Sérgio Conceição has declined Fenerbahçe's offer to become the club's head coach, opting instead to pursue a managerial position in one of Europe's top five leagues.

The Portuguese manager spent seven years at Porto, where he won three Primeira Liga titles and four domestic cups. Conceição's rejection leaves Fenerbahçe searching for a replacement as the Istanbul club prepares for the new season after finishing second in the Süper Lig.

Conceição is now weighing opportunities across the Premier League, La Liga, Serie A, Bundesliga and Ligue 1 as clubs finalize their coaching hires. Fenerbahçe is expected to announce its next coaching target in the coming weeks.