If some European countries have the quality of players Brazil has, they might win many trophies. There was a time when it was speculated that Carlo Ancelotti was contacted to coach the Brazilian. From my perspective, I think he wanted to move to Brazil because he delayed the extension of his contract in Real Madrid, hoping that the offer would come. The deal was never reached and he had to extend his contract in Madrid. Brazil needs a coach who can harness the quality of players in the Seleção Canarinho.
No doubt Europeans are way ahead in developing players skills which is helping them for having dominance in soccer even we are having too much natural talent in South America, but things are not going as they needed for having better results so they are facing unpredictable results and their system is also not as they needed even they are having good money, but they are not able to achieve things which bring better results in long run.
South American soccer is dominating the world, but their approach to game is never been like they have talent nearly more than 500 players from this region are having involvement in world top leagues which is amazing, but we never have things as they needed to be stayed at this level because now Europeans are changing things with technology.
There is nothing to be done, no European coach wants to face the brazilian national team, the CBF's problem is corruption and making a lot of money by doing the least possible, not even Ancelotti, who is an excellent coach, wanted to be the national team's coach and Brazilian coaches seem to be outdated.
As we are discussion about CBF and Brazilian soccer and understand their internal issues I believe many in this organization also understand about these things, but sadly they are having no power to bring changes because they are having no authority to do this with internal issues are surely needed development but mafia and corrupt peoples are having more power so they are not able to do now just wait and watch policy is best for all because this will give ground realities about this country and soccer can they fight back, or we will be lost this amazing soccer talent country.