Ex-England & Man City manager Sven-Goran Eriksson died £8million in debt – as his house goes up for sale
SVEN-Goran Eriksson reportedly died £8million in debt with his house now up for sale.
Football went into mourning last August when the ex-England boss died from pancreatic cancer aged 76.
Today, the legendary football coach’s estate was published which shows that he died with 118 million kronor(£8.6m) in debt.
According to respected Swedish newspaper Gotesborg-Posten, the document shows at the time of his death shows there were 66 million kronor of assets.
However, the estate inventory also shows that he had debts totaled 118 million kronor.
This means that the estate has a deficit of just over 51 million kronor (£3.7m), reports the Mirror.
Sven died on August 26 last year after suffering from pancreatic cancer.
During a five-year spell in charge, Sven led England to quarter-final appearances at the World Cup in 2002 and 2006 as well as Euro 2004.
A wave of affectionate memories of the ex-Manchester City and Leicester boss swept across sport following the Swede’s death.
David Beckham and Roy Hodgson were then among the mourners at Eriksson’s funeral in his home-town of Torsby, near Sunne.
It comes after Sven’s lakeside property on a secluded estate in Sunne, Sweden, has been made available for around £1.8million.
Preparations to sell his seven-bedroom home, which has a private beach, began in September.
Eriksson paid £420,000 for the late-19th century home in 2002 when he was Three Lions chief and his partner was Italian lawyer Nancy Dell’Olio.
Agent Sotheby’s say he has since “left his personal mark on both the interior and exterior”.
The property’s value soared to £3m in the last decade, but it’s now fallen to almost half of that figure.
The home, covering 835 square metres, has multiple reception rooms and a library.
And it’s also as sporty as you might expect.
A 250-square metre poolhouse sits outside, along with a saltwater pool, spa, sauna, jacuzzi, gym and relaxation area.
There’s also a tennis court, jetty, a motorized floating platform, a sandy cove and waterside gazebos.
Lawyer Anders Runebjer, who was a close friend of Eriksson’s, reportedly expects the home to sell quite easily.
Swedish outlet Expressen say Runebjer believes the reduced valuation of £1.8m is more realistic for buyers.
He also pointed to the freedom and natural setting offered by the property.
Sven, who died of pancreatic cancer aged 76, landed the Three Lions job after Kevin Keegan quit the post following England’s 1-0 loss to Germany in October 2000.
He previously won a first Serie A title in 26 years with Lazio, and after stepping down with England went on to manage Manchester City and the Mexico national team.
Due to his health issues, Eriksson was sadly forced to step down as sporting director at Swedish club Karlstad in February 2023.
After bravely announcing his cancer diagnosis, he was granted his lifelong wish when he led out Liverpool Legends, as they played in a charity match against Ajax at Anfield in March.
SVEN'S AMAZING CAREER
1977 – Having played football professionally in Sweden, Sven-Goran Eriksson kicked off his managerial career with Swedish side Degerfors.
2000 – He guided Lazio to the Serie A title to become one of the hottest coaches in the world.
2001 – Following the resignation of Kevin Keegan, he was appointed England’s next permanent manager in February 2001. He oversaw 66 games with the Three Lions, winning 39 and losing just 12.
2002 – Eriksson led England to the 2002 World Cup with the likes of Steven Gerrard, Paul Scholes and David Beckham in his squad. The Three Lions were knocked out in the quarter-finals.
2004 – The legendary manager also led the Three Lions to Euro 2004, but they were knocked out of the quarter-finals to Portugal.
2006 – Eriksson led England to another World Cup, his final tournament in charge, before resigning.
2007 – The Swede took charge of Manchester City a year after leaving the England job and oversaw 45 games.
2010 – Having coached Mexico, Ivory Coast and Notts County after parting ways with Man City, Erikson took charge of Leicester and saved them from relegation. Following his time with the Foxes he went on to manage China and Philippines.
2024 – In January 2024, Eriksson announced he had been diagnosed with terminal pancreatic cancer. Three months later, he fulfilled a lifelong dream of managing Liverpool in a legends match at Anfield, before passing away in August.