West Ham chairman Terence Brown survived calls for him to resign at the club's Annual General Meeting at Upton Park today.
Disgruntled shareholders turned out in force to demand Brown step down over recent financial results which showed an £18.3million loss over the last five years.
But the re-election of the current board was carried by an overwhelming majority despite most of those present voicing their protest with a show of hands.
Brown said in a statement: "To have received an average of 99% support for all four resolutions following last season's relegation from the Premiership is very much appreciated by the board."
West Ham had refused to allow plotting shareholders from the Whistle group to put a resolution demanding the resignation of Brown, finance director Nick Igoe and managing director Paul Aldridge.
But the Hammers chairman failed to convince Whistle group spokesman Mike Hanna he had a viable plan for the future.
Hanna said: "He didn't say anything with any tangible degree of credibility. "Nothing I heard gave me any confidence this company can turn itself around under this management.
"Brown was asked six times what he has done to change things and he had no answers.
"He couldn't give us any reason why we should back his leadership. It was an acrimonious and difficult meeting for him."