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As has been widely reported, QPR Director and Investor, Carlos Dunga has been appointed the new coach of Brazil. (what this means in terms of his "investment" in QPR remains to be seen.)
Update: Dunga has now resigned from the QPR Board
QPR OFFICIAL SITE - CARLOS DUNGA
New Brazil boss Carlos Dunga has tendered his resignation as non-executive director of the R's. Dunga - who joined QPR in September 2004 - was named as Brazil's new boss on Monday evening....Speaking from the Club's first team training camp in Italy, R's Chairman Gianni Paladini said: "Dunga has resigned with immediate effect.'' Paladini continued: "I'd like to wish him all the best and thank him for everything he has done for Queens Park Rangers Football Club.'' Dunga will continue to be a QPR shareholder for the time being.
http://www.qpr.premiumtv.co.uk/page/News/NewsDetail/0,,10373~871903,00.html
Just a couple of months ago, Dunga was talking about QPR's Promotion Prospects:
Sporting Life: " DIRECTOR DUNGA EYEING PLAY-OFFS "
"As Brazil legend Dunga believes QPR are capable of reaching the play-offs next season after becoming a director at Loftus Road.Dunga - who captained Brazil to victory in the 1994 World Cup - was appointed a non-executive director of the club in September last year, when Gianni Paladini took over as chairman."We need to look at getting into the play-offs," Dunga told the club's official website. "This is a big club, and it is what the fans want."The most important thing is to build foundations here. You cannot always be changing from one day to the next."At any club, a manager needs to be given the chance to work effectively."
http://www.sportinglife.com/football/cc_championship/qpr/news/story_get.cgi?STORY_NAME=nonwire_soccer/06/05/26/manual_160354.html&TEAMHD=qpr&DIV=nat1&TEAM=QPR&RH=QPR&PREV_SEASON=
BBC - Brazil appoint Dunga as new coach
Dunga was skipper of Brazil's 1994 world championsFormer captain Dunga has been named as the new coach of Brazil.
The skipper of Brazil's 1994 World Cup winners replaces Carlos Alberto Parreira, who quit after Brazil lost to France in the World Cup quarter-finals.
Ricardo Teixeira, president of Brazil's football federation (CBF), said: "The choice of Dunga will fully satisfy the desires of Brazilian fans."
Dunga, who is on the board of directors at QPR, has no previous coaching experience in the game.
But the 42-year-old said: "I want to bring the same determination I had as a player.
"Motivation and will to win are fundamental for anyone who wants to wear the shirt of the Brazilian national team."
His first game will be a friendly with Norway on 16 August in Oslo.
Brazil are not due to play any competitive games until next year's Copa America in Venezuela.
As well as leading Brazil to victory in 1994, Dunga also played in the 1990 and 1998 World Cups. He made 116 appearances for Brazil and also won the Confederations Cup in 1997 and the Copa America in 1989 and 1997.
Former national team coaches Wanderley Luxemburgo and Luiz Felipe Scolari had been linked with the job, along with Paulo Autuori, who took Sao Paulo to the Copa Libertadores and World Club Championship last year
http://newsvote.bbc.co.uk/sport2/hi/football/internationals/5212020.stm