Sacked Manchester City boss Sven Goran Eriksson has been named new coach of Mexico.

The appointment of the former England boss was announced at a media conference led by the Mexican Football Federation (Femexfut) president Justino Compean.

The Committee of the owners of the 18 top-flight teams unanimously approved the 60-year-old Swede as the successor to Hugo Sanchez, who was sacked in March for failing to guide the Under-23 side to the Olympics.

Eriksson, speaking in Spanish, said: "I want to thank the Mexican Football Federation for their confidence and support.

"Our goal is (to qualify to) the 2010 World Cup and try to do it better than in the past."

Eriksson claimed he was excited by the challenge of helping Mexico reach the World Cup in South Africa.

He said: "Mexico is a big big job. To help Mexico reach the World Cup is a big challenge. You (Mexicans) have 120 million people and it's motivating."