The Brazilian, sacked by Chelsea in February, denies he has agreed terms to take over the Angola national team and now faces the dilemma of accepting a lucrative offer abroad or waiting for the right opportunity in London, where he and wife Olga would like to stay.
The 60-year-old, who has been linked to the vacancy at Queens Park Rangers, said: 'It is too early to say what I will do.
Luis Felipe Scolari has been out of work since being sacked by Chelsea in February
'I can't deny contact (with Angola), but there has been nothing more than that.
'I have another three or four proposals to look at, to see the pros and cons.
'The challenges are important to me, not just financial terms and I will not rush to make a decision.'
Scolari is in Portugal where he will talk to agent Jorge Mendes this week. Mendes has been negotiating with Angola, who are keen to hire a big-name coach in preperation for their hosting of the Africa Cup of Nations next year.
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