At the moment, we still have a (slim) chance of staying up. Whilst that is the case Warnock deserves to stay after his efforts last season and for getting us 2 points from safety with 27 still to play for.
If by some miracle we do stay up then we would get a higher calibre manager than if we go down.
Unless we end up giving it to bellers anyway, in which case get rid now and hope for the best!