Managerial merry-go-round on hold as Capello heads to Brazil.
Fabio Capello has reportedly turned down the chance to take charge of PSG, instead opting to continue in his post as coach of the Russian national team.
According to La Gazzetta dello Sport, the former England boss had sent his son and agent, Pierfilippo, to the French capital to hold negotiations with club director Leonardo.
However, the parties failed to come to an agreement, and Capello has now reportedly turned down their offer as he prepares to fly out to Brazil to watch the remainder of the Confederations Cup.
It is believed that the French champions offered Capello a one-year deal, something the Italian wasn’t prepared to sign up for.
It comes following reports that the Parisians were eyeing the former Juventus and Milan coach as a mere stop-gap as they await Arsene Wenger’s deal at Arsenal to expire next summer.
Wenger has already dismissed speculation suggesting that he will leave the Emirates this summer, which leaves the Ligue 1 outfit in a difficult situation for the next 12 months.
As a result, Capello has told his son to decline the offer, as he believes he would have insufficient time to build a squad of his own and there would be a lack of job security for the forthcoming years.
The knock-on effect of his decision will be felt by his fellow Italian Carlo Ancelotti, who is waiting for the club to identify a successor in order to allow him to join Real Madrid.
However, it would appear that that dream is on hold yet again for the 54-year-old, with PSG having to look elsewhere to find a suitable replacement.