Sven-Goran Erikkson's family's heartbreaking reaction to news he died in huge amounts of debt
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The lawyer of Sven-Goran Erikkson has said it will be "no surprise at all" for his family that he died in debt. Reports this morning say Sven's estate had a deficit of just over 51 million kronor (£3.7m). Eriksson family's lawyer, Anders Runebjer told Swedish publication Expressen: “It is no surprise at all for those involved.
"It was expected. Svennis even said that 'I will not leave any money behind me'. And that was the case. It is the debt to the English tax authorities that is the background to the large total of debts. If it were not for that then there would have been no danger.”.
Sven's will states that his assets go to his children Lina and Johan. They would in turn ensure that Sven's father Sven Eriksson, 95, could continue to live at the same financial level as he does today. According to Expressen, Sven also wanted to give his girlfriend Yaniseth ten million kronor(£730,000), provided that his assets exceeded 100 million(£7.3m). Part of the money for his girlfriend was intended to pay for her son's university education.
Sven, who died in August last year aged 76 after being diagnosed with pancreatic cancer, also wanted to give one million kronor to his brother Lars-Erik Eriksson, as a thank you for taking care of their mother and father. The estate inventory also shows that Sven's funeral in Torsby cost 650,000 kronor (£47500). An additional 30,000 kronor has been set aside for a tombstone.
In 2011, Sven went to court after one of his financial advisors Samir Khan allegedly accepted 'unlimited access' to Sven's wealth and proceeded to blow £10 million on dubious investments, including property schemes. Writing in 2013, Sven said: "I was not interested in the details: if he said that an investment was sound, I trusted him.".
