Djokovic, chairman of the Player Council, led a revolt against ATP president Chris Kermode and a vote was passed to make the Brit leave his position at the end of the year.
Federer and Nadal have voiced their concerns over the ousting while at Indian Wells.
And the ATP have now released a statement in an attempt to put the situation to bed – which is unlikely to happen.
“Following recent comments, coverage and speculation, the three Player Board representatives have decided to clarify a few matters related to the roles of the Player Board representatives, the Player Council and the Council’s president in the President / Chairman vote taken last week,” the statement begun.
“While it is somewhat surprising to see the amount of coverage dedicated to this internal governance decision, it has been disappointing to see the decisions and suspicions that have been stoked in that coverage.
“All members of the Player Council. including the 10 current players, as well as the three Player Board representatives, have spent months discussing and debating the merits and concerns with renewing Chris’ contract.
“We should not minimise the commitment and sacrifice of this Player Council to give back to their Tour and the sport they care deeply about – the time and effort that have dedicated to preparing for meetings, talking with the wider player group, debating late into the night just days before big tournaments commence, and discussing all matters consistently via emails and WhatsApp chats.
“This decision was also made while communicating with players, tournament members, ATP staff and management, senior stakeholders in the game, CEOs and chairmen of other sports, as well as our fellow board members.
“It is worth adding at this point that have heard in recent days that some of our greatest icons are interested in re-entering the political conversations and helping us and the council guide the next phase of this sport’s growth.
“This is fantastic news and all of us welcome them and their unique perspectives.
“The player side and the whole ATP Tour benefit greatly from the commitment of players and the recent engagement of so many top players, which has helped the function and profile of the Player Council.
“In the end however, the Player Council, in consultation with the Player Board representatives, decided that the Play Board representatives were vest placed to make the decision on behalf of the player membership.
“The there Player Board representatives voted not to renew Chris’ contract and so, in accordance with the ATP bylaws, the renewal did not pass.
“To be clear, this was not a decision made or driven by one of two individuals’ personal beliefs or agendas.
“While the Tour has had strong five years, we felt that the time was right to look to a new leader for the future.
“Legends are still gracing our courts, the young guns are disrupting the order and engaging fans in new ways, the tournaments remain a must-experience and must-attend events.
“We are confident a new leader will augment our strengths, develop new value and overcome the challenges we face and will face going forward.
“We now look forward to working closely with the Player Council, our icons, the tournament membership, the management and a carefully-vetted executive search firm to identify, evaluate and secure the services of the individual who will succeed Chris.
“We hope this allows the focus to now solely be on this incredible tournament and the amazingly talented players competing in one of our most important events.
“We all love and believe in our sport and look forward to the next chapter for tennis and the ATP.”