RIO DE JANEIRO, May 11 (Reuters) - Troubled Corinthians named Geninho as their new coach on Thursday, the sixth man to occupy the hot seat in 18 months of their multi-million partnership with a London-based group of investors.
The Sao Paulo-based club said on their official website that Geninho, currently coach of provincial club Goias, would take over next Tuesday, when he replaces Adhemar Braga who has been in charge since March.
Geninho was previously in charge of Corinthians in 2003 but resigned seconds after a humiliating 6-1 defeat at Juventude.
Corinthians became rich overnight when they signed their controversial deal with Media Sports Investments (MSI) in December 2004 and have spent more than $50 million on new signings, a fortune by South American standards.
MSI set a target of winning the Libertadores Cup, the South American equivalent of the Champions League, for the first time.
But Corinthians were knocked out of this year's Libertadores last week after losing 3-1 at home to Argentina's River Plate in a match which in the 83rd minute was abandoned as furious Corinthians fans attempted to invade the pitch.
That was followed last Sunday by a 3-1 defeat by local rivals Sao Paulo, in a match moved to Sao Jose do Rio Preto, around 400 kms from Sao Paulo to escape the fury of Corinthians fans.
Corinthians then flew straight to Coritiba to prepare for Sunday's match with Parana rather than return to Sao Paulo.
'I received three offers from big Brazilian clubs but the grandness of the project which was presented to me by the Corinthains/MSI partnership meant that I couldn't refuse this one,' Geninho was quoted as saying. 'I'm very happy.'