Mark Hook expects to tie manager Alex Pike to a new deal within days.
The Borough chairman thought he had already secured the services of the manager who took his club to Wembley in the FA Trophy final when the club released a statement to that effect on Sunday evening.
Pike, however, refuted a claim that he had accepted terms to remain at Privett Park and insisted he had not reached any agreement over his future yet.
But Hook believes a deal will now be struck when the pair meet for further discussions today, with the chairman believing those talks will be a formality.
Hook said: ‘I am 99.9-per-cent sure it will be done today or tomorrow.
‘We have just got to clarify a few minor points because both of us want to take the club forward and it’s how we do that for the benefit of the club.
‘It was down to me that the statement was released because I thought everything had been sorted.
‘But myself and Alex are spending the day together and I would be confident we will be able to thrash out a deal in that time.
‘There are no show-stoppers, as far as I’m concerned.
‘We want Alex to remain at Gosport Borough and I am confident that will happen.’
Although Pike has been the subject of interest from two clubs this summer and his future was up in the air, he has begun the process of forming next season’s squad.
Experienced striker Tim Sills – the man who scored the FA Trophy semi-final goals that took Borough to Wembley – has been told he will not be offered a new deal.
Veteran midfielder Sammy Igoe and reserve goalkeeper Gareth Barfoot have also been released, while defender Ian Richardson has retired.
Pike said: ‘We want to play a pressing and high-energy game and we have got to have the players who fit that criteria.
‘Tim did brilliantly for me. He got us to Wembley but I have got an older team and I need to bring in some younger players.’
All the rest of the Borough playing staff have had contract options taken up, while skipper Jamie Brown is in negotiations on a new deal.