Eriksson Resigns

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Eriksson Resigns

Postby Somerset Blue » Thu Feb 11, 2010 8:18 pm

Sven-Goran Eriksson has resigned as director of football at Notts County following the club's takeover by former Lincoln City chairman Ray Trew.

Trew has paid £1 to buy the club from chairman Peter Trembling but Notts have debts which total more than £1.5m.

Eriksson has taken up an offer to continue in a non-active role as joint life president of the League Two club.

Lincolnshire-based business Trew said in a statement: "Our vision is not for the short term but for the long term."

It continued: "I know fans have been hoping for a miracle investor who will spend an astronomical amount of money for a shortcut into the Premier League.

"Notts County Football Club is in a difficult financial position. We are here to make sure that in the short term the situation is resolved to provide a platform for the club to move forward in the long term."

Trembling has left the club with immediate effect and Jim Rodwell takes over from Gary Townsend as chief executive.

Trembling added: "We have been on a relentless search over the last couple of months for parties intent on investing £25m-£50m into Notts County.

"I have said all along that for relatively little investment and the capability to build thereafter, this opportunity represents one of the best, pound for pound in football.

"Proposed investors have concurred with that statement and have shown intent and proof of funds in their respective quests for getting involved with Notts County.

"However, the biggest challenge all along has been time and it has proved impossible to secure the major investment in the tight timeframes we have.

"The new owners are not of the £25m+ ilk but they do know the football business and most importantly have sufficient funds available to ensure the immediate survival of this football club and not least in view of our court case in less than two weeks.

"In addition they are intent and focused on promotion this season which has been the major objective from day one."

Munto's summer takeover saw promises of a five-year plan to take Notts to the Premier League.

Former England manager Eriksson was named director of football and Sol Campbell was the biggest name signing as a host of new players joined the club.

But the new backers pulled out and Trembling took over in December.

The club have since been seeking new investors and face a winding-up petition for an unpaid tax bill that still stands at more than £300,000.

Notts were given a 28-day extension by the High Court on 27 January to settle the bill.

http://news.bbc.co.uk/sport1/hi/footbal ... 511198.stm

Not exactly unexpected. What next for Sven?
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Re: Eriksson Resigns

Postby Ted Hughes » Thu Feb 11, 2010 9:17 pm

A non active role!! Wtf?

Probably means they can use his face on advertising in exchange for free tickets & use of a nice little shagging pad in the Nottingham area (where coincidentally there are lots more women than blokes).
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Re: Eriksson Resigns

Postby irblinx » Thu Feb 11, 2010 9:19 pm

Somerset Blue wrote:
Not exactly unexpected. What next for Sven?


More dodgy TV adverts?
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Re: Eriksson Resigns

Postby Whassat » Thu Feb 11, 2010 9:25 pm

Apparently, in the swedish newspaper DN, he have applied through his agent Athole Still to lead Nigeria in the World Cup.

http://www.dn.se/sport/fotboll/svennis- ... -1.1043672

Sven-Göran Eriksson might be heading for the World Cup.

Reportedly, he sought the coach job of Nigeria's national football team and the Swede's agent confirms two job offers from World Cup nations.

The Nigerian Football Federation, NFF, recieved an application by "Svennis" agent Athole Still on Tuesday, according to the Nigerian football website Kick Off Nigeria.

- I can not comment on my client's situation, " said Still to Kick Off Nigeria, which is interpreted as a sharp contrast to a call a few months earlier when the Swede's name also came up and was soundly rejected.

NFF has set the end of February as the deadline for applications in the search for replacements for Shaibu Amodu. But according to Still Eriksson is keen on an even faster solution to their situation.

- I wont confirm that Eriksson did seek the service or if he has received a requests from Nigeria, but he has three major job offers and the end of February is too late to him, " still says to Kick Off Nigeria. Two of these offers are from World Cup nations.

Louis van Gaal and Guus Hiddink are among the most spectacular names that have appeared recently in discussions regarding the post as the nigerian national coach, but also Zambia's successful coach Herve Renard, Ghana's Ratomir Dujkovic and former British Under-21 coach Peter Taylor has been mentioned.

Eriksson is currently general manager of English League Two team Notts County, but is quoted as about to leave the club after a turbulent season. Last fall it was claimed that he was to be appointed national coach for North Korea. It was rejected though by Eriksson.

