Former Liverpool manager Rafael Benitez has been locked in talks with West Ham over a managerial move over the last month. However it is believed that the Champions League winner has now rejected the Hammers in favour of a bigger move.
Former clubs Liverpool and Real Madrid have shown interest in the Spaniard, who is keen to return to Merseyside.
According to Sky Italia, Benitez had a verbal agreement with the Londoners, but he the Napoli manager has backed out of a deal following interest from Real Madrid and Liverpool.
Benitez enjoyed a successful spell with Liverpool and has always been vocal about his love for the Merseyside club.