Former Barcelona boss Pep Guardiola has been linked to a shock return to management with the Brazil national side.
Mano Menezes was dismissed from his role as Selecao coach on Friday, and Brazilian newspaper Lance claim a source close to Guardiola said he would "take the job tomorrow" if offered.
The 41-year-old, who won 14 trophies in four years at Barcelona, is currently on a sabbatical after leaving Camp Nou at the end of last season.
But despite Guardiola being linked with a host of European club jobs, Lance's source says the Brazil job appeals to him, and that he could guide the 2014 World Cup hosts to glory on home soil.
"The only team in the world that he would start coaching tomorrow is the Selecao. And he would be World Champion with Brazil," the source is quoted as saying.
Meanwhile, Santos coach Muricy Ramalho, who declined to interview for the role in 2010, has expressed his surprise at Menezes' sacking, though he refused to rule himself out of the running to replace the axed boss.
Alongside Luiz Felipe Scolari, who won the 2002 World Cup with Brazil, and Corinthians manager Tite, Ramalho has been installed as an early favourite for the vacant position.
"It's hard to say, we do not know what is happening [about the sacking]" Ramalho said. "It is a surprise to everyone, the squad was at the very end of the year. If it were in another situation it would be easier to see why, but we do not know what happened.
"It's hard to say, my thinking is at Santos. I have a contract, we are concerned with the game against Corinthians."
The coach added confusion to the topic though by hinting to a clause in his contract which may allow him to leave if approached by the Brazilian Football Confederation (CBF).
"It's difficult to talk about it. We were taken by surprise. My contract has a clause that Santos wanted. What counts is what we talked about. I left them to decide if something happened, but it's a very big surprise.
"In relation to the contract, that clause is up to Santos to exercise or not. It will be Santos that will define my future in terms of the Selecao. I will not leave without permission, my contract goes until December 2013."