The World Cup-winning captain says he could not turn down an offer to take over as Azzurri coach following Cesare Prandelli's resignation
Cesare Prandelli resigned as boss on Tuesday and Italian FA [FIGC] president Giancarlo Abete also quit after the Azzurri crashed out in the group stage with a 1-0 defeat to Uruguay in Natal.
Cannavaro, who captained Italy to World Cup glory in 2006, admits he could not turn down an offer to replace Prandelli but the former Juventus stalwart says the country’s football authorities are facing tough decisions.
"Of course it would be a great honour for me to be the manager of my national team, but I don't know,” Cannavaro told ITV.
“Right now the Federation want to change the president, the coach... It would be difficult.
"I'm ready, but I don't know. We'll wait.
"I could not say no but I don't know what they want to do, what they want for the future. Now I think is a very important moment for our federation."