Notts County chairman Ray Trew says it would be pointless giving manager Martin Allen a longer contract.
Allen, who was appointed in April, has a rolling 12-month deal at Meadow Lane.
But Trew called BBC Radio Nottingham's Matchtalk football phone-in programme on Monday and told fans that Allen would not be offered a longer deal.
"I'm happy and he's happy. Certain contracts are not worth the paper they are written on. If a manager wants to go he will go," said Trew.
"Is it [a long-term contract] worth it? Does it make any difference? No, I don't believe it does."
Notts currently occupy the final play-off spot in League One, despite not having won in three matches.
Trew also suggests that Magpies supporters should not get too frustrated at what some perceive as a lack of ambition in the transfer market.
"Fans keep saying that we have a very low budget but we have a top-eight budget in that division," added Trew.
"We have a bigger budget than MK Dons and that puts things into perspective."
You can hear Matchtalk on BBC Radio Nottingham every Monday evening at 1800 GMT.