The statue has been a target of angry fans at Ibrahimovic's hometown club ever since Sweden's record international goalscorer announced he had acquired a stake in a rival team.
Ibrahimovic made his name at Malmo FF before a trophy-laden career abroad but the announcement that he had taken a nearly 25% stake in Stockholm club Hammarby led Malmo fans to vent their ire on the 3.5-metre tall statue outside their club.
Fans scorched the statue with flares and sprayed racist messages on the ground nearby hours after the announcement on Nov. 27.
A Malmo police spokesperson told the BBC that vandals had placed a rope around the neck of the statue in the early hours of Thursday morning and tried to saw through its feet. "There is a risk now it could fall and we have placed a fence around it," the spokesperson added.
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