THE SIDELINES : Borg May Lose House Over Debt

Former tennis superstar Bjorn Borg’s elegant seaside home will be seized and sold to the highest bidder if he doesn’t pay more than $1 million within a month, court officials said today.

Bailiffs visited Borg’s home in a Stockholm suburb Wednesday to assess its value. “They were not let in because nobody was home,” said Bjorn Edgren, a senior court official.

Borg reportedly was in Italy to watch World Cup soccer action with his wife, Loredana.

He was given an extension until July 20 to pay the debt. “Then we can use a locksmith,” Edgren said. The house would then be sold at auction.

The $1.1-million debt owed by Borg’s former business partner, Lars Skarke, was personally guaranteed by the retired tennis star. Skarke was managing director of Borg’s clothing company, which collapsed last year.

Borg’s lawyer, Henning Sjostrom, said the debt payment was being arranged from Italy but had been delayed. He said Borg plans legal action against Skarke aimed at getting the money back.