Jesse Marsch has pulled out of the running for the Leicester City job, according to The Telegraph.
The 49-year-old has reportedly taken this decision after a conversation with his coaching staff.
He has been out of work since he was sacked as Leeds United manager in February.
The American boss came close to becoming Southampton’s boss but the talks ultimately broke down over the length of the contract.
Marsch was reportedly in line to take over Leicester after they sacked Brendan Rodgers following the 2-1 defeat to Crystal Palace earlier this month.
The Foxes have lost their last two league matches since Rodgers was axed and are desperate to find a permanent replacement.
Marsch was close to being appointed and was due at their training ground on Saturday.
However, after a conversation with his coaching staff, the American boss withdrew from the talks.
He reportedly believes the Midlands club need a different kind of manager next season if they are relegated to the Championship.
Leicester are currently 19th in the standings, two points off safety. They were beaten 1-0 at home by Bournemouth over the weekend.
The Foxes have a tough fight to maintain their top-flight status. They face their most difficult fixture this week as they travel to the Etihad Stadium to play Manchester City.
Their remaining run-in fixtures include a home clash against Liverpool and an away trip to Newcastle United.
- Guardiola insists Man City ‘will give everything’ to lift FA Cup trophy
- Bordeaux vs Rodez Ligue 2 match abandoned: Fan-player altercation leaves striker Lucas Buades concussed
- Sergio Ramos set to leave PSG at the end of the season
- Chelsea plot a midfield revamp with Manuel Ugarte and Moises Caicedo
- Juventus eye Man Utd target Rasmus Hojlund to replace Dusan Vlahovic