Leicester City have been linked with both Rafa Benitez and Dean Smith as they continue to search for Brendan Rodgers' replacement following Jesse Marsch's reported snub.
The former Leeds United boss was said to be close to reaching an agreement but informed Leicester on Sunday morning that he would not be taking over following talks with his coaching staff.
Marsch was sacked by Leeds in February following a seven-match winless run in the Premier League. He left the club after less than a year in charge, with Leeds sitting in 17th place, and only outside the relegation zone on goal difference.