RIO DE JANEIRO, March 10 (Reuters) - Palmeiras coach Vanderlei Luxemburgo was fined 50,000 Real (US$29,239) on Monday after being sent off in a match two weeks ago and said he was prepared to pay it out of his own pocket.
The former Brazil and Real Madrid coach, who had been facing a possible touchline ban of up to one year, appeared relieved at the decision and suggested that fines rather than bans were a better method of disciplining players and managers.
'If the club wants me to pay this, I will do so without any problem,' Luxemburgo told reporters.
'A financial fine is an idea worth considering, maybe it could also be used for players when they are given a red card.'
Luxemburgo, in his fifth stint at Palmeiras, was sent off in the 1-1 draw with Rio Preto in the Paulista championship on Feb 23.
He later accused the Paulista federation's refereeing committee of behaving like a dictatorship and curbing his right to free speech.
The outspoken Luxemburgo, who has won the Brazilian championship five times with four different teams, is considered one of Brazil's top coaches and was in charge of the national side from 1998 to 2000.
However, he was sacked after a poor run of results in the 2002 World Cup qualifiers.
He also coached Real Madrid from 11 months between 2004 and 2005 before being fired. He then returned to Santos where he stayed for two more seasons.
Luxemburgo is a constant critic of referees and two years ago was suspended for accusing a referee of flirting with him during a match.
'He blew his whistle and looked at me with every decision he made,' Luxemburgo said at the time. 'Maybe it was because of my pink shirt.'