Already in 2006 there where rumours that the swede was a candidate for the coach job for Nigeria.
Last edited by Whassat on Thu Feb 11, 2010 9:37 pm, edited 4 times in total.
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Re: Eriksson Resigns

Postby CitizenYank » Thu Feb 11, 2010 9:35 pm

Is there any FA Club (excluding us) that doesn't have there finances in the ringer???
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Re: Eriksson Resigns

Postby Ted Hughes » Thu Feb 11, 2010 9:40 pm

Athole Still needs a better phone. Whenever he's interviewed on the radio it sounds like his pet budgie's kicking off.
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Re: Eriksson Resigns

Postby Mr Miyagi » Thu Feb 11, 2010 10:07 pm

How about Director of Football at City, working with his mate Mancini ??
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Re: Eriksson Resigns

Postby Beefymcfc » Thu Feb 11, 2010 10:15 pm

Trew has paid £1 to buy the club from chairman Peter Trembling but Notts have debts which total more than £1.5m.

Was that debt due to Svennis' wages?
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Re: Eriksson Resigns

Postby Kiss_The_Goat » Thu Feb 11, 2010 10:24 pm

Mr Miyagi wrote:How about Director of Football at City, working with his mate Mancini ??


No thanks. I dont want that leech anywhere near City.
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Re: Eriksson Resigns

Postby LookMumImOnMCF.net » Thu Feb 11, 2010 10:27 pm

I'd have him back
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Re: Eriksson Resigns

Postby Original Dub » Thu Feb 11, 2010 10:41 pm

LookMumI'mOnMCF.net wrote:I'd have him back
th

speak up man, for fuck sake!! ;)

I think he's finished mate - he was a very good manager in his time, but he's all about the wonga these days.

Pussy and money - the cheek of him.
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Re: Eriksson Resigns

Postby Niall Quinns Discopants » Fri Feb 12, 2010 6:31 am

Mr Miyagi wrote:How about Director of Football at City, working with his mate Mancini ??


You are probably taking the piss but honestly, I'd have him as director of football. Over Marwood certainly. Whatever you think of him, Sven can pull A list players (and birds) like no one else.
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Re: Eriksson Resigns

Postby Slim » Fri Feb 12, 2010 6:32 am

Eriksson Resigns


This is getting as popular as "Sky Sports Understands...."
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Re: Eriksson Resigns

Postby btajim » Fri Feb 12, 2010 8:24 am

Slim wrote:
Eriksson Resigns


This is getting as popular as "Sky Sports Understands...."


No it isn't Eriksson sacked...
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Re: Eriksson Resigns

Postby Slim » Fri Feb 12, 2010 8:46 am

btajim wrote:
Slim wrote:
Eriksson Resigns


This is getting as popular as "Sky Sports Understands...."


No it isn't Eriksson sacked...


Except he wasn't sacked most of the time(Mexico is the exception), mutual consent crops up a lot.
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Re: Eriksson Resigns

Postby MaineRoadMemories » Fri Feb 12, 2010 10:56 am

Resigns?? Does that mean for the first time ever he won't be getting paid off in full? Wow, Sven must be pissed off with that outcome.
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Re: Eriksson Resigns

Postby btajim » Fri Feb 12, 2010 11:56 am

Slim wrote:
btajim wrote:No it isn't Eriksson sacked...


Except he wasn't sacked most of the time(Mexico is the exception), mutual consent crops up a lot.


"Mutual consent" is almost always a face saving device on behalf of the Employee.

Mexico, City and England were all pretty much a sacking. He's humiliated himself at Notts County, IMHO. No wonder Sol Campbell walked after one game.
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Re: Eriksson Resigns

Postby Mr Miyagi » Fri Feb 12, 2010 12:13 pm

Niall Quinns Discopants wrote:
Mr Miyagi wrote:How about Director of Football at City, working with his mate Mancini ??


You are probably taking the piss but honestly, I'd have him as director of football. Over Marwood certainly. Whatever you think of him, Sven can pull A list players (and birds) like no one else.


Ha ha. You might have thought so but I was actually being partly serious. It's not a bad idea at all. And I agree about your Marwood comment, who has become director of football in all but name.
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Re: Eriksson Resigns

Postby Original Dub » Fri Feb 12, 2010 12:27 pm

Mr Miyagi wrote:
Niall Quinns Discopants wrote:
Mr Miyagi wrote:How about Director of Football at City, working with his mate Mancini ??


