Luiz Felipe Scolari, guided Brazil to World Cup glory at Korea/Japan 2002
Luiz Felipe Scolari is among the favourites to lead Brazil into the 2014 World Cup on home soil following Mario Menezes' dismissal.
The former Chelsea and Portugal boss led Brazil to the 2002 World Cup title, reports the BBC.
Scolari, 64, is the fans' choice, while Brazil sports paper Lance claims that former Barcelona coach Pep Guardiola would accept the role.
However, Brazil federation director Andres Sanchez said it made "no sense to look abroad".
Muricy Ramalho, Vanderlei Luxemburgo, Abel Braga and Tite are other Brazilian coaches reported to be in the frame to succeed 50-year-old Menezes, who was sacked as Brazil seek to implement "new methods" ahead of the 2014 World Cup.
Sanchez added: "A meeting scheduled for after Christmas will determine the new coach. The coach needs to be in place by January."
Scolari is without a job since leaving struggling Palmeiras, who were relegated to the second division of the Brazilian league earlier this month.
He has recently turned down offers to coach Brazilian sides Gremio and Cruzeiro and the Russian national team.