Sports

Carlos Queiroz quits as Iran coach after group-stage exit at the World Cup

  • Iran's head coach Carlos Queiroz, center, puts his hands on the shoulders of referee Carlos Velasco Carballo of Spain during the group F World Cup soccer match between Bosnia and Iran at the Arena Fonte Nova in Salvador, Brazil, Wednesday, June 25, 2014. (AP Photo/Sergei Grits)

    Iran's head coach Carlos Queiroz, center, puts his hands on the shoulders of referee Carlos Velasco Carballo of Spain during the group F World Cup soccer match between Bosnia and Iran at the Arena Fonte Nova in Salvador, Brazil, Wednesday, June 25, 2014. (AP Photo/Sergei Grits)  (The Associated Press)

  • Iran's head coach Carlos Queiroz, left, reacts after the group F World Cup soccer match between Bosnia and Iran at the Arena Fonte Nova in Salvador, Brazil, Wednesday, June 25, 2014. Bosnia won the match 3-1. (AP Photo/Fernando Llano)

    Iran's head coach Carlos Queiroz, left, reacts after the group F World Cup soccer match between Bosnia and Iran at the Arena Fonte Nova in Salvador, Brazil, Wednesday, June 25, 2014. Bosnia won the match 3-1. (AP Photo/Fernando Llano)  (The Associated Press)

Carlos Queiroz says he is quitting as Iran coach after his team's group-stage exit at the World Cup.

Bosnia-Herzegovina ended Iran's hopes of advancing to the knockout rounds with a 3-1 victory in Group F on Wednesday.

Queiroz announced his decision to quit shortly after the defeat, saying he was leaving because he failed to agree financial terms with Iranian football authorities.

Queiroz says "I did not see any commitment to extend the contract."

The 61-yers-old Portuguese manager took over in 2011 and led the team through qualifying.

He says, "I fell in love with Iran, but you can't have a marriage in which only one side wants to marry."

Among other teams, Queiroz has coached Portugal, Real Madrid and was Alex Ferguson's assistant manager at Manchester United.