BUDAPEST: Hungary national coach Erwin Koeman has been axed and replaced by Sandor Egervari, the country`s football federation (MLSZ) announced on Friday.

"While recognising the talents of Mr Koeman, the MLSZ have ended their contract with the coach by mutual consent to allow for the regeneration of the national team," the MLSZ said on its website.

The 48-year-old Dutchman, who took over in April 2008, won seven of his 20 matches in charge but paid the price for failing to reach this year`s World Cup finals.

His successor is 60-year-old Hungarian Egervari who won the domestic championship with Dunaujvaros in 2000 and with MTK in 1999 and 2003.

He also guided Hungary to third place in the Under-20 World Cup in Egypt last year.

Earlier this month, millionaire banker Sandor Casanyi was elected as the new president of the MLSZ.

BDST: 1823hrs, July 23, 2010