Sven-Goran Eriksson’s Lakeside Mansion Sold Amid Debt Struggles

Sven-Goran Eriksson’s Mansion Sold to Settle Debts

Sven-Goran Eriksson’s lakeside mansion has been sold in a cut-price deal as his family continues to grapple with the late ex-England manager’s significant debts. Eriksson, who famously led England to two World Cups and a European Championship during his five-year tenure, originally purchased the luxury property in Torsby, Varmland, Sweden, for £4.5 million in 2001. Following his passing at age 76 from pancreatic cancer in August 2024, the family accepted a £3 million loss on the estate, ultimately selling it for just £1.3 million.

Eriksson’s Family Forced to Sell Off Assets

The financial woes facing Eriksson’s family are considerable. Earlier this year, his partner Yaniseth Alcides and children Lina and Johan organized an auction to liquidate some of Eriksson’s memorabilia, including the iconic Armani suit he wore during England’s 2006 World Cup round of 16 match—complete with hand-written team notes. The auction raised £140,000, a modest sum compared to the outstanding debts.

Mounting Debts and Tax Liabilities

Reports indicate Eriksson owed the UK tax authorities £7.4 million, in addition to £1 million in other liabilities. The family initially listed his lakeside mansion at £2 million, slashing the price by £400,000 to attract bidders. Ultimately, an anonymous e-commerce businesswoman purchased the historic home, drawn by its cultural significance and personal ties to Torsby.

Buyer’s Emotional Connection to Eriksson’s Lakeside Mansion

The new owner, who first visited the mansion as a child when her father renovated it, expressed her excitement: “Managing a piece of Värmland’s heritage is a privilege. We live and work in Stockholm but my soul is always in northern Värmland. Our dream is to make Bjorkefors a gathering place for generations.” Her deep-rooted connection to the region promises a new chapter for Eriksson’s former residence.

How Sven-Goran Eriksson’s Finances Unraveled

Despite earning over £22.5 million during his England stint and millions more across a 42-year coaching career at 12 clubs and four national teams, Eriksson’s finances deteriorated after a £10 million scam orchestrated by advisor Samir Khan. Although Eriksson won the ensuing legal battle, he was never able to recover the lost funds. This setback, compounded by other financial missteps, left the family facing the painful decision to sell their beloved home.

Eriksson’s Enduring Football Legacy

Eriksson’s managerial journey spanned continents, with successful stints at Lazio, Roma, Manchester City, Leicester, and Benfica, as well as national teams including the Ivory Coast, Mexico, and the Philippines. He led England to consecutive World Cup quarter-finals in 2002 and 2006 and fulfilled a lifelong dream in March 2024, managing Liverpool in a legends match against Ajax.

Opinion: A Cautionary Tale for Football Icons

The sale of Sven-Goran Eriksson’s lakeside mansion is a poignant reminder that even football’s biggest names are not immune to financial misfortune. Eriksson’s remarkable career brought sporting glory to many, but his story serves as a sobering lesson of the importance of trusted financial stewardship. For more news on football’s legends and their legacies, visit for more news.