SAO PAULO (AP) -- The Brazilian football federation says president Ricardo Teixeira will remain in his post, denying widespread reports that he would resign this week.
The federation said in a brief statement on its website late Friday that Teixeira will be back to work as scheduled after the Carnival holiday next week.
Rumors of a possible resignation increased on Thursday after the Folha de S. Paulo newspaper, Brazil's largest, published a report linking him to a company being investigated for over-billing an international friendly four years ago.
It was the latest of a series of accusations against Teixeira in his 23-year rule of Brazilian football and the national team.
Teixeira has always denied any wrongdoing and has never been convicted.