Sven-Goran Eriksson has resigned as Notts County director of football following the club's takeover by Ray Trew.
The former England manager has now taken up the role of joint-life president at the Coca-Cola League Two side. Former Lincoln chairman Trew paid £1 for the club, but the Magpies are said to have debts totalling over £1.5million.
New chief executive Jim Rodwell told the BBC: "He (Eriksson) has agreed to stay on as joint life president which is a less hands-on role but it gives people an idea of how honourable Sven has been to deal with."
Midfielder Matt Hamshaw also praised the Swede, saying: "He never missed a day's training even in the snow and rain.
"He has stuck through it all. He was a real gentleman and was always there to help players out."
Source: PA
