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It appears that the report about the former England and Mexico coach taking over at the helm of the secretive Communist nation had no substance to it after all...

The rumours linking former England manager Sven Goran-Eriksson, now director of football at Notts County, with the manager's job for the national side of North Korea were unfounded.

According to Goal.com sources, Eriksson was present in Korea along with County's executive chairman Peter Trembling, but the pair were not discussing a move – rather, they were studying potential investment opportunities.

Eriksson is believed to be focused on finding a successor to departed manager Ian McParland, who was relieved of his duties earlier this month.

It is not yet clear whether a 'big name' boss will replace the Scottish coach, but former Internazionale boss Roberto Mancini has been ruled out of the running by the manager's representatives.

Notts County currently occupy fifth spot in League Two, with 21 points from their first 12 games of the season.

Alan Dawson, Goal.com UK