Revealed: Sven-Goran Eriksson died £3.7m in debt after being defrauded by financial advisor - as his luxury lakeside mansion goes up for sale with knock-down £1.8million price tag
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Sven-Goran Eriksson died £3.7million in debt after years of financial mismanagement and being defrauded by his former financial advisor, it has been revealed. The former England manager owed a total of £8.64 million (118 million Swedish Krona), and had assets of £4.8m, leaving his estate with a hefty deficit.
The largest single share in the new figures was tax debts in the UK, owed to HMRC, totalling £7.25 million, according to Swedish news outlet the Göteborgs-Posten. The Swede said on several occasions that he had poor control over his finances despite his illustrious career in football, reportedly telling Expressen in 2017: 'I have no idea how much money I have and where it is.'.
He admitted that he was close to bankruptcy at one point after losing £10m to financial adviser Samir Khan, who he entrusted with his fortune in 2007. He later took Khan to court and won, receiving an apology, but said he never got the money back. The luxury mansion where Svennis spent the final years of his life is now up for sale for what is being described as a 'bargain' price.
Björkefors Manor, on the banks of Lake Fryken, is set in a sprawling and secluded estate complete with beautifully-kept gardens, woodland and a private beach. It was previously put up for sale on several occasions throughout the 2010s, but Svennis was seemingly able to hold on to the property until the end of his life.
