Caretaker boss Russell Milton will remain in charge of Cheltenham Town until the end of the season along with acting assistant manager Steve Elliott.
The duo will be supported by a more experienced figure and a shortlist has been drawn up, with an appointment expected next week.
The board met on Monday morning, giving the matter thorough consideration.
“The difference at Whaddon Road on Saturday (2-1 home defeat by Bury) was like chalk and cheese when compared to the previous home game,” chairman Paul Baker said.
“The fans were absolutely fantastic and I would like to thank them because it didn’t feel like a loss.
“We wanted some continuity and we want more of the togetherness we have seen in the past few days, so Russell and Steve will be retained until the end of the season.
“We will also be recruiting a third person to join then, a football consultant, or potentially a director of football.
“The exact title will be confirmed, but the most important thing is the person we bring in. Steve and Russell don’t have a huge amount of managerial experience, so we want someone who has a lot of it so they can bring that to the party.”
Cheltenham will talk to the candidates over the next couple of days, with a view on conducting an interview process next week and Milton will be included in the panel of interviewers.
“Russell and Steve and really keen to take the team on and ensure survival,” Baker said.
“The added experience will help them and we have also agreed a budget to bring in two or three more players, with a few names already identified.”
An experienced central defender will among Milton's priorities, with teenager Lloyd Jones returning to parent club Liverpool after six weeks on loan with the Robins.