UCF head coach George O'Leary denied reports that he would step down after the Knights' season-opener game in Ireland against Penn State, according to theOrlando Sentinel.

"I don't know anything about that stuff and where that came from," O'Leary told theSentinel late Saturday. "I never spoke to anybody fromFox or anybody. I don't have any idea what that's about."

On Saturday night, Fox Sports reported that O'Leary may be considering stepping down after the Aug. 30 game against Penn State in Ireland.

Sources reportedly told Fox Sports that O'Leary's protege, assistant head coach Brent Key would take over as head coach. There has long been speculation that when O'Leary retires, Key would take over.

However, UCF Athletic Director Todd Stansbury said through a spokesperson that such a discussion has not taken place as of yet.

Key was promoted to assistant head coach in February.

In May, O'Leary signed a contract extension through the 2017 season, and he would earn more than $2 million annually.

George O'Leary has been the football program's head coach at UCF since 2004, and took UCF to a Fiesta Bowl victory in 2014 against Baylor.