The new manager of the Brazilian National Team will be announced by Tuesday, reports Tim Vickery of the BBC.
Former manager Luiz Felipe Scolari resigned after Brazil's fourth-place finish in the 2014 FIFA World Cup.
Brazil won Group A, but star Neymar was injured in the quarterfinal against Colombia and ruled out for the rest of the tournament. Brazil then lost 7-1 to Germany in the semifinal match, which Scolari described as "the worst day of my life."
The Daily Mail reported that Manchester City manager Manuel Pellegrini turned down an offer to become the new coach of Brazil.
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- Sarah Barshop