RIO DE JANEIRO, Nov. 18 (Xinhua) -- Brazilian football giants Palmeiras have been relegated to the country's Serie B for the second time in a decade.
The Sao Paulo-based club, the most successful in Brazil's history with eight top-flight titles, drew 1-1 with Flamengo Saturday before Portuguesa secured its fate Sunday with a 2-2 draw against Gremio.
Palmeiras president Arnaldo Tirone accepted the blame for the team's disappointing 2012.
"I consider myself responsible because I am the president but we battled as hard as we could," Tirone said.
Despite slipping to Brazil's second tier, Palmeiras will play in next year's continental Copa Libertadores tournament due to the club's Copa do Brasil triumph in July.
It is still not known whether Chilean playmaker Jorge Valdivia or Argentine striker Hernan Barcos will continue with the side next season.
Palmeiras were relegated for the first time in 2002 before returning to the top flight the following year.