Roberto Mancini currently has no desire to talk to Leicester about the vacant manager's job, according to Sky Sports.
Sources in Italy have told Sky Sports News HQ that the Italian, sacked by Inter Milan last summer, did not particularly enjoy his experience at the Foxes as a player on loan in 2001.
It is understood that Mancini has been "sounded out" by intermediaries representing the reigning Premier League champions, currently one point above the relegation zone, even though there was no formal approach.
On Friday morning, Mancini tweeted: "I am sorry for my friend Ranieri. He will be in the history of LCFC, in the hearts of Leicester fans and all football lovers."