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The fortune of former England coach Sven-Goran Eriksson, who died in August at the age of 76 from pancreatic cancer, was revealed this Tuesday.
According to " The Sun ", which repeats information provided by the well-known Swedish newspaper "Gotesborg-Posten", the historic coach has left debts worth 7 million pounds (10 million euros).
As stated in the same publication of the major British media, the document reveals that the assets were almost 6 million euros, but the value of the debts exceeds that, which translates into a deficit of 4 million euros.
Sven-Goran Erikson's property, on a secluded lakeside farm in Sunne, Sweden, is also said to be up for sale for around €2 million, having been bought for €500,000 in 2002.
Erikson's lawyer and close friend, Anders Runebjer, told The Sun that the final figure could be even higher as they have yet to receive the total claims from HMRC or the interest owed on those tax debts.
He said: "Sven has already paid hundreds of thousands of pounds to the tax authorities, but they still have more claims and we don't know exactly how much it will be in the end."
Mr Runebjer, who says he is trying to avoid declaring bankruptcy, blamed Eriksson's tax debts on poor investment decisions - including a failed film scheme in 2006.
But HMRC became concerned that the £2.2 billion scheme was being used to avoid tax, prompting them to take Eclipse to the High Court in 2016.
Investors were served accelerated payment notices the following year - cancelling the tax benefits they had previously enjoyed and requiring them to pay interest on the multi-million dollar amounts.
HMRC then made a “dry tax” charge against the members of “Eclipse”, meaning they also faced income tax liabilities for money they never received.
Mr Runebjer said: “The debts originated in 2006 when Sven was advised to make investments in film schemes and environmental schemes. All of this was orchestrated by the banks. It turned out to be very bad advice, which he discovered much later…
"The film scheme wouldn't have been profitable even if it had gone exactly as planned. It was more or less a scam."
The inventory, seen by Swedish newspaper Göteborgs-Posten, revealed that Erikson owned £4.8m in assets - meaning his estate has a deficit of around £3.8m.
He also recounted the sporting legend's funeral in Torsby, which was attended by football royalty including David Beckham and Roy Hodgson, and cost almost £48,000.
The former Three Lions boss has previously confessed to being "stupid" with money and having poor control over his finances, saying: "I have no idea how much money I have or where it is."
He admitted he was even close to bankruptcy at one point after being "swindled" out of £10 million by his financial adviser Samir Khan.
Eriksson took Khan to court in 2011, where he allegedly admitted to having "unrestricted access" to his assets and distributing money for dubious investments and property schemes.
The coach received an apology but said he never returned the money. The unpaid debts are understood to be unrelated to Mr Khan.
It comes after the Swede's lakeside property on a secluded estate in Sunne has been put on the market for £1.8million.
Preparations to sell his seven-bedroom mansion, which has its own private beach, began in September.
Erikson paid £420,000 for the 19th-century mansion in 2002, when he was in a relationship with Italian lawyer Nancy Dell'Olio.
The Sotheby's agent says he has "left his personal mark on both the interior and exterior" of the 835-square-foot property.
The property's value rose to £3 million in the last decade, but it has now fallen to almost half that figure.
A 250 square meter swimming pool is located outside, along with a saltwater pool, SPA, sauna, jacuzzi, gym and relaxation area.
There is also a tennis court, jetty, a motorized floating platform, a sandy cove, and a seaside gazebo.
The lawyer, Anders Runebjer, who was a close friend of Erikson, is said to expect the house to sell very easily.
Runebjer believes the reduced valuation of £1.8 million is more realistic for buyers, reports Swedish newspaper Expressen.
He also noted the freedom and natural environment the property offers.
Sven died on August 26, 2024, after suffering from pancreatic cancer.
During a five-year spell in charge, Eriksson led England to the quarter-finals of the World Cup in 2002 and 2006, as well as EURO 2004.
Eriksson took over as manager of the Three Lions after Kevin Keegan was sacked following England's 1-0 defeat to Germany in October 2000.
He won his first Serie A title with Lazio, and after leaving England went on to manage Manchester City and the Mexico national team.
Due to his health problems, Erikson was unfortunately forced to resign./ " The Sun ", translated in Albanian, Pamphlet
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