The former England coach knows the axe is hanging over him but he has been handed a stay of execution because the club are struggling to find a replacement.
And McClaren is having to suffer a long, lingering death with managing director Lee Charnley tonight no nearer to bringing in a replacement.
Former Manchester United and Everton boss David Moyes is favourite but the Scot has reservations about the job and Newcastle’s perilous league position.
Newcastle have also discussed approaching former Liverpool manager Rafa Benitez, out of work since being sacked by Real Madrid.
The Spaniard is living on the Wirral and would be interested, although it is uncertain whether he would want the job on a permanent basis or just until the end of the season.
McClaren spent eight hours at the club’s training ground today, leaving just after 4pm following a meeting with his own backroom staff.