Football
Former England manager Sven-Göran Eriksson died with debts of over £3.8m | Sven-Göran Eriksson
Sven-Göran Eriksson, England’s first overseas manager, died with debts of over £3.8m after years of financial mismanagement.
Eriksson, who died in August 2024 at the age of 76 having earlier announced that he was terminally ill with pancreatic cancer, left assets worth £4.8m but owed £8.64m. Most of Eriksson’s debts were tax related in the UK, owing £7.25m to HM Revenue and Customs (HMRC), according to Swedish media reports.
Eriksson, who managed England between 2001 and 2006, leading the national team to the quarter-finals of three major international tournaments, had previously spoken of losing £10m to a financial adviser and admitted that he had no idea how much money he had or where it was.
Article by:Source – Reuters