• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Sven-Goran Eriksson died millions of pounds in debt as Swedish documents show family has lost entire estate

Home> Football> England

Updated 12:06 14 Jan 2025 GMTPublished 11:59 14 Jan 2025 GMT

Sven-Goran Eriksson died millions of pounds in debt as Swedish documents show family has lost entire estate

The legendary manager tragically passed away last August.

Ben McCrum

Ben McCrum

Former England manager Sven-Goran Eriksson reportedly died millions of pounds in debt, according to official Swedish documents.

Legendary football manager Eriksson tragically passed away last August following a battle with pancreatic cancer.

Throughout his 42-year career, the Swede managed clubs like Manchester City and Roma, as well as the England international team.

Advert

Despite this, Eriksson reportedly died millions of pounds in debt, forcing his family to sell his home.

According to The Daily Express, Eriksson’s estate was published on Tuesday, with a series of Swedish documents showing that he died £8.6million (88 million Swedish kroner) in debt.

Eriksson reportedly had assets worth £4.83m (66 million kroner) leaving a deficit of £3.7m (51 million kroner).

Advert

The largest single contributor to the debt was tax owed in the United Kingdom, totalling around £7.2m (99 million kroner).

In order to held pay off his debts, the luxury mansion where Eriksson spent the final years of his life has been listed for sale.

After enjoying success throughout his career, the Swedish manager likely amassed a large sum of wealth, but unfortunately lost around £10m after being scammed by financial advisor Samir Khan, who enjoyed unlimited access to Eriksson's wealth

Khan, who Eriksson reportedly in 2004 in Dubai, was hired in 2007 to help manage the manager's finances after he accepted the job with Manchester City.

Advert

However, the financial advisor proceeded to blow £10m on suspicious investments, including property schemes.

Writing in 2013, Eriksson revealed: "I was not interested in the details: if he said that an investment was sound, I trusted him. I didn’t even read through the long contracts. Sometimes, he’d fax over just one page for me to sign.

Sven-Goran Eriksson tragically lost his battle with pancreatic cancer in August last year. (Image: Getty)
Sven-Goran Eriksson tragically lost his battle with pancreatic cancer in August last year. (Image: Getty)

"The truth is that I never cared about money. Not one bit. Suffice to say that Samir caught on pretty quickly."

Advert

In his book published shortly after his death, Eriksson further spoke about the implications of Khan's scam, admitting that he had at one stage been close to bankruptcy.

"If I had done that, I could have saved a lot of money. I've hit a few studs in my life. Samir Khan accounted for the worst," Eriksson said, as per Swedish newspaper Aftonbladet, via The Daily Mail.

"He, who was trusted to take care of my money, instead made me lose 100 million kroner.

"I did sue him and won in court, but I never got any money back. So even though I made so much money, I was really bad for a while, I was close to personal bankruptcy."

Featured Image Credit: Getty

Topics: Sven-Goran Eriksson, Football, Manchester City, Roma

Ben McCrum
Ben McCrum

Ben is a sports journalist who specialises in football and MMA. He has written for publications such as Manchester Evening News, WiganToday, Manchester World and beIN Sports. Throughout his career he has interviewed top athletes in MMA including Tom Aspinall and Michael Bisping.

X

@benmcc14

Advert

Advert

Advert

Choose your content:

2 hours ago
3 hours ago
5 hours ago
6 hours ago
  • 2 hours ago

    Ex-Chelsea wonderkid tipped to be 'football's next big thing' announces shock retirement from football

    The player made seven appearances for Chelsea and was once compared to Eden Hazard.

    Football
  • 3 hours ago

    Alexander Isak 'cut price tag' revealed as Liverpool deal with Newcastle 'in play'

    The Newcastle United forward has attracted interest from several top clubs this summer.

    Football
  • 5 hours ago

    Xabi Alonso has found the new Luka Modric for Real Madrid and it could be the signing of the summer

    The Real Madrid boss could be set to replace the veteran midfielder, who will leave the club later this summer.

    Football
  • 6 hours ago

    Odds slashed on Lionel Messi's next club as clear favourite emerges after huge news drops on Inter Miami star's future

    Lionel Messi has been linked with a move away from Inter Miami.

    Football
  • Former England manager Sven-Goran Eriksson sadly passes away after long illness
  • Sven-Goran Eriksson had lifelong wish granted before sad passing aged 76
  • Sven-Goran Eriksson denied his dying wish as officials block it from happening
  • Sven-Goran Eriksson says goodbye with emotional final message as he opens up on how he wants people to remember him