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Mar 6, 2013

Eriksson 'didn't deal with Leicester money'

Former Leicester City manager Sven-Goran Eriksson has distanced himself from taking responsibility for the club's near £30 million losses.

Championship side Leicester recently posted losses of £29.7 million for the year ending May 31, 2012 - an increase of £14.5 million from the previous 12 months.

Eriksson was in charge of the club for a year after being appointed boss in October 2010, and the likes of Matt Mills and Jermaine Beckford were brought in for sizeable fees during his tenure.

But the former England manager has told BBC Radio Leicester: "I never dealt with money at all. I selected the players which I thought the club should go for and then it was up to the club secretary and the owners to do it, or not do it."

Eriksson, who is now the technical director of United Arab Emirates side Al Nasr, left Leicester and their Thai owners by mutual consent in October 2011 following an inconsistent start to the season.

"The owners wanted promotion," he said. "That was the whole thing to get to the Premier League as quick as possible and that was the understanding of everyone involved trying to get in players.

"My and my staff's job was to find players. To finalise the deals, that was not my job at all. I was never involved in any deals at Leicester. If you ask me today how much money those players were on and how much it cost to buy them I have no idea."

He added: "I made it very clear to them that I can find players for you and you do the deals. You do them or you do not do them.

"We did some very, very good deals. I am not talking about money, I am talking about players. And we did some deals which didn't go as well as they should have done - I agree with that. I suggested a lot of players and then it was completely up to them if they wanted to do it or not."

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