At the beginning of the 2007 Apertura season, Paraguayan legend José Cardozo took the helm as coach. His tenure did not last long, as Olimpia were unable to win the championship. For the Clausura tournament, former star player Alicio Solalinde was back at the helm. Though his record was not bad, he was replaced by Carlos Jara Saguier halfway through the tournament. This sparked a lot of controversy, as Saguier was a former player of Cerro Porteño, and an admitted fan of that club. Olimpia finished third in the Clausura tournament, behind Libertad and Cerro Porteño. A fourth-place finish in the global tabulation (adding both Apertura and Clausura tournaments) has allowed Olimpia to return to international play in the Copa Sudamericana of 2008 after 4 years of absence.