Panathinaikos football club sold to PAN ASIA FUND
- Written by E.Tsiliopoulos
Panathinaikos FC has been sold to PAN ASIA Fund, after current owner Giannis Alafouzos and Pairoj Piempongsant, the Thai businessman heading PAN ASIA Fund, reached an initial agreement following their meeting in Athens, Saturday.
The two sides released a joint statement confirming their agreement and detailed the time scheduled for the developments with June 30 expected to be the final date when the club passes into the hands of the Asian Fund.
According to the statement, an audit of the club’s finances will start soon, which is estimated to be complete by June 30, at which time the shares of the current owner will be transferred to the new owners. Any decisions concerning the club will be reached jointly effective immediately, as the statement makes clear.
Related items
- A Greek wine ranked No. 2 worldwide, surpassing Riesling and Barolo
- Greek government committed to legality and consumer protection
- PLAY to fly from Athens to Iceland and USA from June 2023
- Panathinaikos Stadium: Reduced area and more greenery in Votanikos
- PM Mitsotakis presents 'Fofi Gennimata' breast cancer screening programme
Latest from E.Tsiliopoulos
- Elon Musk was dazzled by... Eleni Tsolaki - "A wonderful way to wake up in Greece," he commented
- Skiathos: The sustainability of the island is the strategic compass for its tourism development
- Ministers attend commemorative events for Lord Byron in London, Missolonghi
- Crete's authorities, population taking part in largest Greek earthquake exercise; to serve as model
- Def. Min. Dendias: Greek airspace will become impenetrable under defense reform