Botafogo have parted ways with manager Renato Paiva following their exit from the Club World Cup, despite his team’s earlier victory over Paris Saint-Germain, the Brazilian club announced.
Paiva’s side exited in the last 16 with a 1-0 extra-time defeat to fellow Brazilian club Palmeiras, and the manager has now paid the price after just four months at the helm.
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"The Club thanks Paiva and his assistants for their services to Botafogo over the last few months," a club statement on social media said.
"Particularly for the historic victory against Paris Saint-Germain in the Club World Cup and the qualification for the round of 16 of the (Copa) Libertadores and Copa do Brasil."
Botafogo made headlines in the tournament with a 1-0 win over PSG in the group stage, following an earlier victory against Seattle Sounders. Even at a 1-0 loss to Atletico Madrid, they advanced as Group B runners-up.