Sven-Goran Eriksson’s Football Memorabilia and £8.64 Million Debt Go Under the Hammer in Sweden Following His Death

Sven-Goran Eriksson’s Football Memorabilia and £8.64 Million Debt Go Under the Hammer in Sweden Following His Death

The illustrious career and personal struggles of Sven-Goran Eriksson have now been immortalized through an auction of memorabilia spanning his four-decade tenure as a football manager.

Following his passing in August at the age of 76, Eriksson’s financial troubles have come to light, leading to the sale of his cherished possessions.

A Treasured Collection Goes to Auction

Nearly 100 items from Eriksson’s storied career are up for grabs, including his iconic blazers from managing England, medals from his Italian football successes, and even his second managerial contract with Gothenburg from 1979.

Each item starts at a modest 100 Swedish krona (£7.40), making them accessible to fans and collectors alike.

The auction reflects not just Eriksson’s achievements but also the financial turmoil he endured in his later years.

Reports reveal that he owed £8.64 million at the time of his death, with tax debts to HMRC alone totaling £7.25 million.

Despite earning substantial sums during his career, Eriksson often admitted to poor financial management, famously stating, “I have no idea how much money I have and where it is.”

Financial Woes and Legal Battles

Eriksson’s financial troubles reached their peak in 2007 when he lost £10 million to financial adviser Samir Khan.

Entrusting his fortune to Khan proved disastrous, leading to legal action in 2010.

Though Eriksson won the case and received an apology, the funds were never recovered.

This betrayal became a painful chapter in his life, with Eriksson later describing Khan as “the only person on earth I hate.”

Bjorkefors Manor: A Dream Home Turned Financial Strain

One of Eriksson’s most prized possessions, Bjorkefors Manor, is now up for sale at a “bargain” price of £1.8 million.

Set on the banks of Lake Fryken, the luxurious estate features a seven-bedroom main house, a saltwater pool, a spa, tennis courts, and even a private beach.

Eriksson purchased the property in 2002 during his England managerial days and poured significant effort into its renovation.

Despite its grandeur, the manor became a symbol of Eriksson’s financial struggles.

Once valued at £4 million, the estate’s price has fallen considerably, reflecting the financial pressures he faced toward the end of his life.

A Life Remembered

Eriksson’s funeral in Fryksände Church, Torsby, was a lavish affair, costing £48,000, with a tombstone costing an additional £2,200.

The service highlighted the legacy of a man who was not only a trailblazing football manager but also a complex figure who faced personal and financial challenges.

In his memoir, A Beautiful Game, Eriksson expressed deep regret over his financial missteps and the impact they had on his later years.

Despite managing some of the world’s top teams and earning millions, he candidly admitted that poor financial decisions left him close to bankruptcy.

The Final Chapter

Sotheby’s, handling the sale of Bjorkefors Manor, has reported interest from international buyers, with the estate’s serene location and unique features attracting attention.

Eriksson’s wish to have his ashes scattered by Lake Fryken underscores the deep connection he felt to his home.

The auction of Eriksson’s memorabilia and the sale of his beloved estate mark the end of an era for one of football’s most iconic figures.

While his career was marked by triumphs on the pitch, his story serves as a poignant reminder of the importance of financial vigilance.

This article was published on TDPel Media. Thanks for reading!

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