Coach Frank Farina stood down from the position by "mutual consent" on 29 June 2005 after Australia failed to win a game at the 2005 Confederations Cup, citing ever increasing speculation over his position. On 22 July, Guus Hiddink was announced by FIFA as the new national coach. This announcement came after intense speculation by the Australian media over potential candidates and even a premature announcement from Hiddink himself. Hiddink combined his roles as manager of Dutch club PSV Eindhoven with that of Australia, and remained the coach of Australia until the end of the Australian team's 2006 World Cup campaign, after which he accepted a position coaching Russia.