However, it is thought the 69-year-old was just one potential candidate spoken to in the search for Claudio Ranieri’s replacement.
And acting boss Craig Shakespeare could stay in charge until the end of the season if results continue to improve.
But there were also reports linking former Manchester City manager Roberto Mancini for the position but the Italian has ruled himself out of the running and also praised the job done by sacked coach Claudio Ranieri.
Mancini spoke with the aid of an interpreter.
Ranieri was sacked on 23 February, nine months after winning the title.
The Italian departed with the Foxes just one point above the relegation zone.
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