You are probably taking the piss but honestly, I'd have him as director of football. Over Marwood certainly. Whatever you think of him, Sven can pull A list players (and birds) like no one else.


Ha ha. You might have thought so but I was actually being partly serious. It's not a bad idea at all. And I agree about your Marwood comment, who has become director of football in all but name.


9 times out of 10 Directors of football cause disharmony, let alone the guy who used to be Roberto's boss.

Sven won't attract any players that Manchester City can't already attract. Money and/or champions league qualification is what players want. not a washed up money grabber telling them "the light is this way".

His heart isn't in football anymore, its in his wallet.
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Re: Eriksson Resigns

Postby Whassat » Fri Feb 12, 2010 9:38 pm

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http://www.guardian.co.uk/football/2010 ... -interview

Sven-Goran Eriksson: How I was conned at Notts County
Sven Goran Eriksson, the day after he walked away from his job as director of football at Notts County. Photograph: Tom Jenkins

Sven-Goran Eriksson revealed for the first time has the full story behind his chaotic seven months at Notts County and the bizarre sequence of events that began with hopes of a multi-million-pound revival for the Football League's oldest club only to end with it on the brink of financial collapse.

Twenty-four hours after cutting his ties with the League Two club that has been his employer for the past seven months Eriksson opened his heart to the Guardian. In a candid interview the former England manager has laid bare:

• How he was promised the players and facilities to guarantee Premier League football

• How he entered negotiations to help run North Korea's national team

• The circumstances behind the England defender Sol Campbell's abrupt departure from Meadow Lane

• When he had his first doubts about Munto Finance, the club's offshore-­registered parent company

• His anger at the vanishing act that left the club with vast debts and the threat of winding up

The strangest experience of Eriksson's football career began last June when he received the first contact from Russell King and Nathan Willett, two former Jersey-based financiers who claimed to be representing a wealthy consortium of investors from the Middle East and Europe, via a third party. They met at the Dorchester Hotel, where King was a ­regular resident, and gave a "very clever, very convincing" pitch to Eriksson about moving to Notts County.

"I met these two guys and they were very enthusiastic about what they said," Eriksson said. "They had already bought the club and they wanted to take it to the Premier League. There were a lot of promises about players, about the training ground, the academy; they said they would fix the stadium, that they would buy feeder clubs."

After initial reservations about joining a struggling club in English football's fourth tier Eriksson was persuaded by the ­prospect of taking the world's oldest league club to the top of the football pyramid and promptly signed up. "I liked the idea of the project, the challenge to do it. It was like a dream to me. And if all their promises had been true, we would have done it."

Soon King's and Willett's promises were backed up by the arrivals of Kasper ­Schmeichel and Sol Campbell, fresh from contracts with the Premier League clubs Manchester City and Portsmouth, deals that were also negotiated by King and Willett.

"I had no doubts about it in the beginning," he explained. Eriksson's faith in his employers was not shaken even when Campbell quit the club after a single game. Nevertheless, the circumstances of ­Campbell's departure were consistent with the surreal nature of events at Meadow Lane.

"He played that game away [at Morecambe] and asked the manager if he could go to stay for two days in Newcastle," said Eriksson. "He got permission and left on Saturday evening. Then he called [the chairman] Peter Trembling. Peter called me the next morning and said Sol wants to leave. I called Sol and said could we meet when he came back. We had an agreement to meet after training on Tuesday.

"He started training and in the middle of training he went. I don't know if he told the manager he had some small problems. I thought that after training we would have a meeting but when I came back he was gone. He knew the conditions at the club, I'd shown him the ground and the training ground. Of course there were promises from Willett and King that we would fix it, that they would make the stadium and dressing rooms better and everything. But nothing ­happened and Sol was concerned about that. We have never spoken since but I guess he felt cheated by them too."

Eriksson says he was still being sold the grand vision of the club, not least by Nathan Willett's father, Peter, who had joined the Notts County board. Eriksson said he believed Peter Willett was the actual owner. "He came a ­couple of times and said he would fix the stadium and would make the training ground better and then he suddenly disappeared. He never came back."

But still Eriksson was living a life more suited to the director of football of a ­Champions League club than one in the lowest division of the Football League. Indeed, some elements of the project were truly unique.

