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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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.