North Queensland's nightmare season has culminated in a high-powered board meeting scheduled for Friday to determine why they have become NRL cellar-dwellers.

Club chairman Laurence Lancini this week refused to guarantee anyone's position at the club, including chief executive Peter Parr and coach Neil Henry who is two seasons into a five-year deal.

It's understood Henry's deal includes a clause to terminate the final year should he fail to get to the finals in four seasons.

"In the world we live in, nothing is guaranteed," Lancini told Rugby League Week when asked how secure Parr and other coaching staff members were.

While the Cowboys have again been ravaged by injury and suspension, their return of just five wins from 21 games could lead to an explosive board meeting.

Henry, who has failed to get the Cowboys to the finals in his two seasons since replacing Graham Murray, has had some misfortune on the field but has had a playing roster which includes Johnathan Thurston, Luke O'Donnell, Matt Bowen, Willie Mason, Aaron Payne, Willie Tonga, Carl Webb and Scott Bolton, who was considered for Queensland State of Origin selection this year.

The pressure was evident this week when Parr was contacted about his position at the club and the looming board meeting.

"Who told you there was a board meeting on Friday?" he steamed.

"Whoever told you is going to be in big trouble."

Parr, who is one of the NRL's most respected chief executives, said he's been doing everything in his power to put the Cowboys into a strong position.

"If the board isn't happy, they can move me on," Parr told the Courier Mail on Thursday.

"The club is financially sound and no one complained about our playing roster when it was assembled before the season.

"This is a pretty tough industry and I am doing my job to the best of my ability."

The Cowboys, who have recruited Warriors centre Brent Tate and Brisbane pair Ashton Sims and Antonio Winterstein for 2011, have refuted rumours they are trying to off-load Origin centre Willie Tonga who has two more years to run on his contract.

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