Scolari resigns as Brazil coach post 2014 WC fiasco

Brazilian Football Confederation (CBF) has confirmed that Luiz Felipe Scolari has resigned from his post as Brazil's football team coach.

Scolari, who won the tournament in 2002, could not guide the hosts to bag the trophy on their home turf as they finished only fourth at the 2014 World Cup.

Brazil was thrashed 7-1 by Germany in the semifinals then lost 3-0 to Netherlands in the third place playoff, The BBC reported.

The CBF said in a statement that Scolari and his fellow coaching staff surrendered their positions to the board, adding that the manager and his entire coaching staff deserve their respect and gratitude.

The statement said that Scolari and his coaching staff were responsible for returning to the Brazilian people their love for the national team, despite not having achieved their greatest goal.

Scolari's contract was set to expire after the tournament, but the CBF vice-president Marco Polo del Nero had last week offered the manager his full backing following the humiliating defeat to Germany.

However, Scolari himself had reportedly offered no assurances about his position in the wake Brazil's 7-1 loss to Germany and termed it as the worst day of his life.