British media: The late Swedish coach Eriksson was saddled with huge debts, and his family was forced to sell their mansion to pay off the debt.
6686 Sports News on November 11 According to the British media "Mirror", the late Swedish coach Eriksson's mansion was sold at a low price, and his family is selling his assets to pay off the debts left when he died - a total of more than 7 million pounds.
The former England coach died of pancreatic cancer in August last year. At the time of his death he owed HMRC £7.4m and had other debts of at least £1m. Now it's revealed that his family has sold his seven-bedroom home in Torsby, Sweden's Värmland province. The luxury property has now officially sold, but for more than 25% less than originally planned.
According to the "Sun" report, the property was originally listed for 2 million pounds, but in order to attract buyers, it was finally forced to reduce the price by 400,000 pounds. It is understood that an anonymous e-commerce businesswoman bought the property and eventually sold it for an undisclosed price of at least £1.3 million. Her father had previously renovated the house for Erickson.
Erickson bought the house for 4.5 million pounds in 2002 when he was the England coach, but now sold it for a loss of about 3 million pounds. In addition to selling the property, his family had to sell off his collection of memorabilia to raise funds. Among the items they cashed in was an Armani suit he wore during England's last-16 match against Portugal in 2006 - his last game in charge - with his handwritten team notes in the pocket. The suit was eventually sold for £140,000.
Although Eriksen has earned millions of pounds during his 42-year coaching career, coaching 12 clubs and four national teams, he is still saddled with huge debts. His most lucrative coaching experience was with the England national team, where he earned £22.5 million over five years.
However, he invested in a film scheme designed to defer tax, which ultimately failed and was ruled illegal, leaving him owing millions of pounds to HMRC.
