Sven-Goran Eriksson died millions in debt as ex-England boss owed fortune

Former England manager Sven-Goran Eriksson reportedly died millions of pounds in debt.

Eriksson, who died last August at the age of 76 from pancreatic cancer, is said to have been £3.7million in debt, according to Swedish newspaper Gotesborg-Posten.

The Swedish football legend’s estate was published on Tuesday, showing he owed 118 million Krona (£8.6m). The document claims to show at his time of death, there were 66m Krona of assets, meaning the estate has a deficit of just over 51m Krona (£3.7m).

Eriksson went to court in 2011 after one of his financial advisors Samir Khan allegedly accepted ‘unlimited access’ to Sven’s wealth and proceeded to splash £10m on risky investments, including property schemes.

Sven, who took Khan to court and won, wrote in 2013: "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.

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

It’s been reported that Eriksson’s Björkefors manor on Lake Fryken in Värmland has been put up for sale. The property was listed on several occasions throughout the 2010s but Sven was seemingly able to keep hold of his home.

Eriksson paid 5.8m Krona (£420,000) for his home during the early days of his England role in 2002, carrying out full renovation work on the late 19th century property. The property's value shot up to 40million Krona (£3m) in the 2010s. But it’s said the price tag has now fallen to a starting price of 25m Krona (£1.8m).

The former England and Manchester City boss died on August 26 last year. Before his death, Sven delivered his own goodbye message in an Amazon Prime Video film.

"I had a good life. I think we are all scared of the day when we die, but life is about death as well. You have to learn to accept it for what it is,” he said.

"Hopefully at the end people will say yeah he was a good man, but everyone will not say that. I hope you will remember me as a positive guy trying to do everything he could do.

"Don't be sorry, smile. Thank you for everything, coaches, players, the crowds, it's been fantastic. Take care of yourself and take care of your life. And live it. Bye."