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Rio de Janeiro, Jul 14 (EFE).- Luiz Felipe Scolari resigned as coach of Brazil's national team in the wake of the squad's 7-1 loss to eventual World Cup winner Germany in the tournament quarterfinals, the Brazilian soccer federation said Monday.
The other members of the team's coaching staff are also stepping down, the federation, known by the Portuguese initials CBF, said in a statement.
Federation president Jose Maria Marin thanked Scolari for "giving back to the Brazilian people their love of the national team."
Scolari's first stint as the national coach included the most recent of Brazil's five World Cup championships, in 2002.
The CBF brought him back in late 2012 to guide the squad through this year's World Cup competition in Brazil.
Since then, the national side has posted a record of 19 wins, 6 ties and 4 defeats, including the crushing loss to Germany and a 3-0 defeat at the hands of the Dutch in last weekend's third-place match.
Some media outlets suggest the CBF is weighing what would be the unprecedented step of hiring a foreigner to succeed Scolari at the helm of the national team.
Marin plans to hold a press conference Thursday to discuss Scolari's departure, the CBF said.