There have been rumours going around the King would become a Director of Football, and Mick Harford would take over as manager, but this has been dismissed as Harford can't join another club until he reaches a settlement with Nottingham Forest.
Instead Mike Walsh has left the club as assistant manager, and his roled has been filled by Ian Woan, and Alan Reeves until further notice.
King also said: "I am not going to move to Director of Football for anyone, let me make that clear.
I am the manager, and love this Football club. I will be picking the team at Oldham Athletic on Saturday and we go there looking for a win to keep up in the hunt for the Play-Off's."