Joan Laporta pledges his commitment to Koeman continuing his managerial role.
The Barcelona head coach has been under immense pressure after a horrid start to the new campaign.
Their recent humiliating losses against PSG and Benfica have worsened their chances of going to the next round of the Champions League.
Due to Barcelona’s financial struggles, they had to let go Lionel Messi and Antoine Griezmann this summer.
Koeman is out of contract next summer but he would have the confidence of Laporta to continue his role at Camp Nou.
Laporta said: “Ronald Koeman will continue as the coach of Barca. We understand that he deserves a bit of margin for many reasons. He’s a Barca fan and legend for fans all over the world. He’ll stay on and deserves a margin of confidence.
“He loves Barca and decided to come here in a really tough time both institutionally and on a sporting front.
“After talking to him, I can see he’s got faith in the team.
“We spoke and it’s not true that we’ve got a tense relationship. It’s good and honest. I think we both think the same, to turn things around.”