O’Leary has been linked with a return to front-line management in recent weeks, three years after his abrupt dismissal from the Aston Villa job.
But he does not appear to be interested in the poisoned chalice of Newcastle, with the Daily Mail reporting that the 51-year-old has turned down a two-year contract at St James’s Park.
Making a Alan Shearer looking a bit 'sick', having put his reputation on the line in recent weeks touting himself for the job.