Eriksson is being lined up to take a coaching job in Iran, just a day after the Government ordered UK banks to cut all ties with the rogue nation.
Iran's continued attempts to develop nuclear weapons led to the sanctions,
with the rest of Europe and the US set to follow suit in the next few days.
But The Sun
reports that the former England boss is in talks over a £1 million offer from
Tehran-based club Persepolis FC, one of the top football clubs in Asia.
have claimed that they are in talks with the 63-year-old Swede - only recently
fired by Leicester City - about taking over the reins.
apparently considering making a trip to Dubai to meet Persepolis general
manager Mohammad Ruyanian, the paper adds.
British Chancellor George Osborne claimed on Monday that "Iran's banks are
involved in the development of Iran's weaponised military nuclear weapon
programme" - and Iran's pursuit of nuclear technology is considered one
of the greatest threats to world peace.