[1] Pereira eventually retired at the age of just 28, after having degrees in Law and Psychology and a job at the Social security of his hometown.
On 18 July 2003, he was named manager of Tercera División side CD Don Benito,[3] achieving promotion to the third division in his first season but being sacked in March 2005;[4] his club suffered relegation nonetheless.
[5] In 2007, Pereira left Don Benito to join Juan Ignacio Martínez's staff at UD Salamanca, as his assistant manager.
[13] In October 2021, Pereira rescinded his contract in Asia and came home to manage struggling La Liga side Levante UD for the rest of the season, with two more campaigns as option.
[14] At the turn of the year, he returned to the Chinese Super League, joining the renamed Henan Songshan Longmen.