Former England football head coach, Sven Goran-Eriksson, has won an apology in court from his former financial adviser, Samir Khan, whom he claimed "defrauded" him.

Mr Eriksson took Samir Khan to court after the advisor allegedly accepted ‘unlimited access’ to Sven’s wealth and proceeded to blow £10 million on dubious investments, including property schemes.

One tabloid report claimed to have had exclusive access to court documents which allege that Mr Khan invested a portion of the money into Harry Redknapp’s property firm.

The QPR boss’s firm, which was predicted to turn profit of £4 million, subsequently lost £4.2 million.

Another one of the adviser’s supposed property splurges was a joint investment in a Barbados development, involving costs of £4.75 million for land and £3 million for building.

Mr Eriksson sued the advisor claiming he had lost £10 million, and that money had been "misappropriated".

Subsequently, the Swedish born football-guru wanted Khan jailed for breaching a court order made during the original trial in relation to a money-freezing order.

Mr Eriksson's damages claim - which Khan disputed - ended when Khan was made bankrupt earlier this year.

However Mr Eriksson has now abandoned his further attempt to have Khan held for contempt, after accepting an apology at a High Court hearing in London this week.

Mr Khan told Judge Mr Justice Peter Smith that he acknowledged breaching the order and was sorry.

Despite this, the judge still moved to hold Khan in breach of a money-freezing order made during the original trial three years ago.

The Judge said that Mr Khan had wrongly spent over £80,000 in breach of the order and was therefore in contempt.

However with proceedings being taken by the current China manager in an alternative route, it was put to Mr Eriksson that it may have been more beneficial to take up a contempt hearing against Khan, which could have ended in jail.

But the judge however, said proceedings had today concluded in a "sensible" fashion, with Errikson accepting the apology – and indeed the resulting £10 million loss.

[Picture: Doha Stadium Plus- Vinod Divakaran]