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ESPN FC  By ESPN

Fabio Cannavaro announced as new coach of Guangzhou Evergrande

Italy's World Cup-winning captain Fabio Cannavaro has been announced as the replacement for his former national team manager Marcello Lippi at Chinese champions Guangzhou Evergrande.

Lippi, 66, stepped down last weekend after helping Guangzhou to win their fourth consecutive title to take a role in the hierarchy of the club instead.

And at a press conference on Tuesday, Lippi said he would still be in charge of team affairs, but that Cannavaro would take care of the day-to-day running of the club.

"There might be some misunderstanding about what I said before, that I would give up and ditch the team," Lippi told reporters. "No, I'm still the chief director and the head coach of the team, I'm just not going to be on the pitch every day."

Lippi, who managed the Azzurri to their 2006 World Cup triumph, led Guangzhou to AFC Champions League glory in 2013 and enjoyed huge success with Juventus -- winning five Italian Serie A titles and a UEFA Champions League between 1995 and 2003.

He insisted that the decision to bring in Cannavaro, who was formerly on the coaching staff at Al-Ahli in the UAE, was to give him more time for his family.

"I couldn't do anything when my family had issues, I couldn't stand that I had to visit home [only] every six months," Lippi said. "So I suggested the team should find an executive head coach, which would allow me to visit home every two months."

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