Coyle's position is not thought to be under threat despite relegation, and he insisted the club is in a healthy state financially and will not be forced to sell their best players.
On his own future, he said: "That's not up to me. If Tim Ream's header goes in - you don't become a bad manager because somebody makes a save.
"I know the young players I've brought in and how good they're going to be. Regarding the players out of contract, it's not an issue because I've already sorted things out with one or two and there'll be some that are moving on anyway.
"Maybe in the past this club has paid far too much money to players. The plan we put in place was going to serve the club for years to come. The disappointment is we're out of the Barclays Premier League, but we'll come back bigger and stronger."