 Time has run out on Parreira's third stint as Brazil coach |
Brazil coach Carlos Alberto Parreira has resigned following his team's failure to win the World Cup. The pre-tournament favourites were knocked out at the quarter-final stage, losing 1-0 to France in Germany.
A Brazil statement read: "The coach says he needs to dedicate time to his family after four years leading the Brazilian national team."
Parreira, 63, led Brazil to a fourth World Cup win in 1994 and took control for his third stint in charge in 2003.
He was also Brazil coach for one year during the mid-1980s and has also managed three other teams at the World Cup - Kuwait (1982), United Arab Emirates (1990) and Saudi Arabia (1998).
Among his other honours with Brazil, Parreira also won the 2004 Copa America and the 2005 Confederations Cup, on both occasions beating arch-rivals Argentina in the final.
Former Real Madrid coach Vanderlei Luxemburgo, who was in charge of Brazil from 1998 to 2000, and former Sao Paulo and Peru boss Paulo Autuori are the favourites to take over from Parreira.
The statement continued: "It was a joint decision and Parreira will no longer have any connection with the Brazilian Football Confederation."
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