UPDATE (5:24 p.m. ET): Leicester City released a statement clarifying that it has not fired manager Nigel Pearson, despite multiple reports to the contrary, which the club called "inaccurate and without foundation."
Earlier, multiple outlets reported that Leicester had parted ways with Pearson just one day after he appeared to choke a Crystal Palace player who had collided with him along the sideline during a game.
The news of the departure came just two days before the club's match against Arsenal.
Pearson downplayed the tussle with opposing midfielder James McArthur, which took place during Leicester's 1-0 defeat at the hands of Palace on Saturday. Pearson said McArthur "said something" to him that caused him to grab McArthur's jersey as the player stood up.
In November, Pearson was fined 10,000 pounds for engaging in an altercation with a Leicester City fan.
The Foxes are in 20th place in the 20-team English Premier League, with a record of 4-5-15.
Pearson has been the Foxes manager since 2011, when he took over from Sven Göran-Erickson. Pearson is in his second stint as the club's leader, also helming the team from 2008 until 2010. He managed Hull City for the 2010-11.
After finishing atop the Championship League in 2013, the Foxes were elevated back to the Premier League for the first time since the 2003-04 season.
- Will Green