Former England and Manchester City boss Sven-Goran Eriksson has been handed a reported £10million war chest so he can spend big at Leicester City.

The Swede was recently unveiled as the new manager of the Foxes, taking over from Paulo Sousa, and Thai owners Vichai and Aiyawatt Raksriaksorn, worth £135m, will give him money to spend in the January transfer window.

"I was asked by the owners, 'how much money do you want?' The target here is very clear - Premier League," Eriksson said.