforts every day to achieve that. But they have to do the same on the pitch.
"I said this was a transitional tournament, but that doesn't allow them to play the way they are.
"They earned a million dollars last year for avoiding relegation - not for winning a championship. I haven't seen that amount of money in my whole life."
The players' statement on Tuesday read: "We want to express our pain over this situation.
"Firstly, we are the first people interested in and committed to helping Rosario Central recover.
"We suffered last season more than anyone because we knew we were defending the passion and the pride of the fans of Rosario Central.
"Fighting against relegation is the most difficult and ugly thing a football player can experience.
"We are human beings and we can fail on the field, but our attitude is always to try our best.
"As we can fail on the field, men can also fail off it when you work towards the good of Central.
"We ask the family of Rosario Central to stick together to achieve our main goal - the glory of the club.
"To achieve that, each person must play his role - the board managing the club, the players playing and supporters cheering as they always do."
Copyright (c) Press Association