Sunderland chairman Niall Quinn says there is no rush for Roy Keane to agree a new contract.
The Wearside club's manager has only a year of his current deal left to run, but both he and his former Republic of Ireland team-mate are relaxed about sitting down and discussing an extension.
Despite reports suggesting Keane was about to sign a new four-year deal, that is yet to happen as the former Manchester United captain prepares to return for pre-season training on Friday.
But Quinn says there is a trust between the two men and is confident talks will take place soon.
He said: "It's actually something that Roy and I don't talk about as much as perhaps the media or other people.
"Roy has been away a lot with his coaching course, but the players are back soon and as the whole thing gets going again, I'm sure we will sort that out.
persuaded him
"It is not an issue that has faltered - it has not even got going.
"But the great thing about Roy Keane and this situation is that there is trust in the air between us.
"There's a year left on his deal and we actually respect contracts at our level."
Keane took over at the Stadium of Light almost two years ago after Quinn persuaded him to launch his management career on Wearside.
The Black Cats won promotion from the Championship as winners at the first attempt and managed to secure their Barclays Premier League status after a long, hard fight last season.
Keane, who completed his UEFA Pro Licence during the close season, is currently working to strengthen his squad for the challenges which lie ahead having said he is determined to avoid another battle for survival.