Outgoing Arsenal manager Arsene Wenger has been hailed by Sven-Goran Eriksson, who paid tribute to the Frenchman's "fantastic job" in north London.
After more than 20 years in charge, the current season will be Wenger's last at the Emirates Stadium.
The manager announced his intention to step down in April after seeing the Gunners once more fail to reach the Champions League and amid calls for change from some sectors of the club's fanbase.
For Eriksson, however, his legacy will live on for a long time in the club after he leaves.
"He played the Champions League every year, except the last season. And I think that he leaves Arsenal in a very good economic position.
"He will always be remembered at Arsenal as the coach who led them to their new stadium, without any debt. They have also a fantastic training ground and they have a reputation that is incredible.
"So, I think that the whole of Arsenal and all their fans can be very, very grateful to Mr Wenger."
Aside from leading England to two World Cups, Eriksson is remembered for his work at Sampdoria and Lazio during a golden age in Italian football in the 1990s.
Serie A has now failed to produce a Champions League winner since Inter lifted the title in 2010, and the Swede believes finances and infrastructure are the principal reasons for that drop-off in quality.
"Unfortunately, football today, it's all about money. That's a fact and we cannot do anything against that," he added.
"During my time in Italy, the best and the most interesting football in the world was Italian. After that came England. Today, the Premier League is the most interesting championship.
"It is also the most powerful and the most expensive. It's a pity to see that the stadiums aren't always full in Italy, but it will always be a big place for the coaches and hopefully they will back in the running again.
"I think Italy needs a lot of new infrastructure. Many of their stadiums are no longer football stadiums today. They will always be a fantastic football nation and they will come back to where they belong, I'm quite sure about that."