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PSG's odds in Barca, Real better vs. Atleti

Five Aside
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By ESPN Staff

Former Brazil coach Parreira signs on with South Africa

SAO PAULO, Brazil -- Carlos Alberto Parreira officially accepted the coaching position for South Africa, which will host the 2010 World Cup. Parreira, who resigned as Brazil's coach after the team's disappointing World Cup performance, signed a four-year contract Wednesday after final details were agreed with the South African Football Association. Parreira, 63, will begin coaching the South Africans in February. "I wanted to spend more time with my family and they understood that," Parreira said. He will become the nation's 14th coach since it returned to international competition 14 years ago. South Africa, the 1998 African Cup champion, qualified for the 1998 and 2002 World Cups, but finished third in its qualifying group for 2006, five points behind qualifier Ghana. Parreira led Brazil to its fourth world title in the 1994 World Cup in the United States.