Jelavic claimed last week that Manchester United were interested in his services.
“I don’t think Jelavic will leave this summer,” said Smith.
“I don’t think it would be the brightest thing for the new owner to sell one of our best players – especially when everyone expects him to spend money.
“He just gives us something different up front – something we’ve never really had before.
“Kris Boyd could score, Kenny Miller could run through defences and, in the later stages of his time at Rangers, he was scoring a lot of goals as well, but Jelavic gives us a mix of everything. He can run through, he can link up, he can score and it has brought a different dimension to the team.”
