"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: January 14 2025

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

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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.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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