Let's play "Spot the MON"

Just read The Guardian site updated 5 minutes ago stating that O'Neill has turned it down but had considered coming back

http://www.guardian.co.uk/football/2011/oct/26/martin-oneill-rejects-leicester-city?newsfeed=true

has ruled out a return to Leicester City, after deciding that it would be a mistake to go back to a club where he enjoyed five years of unprecedented success. The Northern Irishman had refused to dismiss the idea initially and was giving serious consideration to finding out more about the club's potential under their Thai owners but, after weighing up the pros and cons, O'Neill has come to the conclusion that returning would be a risk not worth taking.

O'Neill's decision will come as a disappointment to Leicester supporters, although many will have felt that it was always going to be difficult to tempt back a manager who has been holding out for a Premier League job since he left Aston Villa on the eve of last season. O'Neill, who had been installed as the favourite for the Leicester position as soon as Sven-Goran Eriksson was sacked on Monday, recently said he was not interested in taking charge of Northern Ireland because he was hoping to return to club management.

While O'Neill waits for the right opportunity, Leicester will continue finalising a shortlist for what is viewed as one of the most attractive positions in the Championship. "I have to open my mind now. It is not just what the news or fans want," Aiyawatt Raksriaksorn, the Leicester vice-chairman, said. "I have to listen to everyone and make a decision very carefully. The next manager should be taking us to the Premier League and I think he has to know this league because it's very tough, very tight."

Those words would appear to rule out Mark Hughes and Paul Ince, who have both been linked with the position but have not worked in the second tier. Roy Keane, who won promotion from the Championship with Sunderland, is interested in the job and it is understood that Brian McDermott, the Reading manager, is highly regarded. Simon Grayson, the Leeds United manager and a former Leicester player, and Lee Clark, who has impressed at Huddersfield Town, have both dismissed speculation that they are in the running

Not surprised. He gave the same reason when he turned us down before Sven became manager.

Fair play to him - he's basically not willing to risk his reputation with the Leicester fans an you have to respect him for that.

I'd like to see him given a role at the club when he leaves football management though, even if it's just in an advisory capacity.