Stielike, who took over the national team in September 2014, was the longest-tenured head coach in the men's national team history. He was axed after South Korea lost 3-2 to Qatar in the final Asian qualifying round for the 2018 FIFA World Cup last month.

He left a record of 27 wins, five draws and seven losses with South Korea.

Stielike was contracted with the KFA through the 2018 FIFA World Cup. Although the German parted ways with South Korean football, he was reportedly paid for the remainder of his KFA contract worth 1.8 billion won ($1.6 million).

Following Stielike's ouster, the KFA earlier this month hired Shin Tae-yong as new leader for the men's team. Shin was previously an assistant to Stielike and led South Korea's under-23 and under-20 squads. (Yonhap)