The Dane has been heavily linked with a move to Spain recently.
The Dane is happy managing in Qatar at present.
Leeds United are once again searching for a new manager after Garry Monk's departure.
The former Swansea City duo are exactly what Rangers need.
The Dane's brother Brian is a legend at Ibrox and Rangers would be getting a quality manager.
Brendan Rodgers, David Moyes and Michael Laudrup are among the familiar names being linked with Steve McClaren's job at Newcastle United.
Former Swansea City manager Michael Laudrup was reportedly being targeted by West Ham United and Newcastle United.
Ex-Newcastle United defender Steve Howey has suggested his old club may struggle to attract Michael Laudrup as their next manager.
Michael Laudrup spent close to two years in charge of Swansea City before being sacked in February 2014.
Laudrup is interested in a return to the Premier League, should Newcastle or West Ham approach him.