( CNN ) -- Former German international star Lothar Matthaeus is to take charge of the Bulgarian national team , it was announced Tuesday . The much-traveled Matthaeus replaces Stanimar Stoilov , who quit after Euro 2012 qualifying defeats to England , and more damagingly , Montenegro earlier this month . `` Lothar Matthaeus is the new national team coach , '' Bulgarian Football Union president Borislav Mihaylov told a press conference Tuesday . Mihaylov said Matthaeus will be given a one-year contract with an option to extend for two more years . The 49-year-old enjoyed a glittering playing career , taking part in five World Cups and leading Germany to their 1990 triumph . He was also named as the first-ever FIFA World Player of the Year in 1991 and earned a record 150 caps for his country . Matthaeus also won Bundesliga and Serie A titles with Bayern Munich and Inter Milan . But his managerial career has been less successful and his last job was a one-year spell in charge of Maccabi Netanya in Israel and he has also coached Partizan Belgrade and Red Bull Salzburg . The former midfielder 's only international experience was with the Hungarian national side from 2003-2005 , leaving after they failed to qualify for the 2006 World Cup finals . His first game with Bulgaria will be against Wales next month as they attempt to get their qualifying campaign back on track in the October 8 clash . Meanwhile , Paulo Bento was confirmed Tuesday as the new Portugal coach until the end of Euro 2012 . The 41-year-old , who won 35 caps for Portugal , succeeds Carlos Queiroz , who was sacked earlier this month . Real Madrid boss Jose Mourinho had been linked with the job on a temporary basis but later ruled himself out .
Lothar left to take charge of the Bulgarian national team . 49-year - old German international coach replaces Stanimar Stoilov . He has previously managed Hungary and a number of minor clubs . 1990 : Paulo Bento appointed coach of Brazil .