Reports emerged on Wednesday suggesting the former Palmeiras coach would return to the dugout imminently.
Jose Maria Marin, the President of the Brazilian Football Confederation, said an announcement would be made on Thursday, more than a month earlier than it was originally said the decision would be made.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.