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.

Investors were shocked last Friday by news that a fund, that has invested in Greek jewelry chain Folli Follie, is questioning the financial data of the Greek company as it considers them to be fabricated.

Two months after the last-incognito-visit of Hamad bin Khalifa Al Thani (erstwhile emir of Qatar)i, one of the daughters of the Emir, Sheikah Sarah, visited Greece.

“After eight years of memorandum oversight, Greece is ready to take the decisive step for the definitive exit from the crisis,” Prime Minister Alexis Tsipras said on Saturday in an article published in ‘Efimerida Ton Syntakton’ newspaper.