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Although today’s news from South America claimed that a big race was being formed for Manuel Pellegrini, maybe he will just stay where he is for now.

Bio Bio Chile claimed that the Chilean national team, Leicester City and West Ham would all make competition for the boss, but Calcio Mercato comes up with disappointing news this afternoon.

They say that despite Leicester’s informal contacts to sign Pellegrini, the manager is more likely to stay in China for one more year.

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When Bio Bio Chile mentioned Leicester City’s talks for the manager, they couldn’t claim whether the info was exclusive or not. But Calcio Mercato does the opposite, and say they know about these contacts.

The Italian website claims that Pellegrini is too focused in the Chinese league to negotiate now, and that’s why the Foxes have only made informal approaches.

And the response from people close to him wasn’t encouraging. It’s said that unless an European club ‘with more prestige’ comes for him, ‘like Milan’, then the manager will stay in China until the end of his contract with Hebei Fortune.

It’s safe to say that money is not something that would take him out from China, since his pockets are certainly pretty full after the move to Asia. So Leicester City would have to do something more to attract him.