The former Barcelona star - who is a free agent - was offered a deal to move to the King Power Stadium but is instead holding out for a big-money move to China
Brazil legend Ronaldinho rejected a move to Premier League leaders Leicester City, according to Mundo Deportivo.
The former Barcelona star has been without a club since leaving Fluminense in September, and the Foxes were keen to add him to their squad as they push for an unlikely title triumph.
But the 35-year-old was not keen on a move to the King Power Stadium and is instead holding out for a big-money move to China after a series of big-name players transferred there in the January window.
- Goal