Giannis Alafouzos

Greece's record champions Olympiakos should accept the sanctions, including a docked point, for crowd trouble in their abandoned Athens derby against Panathinaikos for the good of the sport, Panathinaikos president Giannis Alafouzos said.

Success in Greek soccer is often weighed down by off-the-field controversy. This time it's the killing of a fan in Athens.

Panathinaikos owner Giannis Alafouzos missed being in France to see his team eliminate former European champion Marseille from the Champions League on Tuesday - its biggest game in more than a decade.

Aristides Alafouzos, the late owner of Kathimerini, loved challenges. In 1988, a critical period for the Greek press, he bought Kathimerini, ensuring that the prestige and integrity of this historic newspaper would be preserved.

Four more people have died from the coronavirus, raising Greece's total fatalities to 67.

The four victims, three men and a woman, died in Athens (3) and Thessaloniki (1) hospitals, TV station Skai reported.

Panathinaikos owner Yiannis Alafouzos announced on Saturday he has accepted the proposal of the Pan Asia Investment fund for the acquisition of his controlling stake in the Athens soccer club.

Panathinaikos football club communications director Stamatis Garris denied the figures circulating in the media regarding the team’s accrued debts. Responding to an article published in sports newspaper “Prasini”, which claimed the club owed 54 million euros, Mr. Garris underlined that the true number was 34.7 million.

Uncertainty over the financial future of Greek football giants Panathinaikos Athens continues, after Dimitris Giannakopoulos, the major shareholder and owner of the basketball team of Panathinaikos informed the fame through his Instagram account he was abandoning the “PAO Foundation” project as the whole initiative was not financially viable.

The fate of the football club of Panathinaikos is hanging in the balance, after major shareholder of the basketball team Dimitris Giannakopoulos released a statement clarifying that despite his efforts to assist in finding a solution for the club and keep it financially viable no progress had been achieved, announcing his intention to abandon any further attempts to intervene.

Panathinaikos owner Yiannis Alafouzos announced on Thursday he is leaving the club and is asking for any wealthy members of the Greens' fan base to take over in this difficult moment for the capital's biggest soccer club.

The Instagram account of the President of Panathinaikos basketball club and major shareholder, Dimitris Giannakopoulos, was flooded with messages by fans urging him to take control of the football club, minutes after the owner of Skai TV and outgoing President of PAO Giannis Ala