After many called for his sacking, Luiz Felipe Scolari steps down as Brazil manager

The Brazilian Football Confederation (BFC) has confirmed that Luiz Felipe Scolari has tended his resignation as Brazil coach, a move widely supported by the Selecao fans after Brazil's humiliating crash out of the 2014 World Cup.

It is rumoured that Scolari resigned early Monday morning in the wake of Brazil's whopping 1-7 loss to Germany and a 0-3 thrashing by Netherlands in the semi-finals and third-place playoff respectively.

The exit of the 65-year-old, who lead Brazil to World Cup victory in 2002, was long expected following Brazil's first consecutive losses on home soil since 1940, failing to lead his nation to a record sixth trophy as Brazil settled for fourth spot in the tournament.

Scolari steps down as Brazil coach after the Selecao failed to win the World Cup on home soil

FIFA World Cup, World Cup 2014, Brazil, Germany, Luiz Felipe Scolari, Oscar

"Coach Luiz Felipe Scolari and his fellow coaching staff surrendered their resignations to the board of the Brazilian Football Confederation," read the official statement on BFC's website.

President Marin of the BFC accepted Scolari's resignation and went on to thank the Brazilian fans for their "love to the Brazilian national team throughout the World Cup campaign," as quoted in BFC's statement.

This move comes after the five-time champions suffered two embarrassing consecutive defeats; the 1-7 loss to Germany and the 3-0 defeat at the hands of Netherlands

FIFA World Cup, World Cup 2014, Brazil, Netherlands, Luiz Felipe Scolari

Leading to many Brazil fans to call for the 65-year-old coach's departure

FIFA World Cup, World Cup 2014, Brazil, Netherlands, Luiz Felipe Scolari

"Scolari and his entire coaching staff deserve our respect and gratitude. They were responsible for returning to the Brazilian people your love for selection, despite not having achieved our greatest goal."