England have to beat the Greeks at Old Trafford to book their place in the World Cup Finals in Japan and Korea next summer.
Eriksson watched our Premiership thriller against Manchester United at the weekend before recalling Teddy to the squad for the first time since the friendly victory over Mexico in May.
Speculation is rife as to who will start up front on Saturday in Michael Owen's absence - it's between Teddy, Andy Cole, Emile Heskey and Robbie Fowler - but Teddy seems to have caught Eriksson's eye.
"I'm very happy for Teddy," said the England boss. "He has started the season very well with Tottenham.
"He is not young anymore but he is behaving on the pitch like a young player and that is what is important.
"He's an experienced, clever player who can read the game if he's on the pitch or on the bench. He's very clever. When Teddy stops playing he has a very good possibility to be a coach or manager."
Sven Goran Eriksson joined the recent chorus of praise for Teddy Sheringham - but gave nothing away as to whether or not our skipper would start for England against Greece on Saturday.