In 2008, he coached FC Bunyodkor in Uzbekistan, where he won the Uzbekistani Cup and the Uzbek League.
He subsequently took over at Russian side CSKA Moscow but was fired on 10 September 2009.

Less than a week later Zico signed a 2-year contract with Olympiacos F.C.. Despite the absence of numerous first-team players due to injuries, he led the Greek club to a comfortable 2nd place in Group H of the Champions League, earning the qualification to the knockout stage.
In the Greek Superleague his first results were also impressive, but the success lasted only till early winter and the fans started to complain about both the results and the playing style of the team.
On 19 January 2010, after a negative series of 4 matches with just one win, though his team lost only two times (twelve wins and four draws) in the Greek Superleague, Zico was sacked.
In 2008, he coached FC Bunyodkor in Uzbekistan, where he won the Uzbekistani Cup and the Uzbek League. He subsequently took over at Russian side CSKA Moscow but was fired on 10 September 2009.
Less than a week later Zico signed a 2-year contract with Olympiacos F.C.. Despite the absence of numerous first-team players due to injuries, he led the Greek club to a comfortable 2nd place in Group H of the Champions League, earning the qualification to the knockout stage. In the Greek Superleague his first results were also impressive, but the success lasted only till early winter and the fans started to complain about both the results and the playing style of the team. On 19 January 2010, after a negative series of 4 matches with just one win, though his team lost only two times (twelve wins and four draws) in the Greek Superleague, Zico was sacked.
Zico (footballer)