Malky Mackay's future as Cardiff City manager looks secure for the time being after the club's Chairman Mehmet Dalmo - declared "Malky is in charge for the foreseeable future and will be until something else happens."
Dalman has called for the need of structured and open dialogue to commence between Mackay and Tan, with a view to find the best possible outcome for all concerned.
“My definition of diplomacy is to create space for dialogue,” he said.
“I have spoken to Vincent Tan and he has agreed I can go into bat to try to bring a solution to this situation.
“The important thing is that we try to find a way through this predicament. There’s goodwill on Vincent’s side.
"I’ve not had a chance to talk to Malky just yet, but I will obviously do that as well.
"We need to have further dialogue to see if we can get through this together for the good of the club, which is the most important thing.
“We managed to create space for everyone to work together back in October and we have to see if we can do that again in order to move forward. At least we have a platform for dialogue, which gives us an opportunity to try to work our way through this.
“If we wish to work towards a reconciliation, Vincent Tan has offered us that opportunity to move towards that. If it works, it works. If it doesn’t, it doesn’t. But at least I as a responsible person and Chairman of this football club have tried my best.
"I’m not taking sides in this, I’m just trying to do my best for the good of the club. Let’s see if we can fix it. We can’t keep having the club under a cloud, so this is it.
"We managed to get two or three months leeway last time and we need to create something similar again. I’m not putting a time scale upon this, but we have to try.
“If we want to find a way forward, we now have a platform, a base, from which to work,” he continued. “This is a crucial time in the Premier League. Every point counts and we are better off going for stability.
"So if we want to give the club the best chance of being in the Premier League next season, the best way is to fix the problem and seek stability.
“In order to do that, it’s best we have an attempt at dialogue. Vincent Tan is in London for a while, so at least he is physically here which makes it easier to have that face to face dialogue.”
“I can tell you categorically that I, as chairman, have not initiated any dialogue with anybody else (about taking over from Mackay). Can we go out and get another manager? Of course we can.
"But I’ve read and heard so much nonsense about us speaking to four different candidates and that sort of thing. It’s simply not true.
“What I do have is Vincent’s word that if we don’t succeed with our dialogue with Malky, I and the board will be handed the responsibility of going out and getting the manager we think is best to take the club forward.
“As things stand Malky is in charge for the foreseeable future and will be until something else happens. I don’t want to go game by game on this, with people asking if he will be in charge.
“If I had one wish for Boxing Day, it’s that they don’t hold up ‘Tan Out’ or ‘Malky In’ banners, but rather one that says ‘Talk to each other’.
“The crisis for the time being is over. The emphasis as of today is for us to create space and dialogue.”
Malky Mackay says he will remain as Cardiff City manager "if it's got anything to do with me."
The Scot was speaking at a press conference following his side's 3-1 defeat at Liverpool, which came after intense speculation surrounding his future.
It emerged on Thursday that he had received an email from the club's Malaysian owner, Vincent Tan, telling him to resign or be sacked.
When asked whether he expected to remain in charge tomorrow and through the Christmas period, he said: "I will be if it's got anything to do with me.
"I won't be resigning as the manager of the football club. I'm proud of the job I've got here.
"I'm proud of the association I have and I couldn't look myself in the mirror to resign and walk away from the people that work for me - our training ground staff, our coaching staff, the staff at the stadium, that group of players there that I've got so much respect for."
And after losing to the Premier League leaders, the Scot also reiterated how proud he was of his players.
"I am proud of the way the players came out and showed great courage and belief in their ability in the second half and pushed Liverpool back - scored one (goal), had three or four other chances inside the six yard box and really were on the front foot," he said.
"I'm very proud of them for that and also the way that we then allowed our fans to really enjoy the second half in terms of making a game of it."
Cardiff City's next game is at home to Southampton on Boxing Day.
Malky Mackay has refuted suggestions he is about to resign as manager of Cardiff City. It follows a dramatic few days in which it emerged Mackay had been told in an email by the club's Malaysian owner Vincent Tan to resign or be sacked.
In an interview with BT Sport following Cardiff City's 3-1 defeat to Liverpool at Anfield, he said: "I absolutely won't be resigning from the football club.
"I am a proud, passionate man to lead this football club and lead this team - I have done for two and a half years and my staff, my players...I certainly couldn't look at myself if I was to resign on those people.
"I won't be walking away... I'm proud to be the manager of Cardiff City," he said.
Cardiff manager Malky Mackay is focusing on "doing his job properly", despite facing the prospect of imminent dismissal.
Bluebirds owner Vincent Tan sent Mackay a detailed letter on Thursday which concluded with him ordering the Scot to resign or be sacked.
The manager arrived at Anfield on the team coach and insisted he was concentrating on the match.
Mackay gave a thumbs-up to the supporters waiting to greet him as he stepped off the coach before disappearing into the stadium.
"My duty is to my team, coming up against a team like Liverpool, the focus is on the job in hand," he told BT Sport prior to kick-off.
On the support he has received from fellow managers and fans, he added: "It's been quite humbling, a lot of people in a very good position have said some nice and kind things. It's nice to hear but I need to make sure I do my job properly."
When asked if he had a message for the fans, he said: "The message doesn't change. Support your team, get behind the team."
The future of Cardiff City manager Malky Mackay remains in doubt this morning, after the club's owner Vincent Tan sent Mackay a detailed letter by email on Monday, which concluded with the Malaysian ordering the Scot to quit the club or face being sacked.
Details of the email emerged on Thursday.
The former Watford boss has travelled to Liverpool with his squad for what could be his last game in charge.
Discussions between club directors took place throughout Friday, with Tan flying into the UK from Malaysia in the evening.
It's understood chairman Mehmet Dalman met with Tan in London on Friday night to discuss the situation.
Mackay regards Dalman as a close ally having helped him through the loss of Head of Recruitment Iain Moody in October.
But it is believed relations between Tan and Mackay have deteriorated to such an extent that there is little chance of the Bluebirds' boss escaping the axe, despite Dalman's attempt to intervene.
Earlier on Friday, Mackay had failed to attend a press conference to preview the Liverpool game, with his assistant David Kerslake being sent in his place and refusing to offer any information on his boss' predicament.
Tan's email to Mackay had outlined his grievances with the former Watford boss at great length.
Within it Tan was highly critical of Mackay's signings, style of play, results and record as a manager.
Mackay, who led Cardiff to the 2012 League Cup final before securing the Championship title last term, has previously stated he would not resign from his position, and it is believed it could cost Tan somewhere in the region of £3m to sack him with his contract running until 2016.