Liedholm was born on 8 October 1922 in
Valdemarsvik, to parents Erik Fredrik Elias Liedholm (1887–1950), a sawmill manager, and Anna Kajsa Lovisa Bergman (1900–1973). He joined his first club,
Valdemarsvik, in 1938. In 1942, he joined
Sleipner and in 1946 moved to
Norrköping, a bigger Swedish club with whom he won two Swedish league titles. During his time with Norrköping, he also earned 18
caps for the
Sweden national team, winning the
gold medal at the
1948 Summer Olympics. This eventually gave him the chance to join
AC Milan in 1949. He made his
Serie A debut on 11 September 1949 in a 3–1 win against
Sampdoria. In his first season with Milan, the midfielder played 37 games and scored 18 goals. In 1951, Liedholm won the first of his four
scudetto titles. Another three titles followed in 1955, 1957 and 1959. A player with a club that was having the best spell of its life up to that point, Liedholm also won the
Latin Cup in 1951 and 1956 and was
captain of
AC Milan in the
1958 European Cup Final against
Real Madrid, losing 3–2 (after extra time). It is said that Real Madrid great Alfredo Di Stefano who felt, despite victory, he knew it was a match Milan could have won. Asking Liedholm to exchange shirts, Liedholm said to him: "Keep it. That won't matter. The only thing that will be remembered from this match down the years is that Real Madrid won". Famous for his passing abilities and tactical awareness, Liedholm was the creator of many of
Gunnar Nordahl's goals. According to legend, it took two years playing for Milan until Liedholm misplaced his first pass at the
San Siro, the rarity prompting a five-minute ovation from the home crowd. Liedholm was also one of the first players to realise the importance of fitness to a good performance. Consequently, he put in many more hours of training than other players, saying himself that he did the 100 metres, 3000 metres,
javelin,
shot put and
high jump twice a week. His club career would continue until he was almost 40. ==International career==