Cosmi stepped down following Sunday's 2-0 defeat to Napoli which left the Amaranto 16th in the standings, just two points clear of the relegation zone.However, Livorno announced today that Cosmi is staying at the club and will be at the helm for the upcoming visit to AC Milan.
"A.S. Livorno Calcio communicate that President Aldo Spinelli unconditionally rejects the resignation of coach Serse Cosmi," read a statement.
"The resignation has been rejected looking at the results achieved, the performances and the work carried out by the coach and by his staff.
"The President believes that the work carried out by the coach Serse Cosmi and his staff is too important an investment to squander for the rest of the campaign.
"As regards the transfer market, the President and the coach express a mutual intent to improve the current squad by evaluating together every prospect that the market will offer."
Cosmi replaced the sacked duo Gennaro Ruotolo and Vittorio Russo in October when the Tuscan side were at the foot of the standings but had cited "a difference in opinions" between himself and Spinelli as to the main reason he was quitting.
The decision by Spinelli to allow star player Antonio Candreva to join Juventus on loan last week, with no replacement on the horizon, was among the disagreements between Cosmi and the owner.
Source: Sporting Life
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