"I went on 19 October to North Korea, together with Russell King and Nathan Willett," he said. "When I went home from there I started to have doubts because of what I saw in that country and what ­happened after that."

They were accompanied by a member of the Hyat family, which the club had stated has "extensive business interests" across the Middle East and Asia; Eriksson says this man was projected as the "big guy" behind the investment in County. However the Guardian later tracked down Anwar Shafi, the acknowledged head of the Hyat family, who disavowed his ­relative's claims.

"They cheated," Eriksson said. "I was invited there to talk football and I met the president of the Football Association there, coaches of the national team, I saw games and the training and I had a lot of meetings.

"They wanted help with a lot of things. They wanted footballs and boots and coaches and for us to take care of teams in North Korea. They wanted the team to come to Europe and they wanted help with the scouting and help with friendly games, analysing opponents, etc.

"Of course this would have cost money and they [King, Peter Willett and their associates] said everything was OK. When we came home the days went on and I contacted Nathan Willett and I said I needed a contact number for the people in Korea to start to do it. So I prepared places in Europe for them to take their teams for six months and we contacted sponsors to help out about everything.

"But I never could contact anyone in Korea and nothing happened. And I felt sorry for them because I'd promised on behalf of these guys and I never could contact them so I wondered what was going on."

While the party was in Pyongyang, ­Willett and King and their colleagues went to meet officials at the ceremonial Mansudae Assembly hall. "I was there for football and they went to visit people at the palace," he said. "I saw them handing out share certificates in Swiss Commodity Holding [the company whose corporate logo was incorporated into Notts County's club crest] to people. These were not for millions but billions. I tried to joke: why don't you put some of that into Notts County? And they said, 'Take it easy, Sven, you'll have your players and you'll go to the Premier League.'"

But when it emerged that the club was running up huge debts as bills went unpaid, with the taxman even issuing a winding-up order in November, Eriksson's perspective began to change. "Then the club had problems with money, bills not being paid. So, of course, I started to be doubtful and they never paid me what they promised," said Eriksson. "In my initial contract I was promised 10% of the club but I never received anything."

Eriksson has been hit in the pocket by this experience. Though he refused to go into details of his financial arrangements club sources say that inagreeing to leave Meadow Lane after the takeover by a ­consortium led by the former Lincoln City chairman, Ray Trew, on Thursday, he has waived a £2.4m pay-off, accepting instead two months' wage arrears. Trew, now County's chairman, has described the Swede as an "absolute gentleman".

"I signed the agreement to leave because there was never a question I should stay here," said Eriksson. "I told the players and staff today and the people in the office: that's it."

Eriksson accepts that his decision to place his faith in King and the Willetts might have damaged his reputation. "I don't know if it's affected me like that," he said. "All I can say is I've gone in with open eyes and I liked it and it went wrong. Maybe I should have had suspicions but I didn't have that in the beginning."

At the height of the roller coaster ­Eriksson did not want to hear others' suspicions about Munto. When I confronted him on the issue at the Leaders in Football conference early last October, Eriksson appeared irritated, referring me to Trembling without hearing me out. But County's crash has been so alarming, the gap between what Willett and King said and reality so wide, that now Eriksson feels compelled to break football's omerta and tell one of the most extraordinary stories that has befallen the game in decades.

"Sometimes things go wrong in ­football," said Eriksson. "You can lose games, own-goals, you can buy the wrong players. But you do it in the right spirit and you do it honestly. That is not how it went wrong at Notts County. If you are not trying to cheat people, it is very easy to come out and say that it went wrong. People will not like it but they will understand. But when they disappear like that: it's morally very, very bad. This is why I am talking about it.

"I did feel personal responsibility. I know some of the players wouldn't be there if I was not, of course I feel that. I feel very sorry for the players and the fans. I tried as hard as I could to find people who could help us, I've been to Norway, to Sweden, to Spain, to London many, many times to find investment.

"But what's disappointing about these people is that they just disappeared ­without saying anything. Without any message to the players, to the fans, to the staff. Just gone."

Now Eriksson will look to rebuild his career, putting the experience of the past eight months behind him. A man with league titles in Sweden, Portugal and Italy and two World Cup quarter-finals on his resumé will not want for work and he has been inundated with calls from agents, although he has received no ­formal offers.

So when all is said and done and he looks back on the past eight months, what has he learnt from the experience? "Maybe I trust people too much."
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