Luiz Felipe Scolari ended his contract as Brazil's coach after the host nation lost their first (and hopefully last) back-to-back losses in their own home stadiums since their humiliating 1940 World Cup campaign.

Scolari failed to regain their pride after losing yet again 3-0 in against Netherlands in the third place play- offs last Saturday.

It will be remembered that the coach was also responsible for the drastic line up during their semifinals match against World Cup champions Germany, which ultimately ended in an embarrassing 7-1 defeat.

Some say it may be caused by captain Thiago Silva and talisman Neymar's absence, but Scolari fully took the blame after the semifinal and even for placing fourth in the World Cup.

Now, the Brazilian Football Confederation duly confirmed the 65-year-old coach's resignation after a meeting that took place between Scolari and the president, Jose Maria Marin.

'Coach Luiz Felipe Scolari and his fellow coaching staff surrendered their positions to the board of the Brazilian Football Confederation,' a CBF statement said.

'The resignation was accepted by president Marin, who was keen to thank all the coaches and players and, by extension, the Brazilian fans for their support throughout the World Cup campaign.

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

'I will be remembered as the coach to lose 7-1, but I knew that risk when I took the job,' Scolari said even before the third place games. 'The person who decided the line-up, the tactics, was me. It was my choice.'

Nevertheless, the coach was also responsible for Brazil's 2002 World Cup championship win. However, even Scolari agrees that his tactics may be a little outdated, and Brazil deserved a new way to fight in the football scene.

The replacement coach is still unknown, however.