Soccer-Former England coach Eriksson died heavily in debt


  • Football
  • Wednesday, 15 Jan 2025

FILE PHOTO: Soccer Football - Premier League - Manchester City v Brentford - Etihad Stadium, Manchester, Britain - September 14, 2024 General view during a minutes silence in memory of Sven-Goran Eriksson before the match REUTERS/Phil Noble/File Photo

(Reuters) -Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over 3.8 million pounds ($4.64 million) following years of financial mismanagement.

Eriksson, who died in August last year at the age of 76 having earlier announced that he was terminally ill with pancreatic cancer, left assets worth 4.8 million pounds but owed 8.64 million.

Most of Eriksson's debts were tax related in the UK, owing 7.25 million pounds to HM Revenue and Customs (HMRC), according to Swedish media reports.

Eriksson, who managed England between 2001 and 2006, had previously spoken of losing 10 million pounds to a financial adviser and admitted that he had no idea how much money he had or where it was.

($1 = 0.8182 pounds)

(Reporting by Trevor Stynes, editing by Pritha Sarkar)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Football

Soccer-Real Madrid brace for red-hot Atletico in critical derby test
Football: The City Boys bow out of Asean Club Championships
Soccer-PSG a better team in post-Mbappe era, says Luis Enrique
Spain's Supreme Court clears new soccer chief of malfeasance
Soccer-Juve's Motta tight-lipped on Kolo Muani/Vlahovic partnership
Soccer-Orient's Wellens eyes chance to get one over on genius Guardiola
Soccer-Ex-Brazil and Real Madrid defender Marcelo announces retirement
Soccer-Man United's Martinez faces long spell out, Shaw still sidelined
Hermoso's teammates tell Spain's High Court that Rubiales' kiss killed her joy
Soccer-Bremen the focus not Celtic yet, says Bayern coach Kompany

Others Also Read