Carver was widely expected to be sacked after the Magpies' eighth successive defeat at Leicester on Saturday left them two points above the Premier League relegation zone.
In a chaotic aftermath Carver had suggested defender Mike Williamson had deliberately got himself sent off, then admitted: "There's a chance they (the players) are just not listening to me."
With speculation mounting, Newcastle were left in the unusual position of issuing a short statement in which they maintained that Carver would stay in charge for next week's game against West Brom.
The statement read: "Following the result at Leicester City on Saturday, there has been two days of frank dialogue with John Carver and senior players.
"The outcome of those discussions is that the board, John Carver, his staff and players are absolutely focused on our current situation and the three hugely important fixtures that remain this season, two of which are at St. James' Park.
"All parties accept responsibility for the current situation but are determined, together, to ensure this club - your club - retains its Premier League status.
"That is the only focus at this time."
Newcastle felt they were left with no option but to continue to support Carver after their preferred successor, Derby boss Steve McClaren, reportedly rejected the chance to step in for the last three games.
The latest twist in an increasingly sorry saga comes one day after Williamson issued a statement denying Carver's accusations and making a series of apologies from which Carver's name was noticeably absent.
Fans reacted with astonishment to the club's statement, with many taking to social media to express their fears that the decision to stay loyal to Carver could cost them their top-flight status.