Larsson began his time as chairman at the same time as the great white period in Swedish football began with Uefa-cup titles in 1982 and 1987, Swedish champion seven times and three times Swedish cup champion.
He came to chair as president between 1982-2001. After that he was chairman of the National Sports Federation 2011-2005.

80-year-old Larsson was hospitalized for a week before he passed away.

- He has meant a lot to IFK Gothenburg. He has been absolutely crucial to IFK Gothenburg's success. He was so persistent and chaired for 19 years. It is an achievement in itself with the pressure both internally and externally. He has always been very good at doing what he thought was good for IFK Gothenburg, "IFK Gothenburg's current chairman Mats Engström told Expressen.