Téléfoot report this morning that Leonardo Jardim had received an offer from an unnamed English side in recent days, but decided to return to Monaco to attempt to save the Principality club from relegation to Ligue 2.
This mysterious offer is not adjudged to have been from Leicester City, who had however placed the Portuguese technician on their shortlist to replace Claude Puel, were the Frenchman to face the sack.
Jardim will receive €4m a year net on his new 2.5 year Monaco contract, the same amount he was earning before he was sacked, on top of the €8m in severance pay that he received for being sacked in the middle of last October.
The return of Jardim also marks the renewed power of Jorge Mendes on the Principality, who is responsible for the imminently confirmed arrivals of Gelson Martins (Atletico Madrid) and Carlos Vinicius (Napoli).
Monaco continue to advance on Lille midfielder Thiago Mendes (26), with just hours remaining of this January window.