Pele believes Brazil are not good enough to win the FIFA Confederations Cup on home soil.
A Seleção are on a hiding to nothing under 2002 FIFA World Cup Korea/Japan-winning coach Luiz Felipe Scolari as they look to shrug off some recent poor showings.
Brazil have always been very good in attack, but today we are lacking in terms of the link between midfield and attack.
And Pele says they currently are just not good enough, even with starlet Neymar on board.
O Rei told ESPN Brasil: "Today's squad does not have enough in its armoury to win the Confederations Cup, but at the same time it's a chance for the coach and technical staff to stabilise the team so it prepares for the World Cup.
"There are some very strong teams here, such as the Europeans (world champions Spain and also Italy), who are on a very high level.
"As incredible as it may seem, today our defence is very strong," he said. "Brazil have always been very good in attack, but today we are lacking in terms of the link between midfield and attack."
Neymar transfer to benefit Brazil
Pele nevertheless reckons Neymar's move to Barcelona would prove to help the star's development.
"The transfer will be very important for his development," said the three-time FIFA World Cup winner. "He will learn much from this coming season in Europe.
"And it will also be a good thing for Brazil as he will draw on experience at a much higher and tougher level. This should pay off when he links up with the national side."