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Published 11:20 26 Feb 2017 GMT
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The former Republic of Ireland manager rescued the club from relegation in his first season in charge, before reaching the playoffs in culmination of his third season.
But the team have regressed.
McCarthy is dealing with an extremely limited budget, particularly so compared to the big spenders in the league such as Newcastle United and Aston Villa.
The 58-year-old has said that if he had the money to spend on trying to get promoted, and failed in his task, he'd walk away.
"I said to Marcus (Marcus Evans - Club Owner) 'if somebody said here's a team, and we spend a 100 million quid on it, and we expect to get promotion or you will be gone at the end of the year', I would be more than happy to have that. To have that pressure," McCarthy told The Sunday Times.McCarthy only has one year left on his contract and he suggests that if the fans continue to be unhappy with his role, then something will have to change.
"I want to know if we can be competitive, can I be competitive, and if I'm going to be here that the club's going to be happy with that. "The fans are the ones that dictate it. I love doing this job and I give everything for it , but me turning up on August 7 going 'Hello' and they all go 'f*** off, we don't want you' - that's not going to be any good to anybody."Catch up with this week's episode of 888sport Football Friday Live
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