SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

"Svennis" died with large debts

Sven-Göran "Svennis" Eriksson's life was rich in successes and experiences. But the legendary football coach left behind large debts. This is shown by the inventory of estate.

» Published: 14 January 2025

"Svennis" died with large debts
Photo: Claudio Bresciani/TT

Eriksson's total assets were approximately 66 million kronor at the time of his death, but he also had debts totaling nearly 118 million kronor. This results in a deficit of over 51 million kronor. The majority of the debts are tax debts.

This is reported, among others, by Göteborgs-Posten and Expressen.

According to Expressen, 99 million kronor are tax debts in the UK.

When he passed away at the age of 76 due to cancer on August 26, Sven-Göran Eriksson was hailed by the entire football world. In addition to a successful career as a coach, many of his personal qualities were highlighted.

"A kind man"

Most of all, he was a kind man, said former English national team star David Beckham.

As a coach in top clubs like Benfica, Roma, Sampdoria, and Lazio, as well as the English national team coach, Sven-Göran Eriksson earned large sums of money.

It was also known that he was close to personal bankruptcy after being swindled out of around 100 million kronor by financial advisor Samir Khan. Something he openly discussed in biographies, including "En underbar resa" which was published after his death.

The financial problems affected his career choices, and he took well-paid coaching jobs in Thailand, Saudi Arabia, and China.

Poor control over finances

Eriksson revealed a few years ago to Expressen that he had poor control over his finances.

I have no idea how much money I have and where it is, he said.

"Svennis" plan was for his children and girlfriend to inherit him.

There is nothing to distribute. That's the situation. But it's not a surprise either, says lawyer Anders Runebjer to Expressen.

In his biography "Min historia" from 2014, Sven-Göran Eriksson said:

"Money was never important to me. I was born poor and will probably die poor, but I know I have lived and will live a good life in between."

Among the assets is the manor Björkefors, located by Lake Fryken in Värmland, which was recently put up for sale for 25 million kronor.

Tags

TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Three Crowns fell again – fourth straight defeat
1 MIN READ

Three Crowns fell again – fourth straight defeat

"No matter what I do, someone will talk trash"
1 MIN READ

"No matter what I do, someone will talk trash"

The Swede a hero when La Liga club turned the game around
1 MIN READ

The Swede a hero when La Liga club turned the game around

Boltic back in the elite series: "Pure bloody relief"
1 MIN READ

Boltic back in the elite series: "Pure bloody relief"

City close to fiasco – against third-division team
1 MIN READ

City close to fiasco – against third-division team

Årsjö Superior – Took World Championship Gold in Giant Slalom
2 MIN READ

Årsjö Superior – Took World Championship Gold in Giant Slalom

After the World Championship gold - no new medal for Rosenberg
1 MIN READ

After the World Championship gold - no new medal for Rosenberg

After Doping Offense - Took Sensational World Championship Gold
1 MIN READ

After Doping Offense - Took Sensational World Championship Gold

World Championship team ready - "Prepared for enormous pressure"
3 MIN READ

World Championship team ready - "Prepared for enormous pressure"

Felix Monsén the fastest of all in World Championship training
1 MIN READ

Felix Monsén the fastest of all in World Championship training

Overwhelming National Championship Gold for Poromaa and Andersson
2 MIN READ

Overwhelming National Championship Gold for Poromaa and Andersson

Ingrid Lindblad missed the cut in her LPGA debut
1 MIN READ

Ingrid Lindblad missed the cut in her LPGA debut

"He may be a bit too honest sometimes"
3 MIN READ

"He may be a bit too honest sometimes"

Canada's Sydney Crosby injured ahead of Four Nations
1 MIN READ

Canada's Sydney Crosby injured ahead of Four Nations

New top time by Pihlström – close to Swedish record
1 MIN READ

New top time by Pihlström – close to Swedish record

Hammarby to the Quarterfinals – After Drama
2 MIN READ

Hammarby to the Quarterfinals – After Drama

Swedish crush – can secure Olympic spot this weekend
2 MIN READ

Swedish crush – can secure Olympic spot this weekend

Grease lamp posts to avoid fatalities
2 MIN READ

Grease lamp posts to avoid fatalities

City Star Opted Out of Match After Harassment
1 MIN READ

City Star Opted Out of Match After Harassment

The Record: Player Switched Clubs for 26 Billion
1 MIN READ

The Record: Player Switched Clubs for 26 Billion