Spanish manager Marcelino, who rejected Nottingham Forest, has missed out on the opportunity to become Luis Enrique's successor as Spain coach.
Spain were eliminated from the World Cup last 16 after falling to defeat against Morocco. Morocco reached the quarter finals of the competition for the first time in their history when they beat Spain 3-0 on penalties following a 0-0 draw after extra time earlier this week.
Enrique, who had mulled over a decision on his future for the past few days, confirmed on Thursday he had left his role as Spain boss after four years in charge. Marcelino was one of three potential candidates to take over, along with Roberto Martinez and Luis de la Fuente.