Wayne Bennett refuses to stand down from Broncos

Brisbane coach Wayne Bennett admits there is still a possibility he could be sacked by the Broncos after throwing a curve ball and refusing to stand down from the NRL club.

The on-again, off-again coaching swap with South Sydney's Anthony Seibold stalled again after Bennett announced on Friday he would remain at Red Hill in 2019 following a meeting with players and staff.

Speculation was rife on Friday that Bennett would end his 25-year association with Brisbane and walk away after South Sydney had aggressively pursued a release for 2019.

Momentum toward what loomed as a swap then gathered when Bennett called in staff and players for a 12 noon AEDT meeting at Broncos headquarters.

The Rabbitohs and Broncos were even believed to have thrashed out financial terms for the swap to go ahead.

In another twist, Seibold was reportedly set to be unveiled on Friday afternoon as Broncos coach for 2019 with a 1600 AEDT press conference apparently planned.

But the wily Bennett had other ideas.

"I have been terribly consistent with it and nothing has changed today," he told a media scrum at Red Hill.

"I have informed players, staff and the CEO that I am staying. I will honour my 2019 contract which was always my plan."

Yet Bennett admitted he could still be sacked by the NRL club.

If Bennett is shown the door, it is believed the call will come from Broncos owners News Corp and not the Brisbane club's hierarchy.

"There is a possibility. There is always a possibility. I am in that type of game - I don't know, ask them," Bennett said.

The swap had been mooted for months after Bennett confirmed he would coach at South Sydney on a two-year deal from 2020 - the same year Seibold had agreed to mentor Brisbane on a four-season contract.

Asked why he was staying, Bennett said: "The players, staff I work with, the fans. I just felt I would be letting them down if I left a year before I should.

"The (2019) Souths move was never instigated by me.

"I did a contract with Souths for 2020 and 2021. We never talked about '19.

"It started when I was overseas (coaching England) and I got drawn into it."

Bennett had butted heads with Broncos chairman Karl Morris and CEO Paul White this season, publicly criticising them over their handling of the club's coaching transition.

But the Broncos mentor claimed there was no longer any ill feeling with the board and was committed to reporting to his first official pre-season training session on Monday.

"I don't think I have been critical of them publicly. I think I have said things the way they were," he said.

"But that's all behind us now, we are all moving on, we will be one.

"We will try and be the best team we can be."