The Swede’s appointment was made after former Thai Premier Thaksin Shinawatra gained 75% of shares in the club to complete his takeover bid. The 59-year-old Eriksson said that the job was an exciting challenge, and that he was honoured and delighted to become manager.
Eriksson has been out of football since he left the England job after the 2006 World Cup in Germany. He is expected to be given transfer funds estimated at 100 million dollars to improve the squad. Two other Swedes are set to complete the management team - Tord Grip, Eriksson’s assistant with the England team, and Roland Anderson, who is currently Sweden’s assistant manager.
Eriksson’s CV boasts a very successful club management career in Europe, notably in Italy and Portugal, where he won numerous league and cup titles.
He came to prominence in the Swedish Allsvenskan league when he led the unfancied IFK Gothenburg to an historic league, cup and UEFA cup treble in 1982.