Brazil's football confederation will not renew national coach Luiz Felipe Scolari's contract, local media reported early yesterday, just hours after Germany defeated Argentina to win the 2014 World Cup.

Scolari said that he would let the CBF decide his fate after his team lost the game for third place 0-3 to the Netherlands on Saturday, and after being crushed 1-7 by Germany last Tuesday.

Tuesday's performance was the country's worst defeat since losing the 1950 final game to Uruguay in a tournament held in Brazil, a black mark on the nation's psyche known as the Maracanazo.

Scolari, best known by his nickname Felipao, led Brazil to a World Cup victory in 2002 in Japan. He took over the team in December 2012, just before Brazil hosted the Confederations Cup.

Brazil won that tournament, seen as a dress rehearsal for the World Cup, beating 3-0 reigning champion Spain in the final.

Brazil then began preparing for what it hoped would be a sixth World Cup trophy and it first Cup victory at home only to fail spectacularly.