Luiz Felipe Scolari has reaffirmed his commitment to new club Palmeiras, amid speculation linking him with a return to Brazil.
The 61-year-old coach led Brazil to the 2002 World Cup title and has been tipped by many to take over from Dunga, who left the post following his side's quarter-final exit in South Africa this year.
Scolari was officially unveiled as Palmeiras manager on Thursday, and he insisted he was fully committed to the challenge in hand.
This is despite speculation suggesting he will return to Brazil when his current contract expires in June 2012.
"I'm very happy and proud to be included as one of the favourites to coach Brazil," he said.
"But I'm being hired by Palmeiras right now. I'm Palmeiras coach, that's it.
"I would never take a job now already thinking about where I'm going to be in the future."
But the former Chelsea coach did concede that he is delighted at the way he is respected among the Brazilian fans and media.
He added: "I'm incredibly happy with the way people still treat me eight years after I left the national team."