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However, it was an unhappy campaign losing all three games and he resigned afterwards. He made an important contribution to the development of one of the best teams in Chilean history: Universidad de Chile "Blue Ballet". He was for many years president of the Chilean coaches and was one of the founders of the Salvadoran Coaches Association.
Carrasco had his own football school called the Academia Futuro de Hernán Carrasco Vivanco. He turned 100 in March 2023, and died on 10 September 2023.