And in Eriksson they have a coach who is calm, experienced, and has the total respect of England's players.
Brazil are tough opponents, but their shambolic defending offers genuine cause for hope.
If England pass their quarter-final against Brazil, then anything is possible.
England have conceded one goal in four games, a statistic which stands well with any team hoping to win the World Cup.
In midfield they have the Manchester United trio of David Beckham, Nicky Butt and Paul Scholes forming an effective unit, and in attack they have Michael Owen.
Owen, with due respect to Beckham, is the best big-game player in the England team by a distance.
He gave the impression that his long-awaited goal against Denmark was merely the warm-up act for the more serious challenges ahead.
England performed with consumate professionalism in the rain-soaked surroundings of Niigata's magnificent Big Swan stadium, giving those of us who held out faint hope of a World Cup triumph that tell-tale tremor of over-expectation.
But the answer to the key question is this: yes, England can win the World Cup.
Opportunity has knocked, now it is up to Sven-Goran Eriksson and his team to open the door.
They are more than capable, and in doing so fulfilling the dreams of a nation.