Strachan has been a success at Southampton

Newspaper reports claimed Leeds chief executive Trevor Birch was targeting the Saints boss to fill the vacant manager's post at Elland Road.

"I would be surprised if Trevor Birch changed his mind and made an approach," Lowe told BBC Radio Solent.

"Why would Gordon want to leave a club that is ninth in the table and solvent for an insolvent club at the bottom?"

Lowe added: "The only thing we have heard from Leeds is their chief executive Trevor Birch ringing up last week to say there is nothing in it.

Feature Why would anyone want the Leeds job?

"Gordon is under contract here, it is just a lot of speculation."

Strachan remains a Leeds hero after captaining them to their last championship win in 1992 and has led a rejuvenation at Southampton.

Has the world gone mad, why on earth would Strachan want to go to Leeds? Worse team, no money, idiots in charge. From jamie thesaint Have your say on 606

The Scot guided Saints into the Uefa Cup this season after they reached the FA Cup final last term.

His contract at St Mary's runs out at the end of the season and negotiations on a new deal are understood to be under way.