Ex-Roma coach Ranieri turns down Spartak Moscow
The former Chelsea manager has been out of work since his dismissal earlier this year.
Ranieri met with Spartak director general Valeriy Karpin in London on Friday.
However, he turned down the offer to come to Moscow and join Zenit St Petersburg boss Luciano Spalletti.
It is instead believed Ranieri is waiting for an offer from a Premier League club.