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pash    1,245

Easy to be the most improved when you have so much to improve. I'll be surprised if you don't go broke from having to pay those past due wages.

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jvc    752
2 hours ago, pash said:

Easy to be the most improved when you have so much to improve. I'll be surprised if you don't go broke from having to pay those past due wages.

I can't believe you of all people didn't catch on....Berg wasn't getting any younger,  so both parties needed to cash in the chips.  That being said,  PAO needed to get rid of bad contracts....so stopped paying the scrap.  At the end of the day,  PAO came out on top. To add  saved over 40 percent and got out of dead end deals., and I believe Ouzo had a big part in this,  wanted the dead wood out. 

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Yiankos    79

Dear jvc Panathinaikos has to challenge himself. The rest is bs. Leave Olympiakos alone, you cannot touch him yet.

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Yiankos    79

All three of our owners have given plenty of lectures on how they are going to smash Olympiakos and get the championship. For quite a few years... It's time for action and seriousness from everybody. We reached the bottom, especially in Europe (mainly AEK and Panathinaikos) and it's time for something to honestly change for the better.

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BostonThanatos    454

PAO had a 7 minute span of their defense falling asleep (Reminds me of that match we had in Europe, I forget against who)  and lost their 2-0 lead by allowing 2 almost identical goals and a penalty.

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Dutch Eagle    615

The Gavros reached GS of CL after a win away in  Croatia.

Good for us for three reasons:

a) Greece gets points for the coefficient;

b) Croatia does not get points (now);

c) we don't have to split the TV-Revenues of EL with them.

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jvc    752

With Olympiakos qualifying for the CL....that guarantees they will win the supa league by December.  They will most certainly be even stronger for next season as well.  I can honestly see them winning another 5 in a row.

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pash    1,245

I'm reading some real bad coverage of Iraklis...wonder how this will play out.

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Blackhawk    798

Iraklis is a very complicated situation that involves the original Iraklis, the fake Iraklis (AEP), and fans with major complex that dictate on how their team should be run, pretty much not allowing any investor into putting money into the team.

The fake Iraklis decided that they can't take part in Football league and basically are being dissolved by the crooked owner Spyros Papathanasakis. He could decide to play in 3rd division (amateur), but I doubt that he has any money to do that either. Now who will pay the 4 mil Euro debt he created is another question.

Then there is the amateur Iraklis (the real one) that could field a football team if they decide to do so, but they would have to start playing in Thessaloniki's 3rd division. Incidentally the amateur Iraklis has a debt of 499 milion Euro!!!

Another option is to create another fake Iraklis and there is already talk of absorbing the team Iraklis Ambelokipi and renaming that team Iraklis Thessaloniki. If that happens the team would start competition in Thessaloniki's 1st Division.

In any case if there no investor putting money into the team, the team has no future.   

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pash    1,245

It doesn't sound like any of these will result in real success. I don't suppose one of the Iraklis clubs owns Kaftanzoglio (or is it government-owned)? Since we may have to start renting it out, it might end up being the only profitable part of that damn club.

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Blackhawk    798

Kaftanzoglio is owed by the government and Iraklis was renting it, although they have not been paying the rent most of the time. Part of the debt is rent owed for the use of the stadium.

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Yiankos    79

Ηρακλής such a sad story...

I remember when I was very young (I am still young, just then I was younger) in the late 90s and early 2000s I liked that team. Even though we used not to win them, I would be mad on them just for a week and blame my own team. Deeply inside I liked them and I liked the fact that they were in the A Ethniki and they would make some big wins against the Athenians. The last decade (almost) this Autonomi Gate 10 rise which I think is equivalent to Super 3 for the skoulikia. Their only concern is to fight PAOK, beat our fans after games, and screw up even more their own team. They are pathetic and miserable. That's why they are only 2,000 or so left. I like the memories of having Iraklis in the League, but I sure as hell think that they get what they deserve all those years. And the only thing that is left to them is that PAOK didn't succeed on winning them at their home since 1997.

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jvc    752
18 hours ago, Blackhawk said:

Iraklis is a very complicated situation that involves the original Iraklis, the fake Iraklis (AEP), and fans with major complex that dictate on how their team should be run, pretty much not allowing any investor into putting money into the team.

The fake Iraklis decided that they can't take part in Football league and basically are being dissolved by the crooked owner Spyros Papathanasakis. He could decide to play in 3rd division (amateur), but I doubt that he has any money to do that either. Now who will pay the 4 mil Euro debt he created is another question.

Then there is the amateur Iraklis (the real one) that could field a football team if they decide to do so, but they would have to start playing in Thessaloniki's 3rd division. Incidentally the amateur Iraklis has a debt of 499 milion Euro!!!

Another option is to create another fake Iraklis and there is already talk of absorbing the team Iraklis Ambelokipi and renaming that team Iraklis Thessaloniki. If that happens the team would start competition in Thessaloniki's 1st Division.

In any case if there no investor putting money into the team, the team has no future.   

499 million debt....is that sum accurate?

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jvc    752

Rent is a drop in the bucket.   A 499 million debt only means one thing....many pockets have been filled up.  Another example of a corrupt society.

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Blackhawk    798
4 hours ago, jvc said:

499 million debt....is that sum accurate?

That's what is being reported. It includes interest and heavy fines. It is also results for falsifying the accounting books for decades, which brought in even more fines.

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jvc    752
10 minutes ago, Blackhawk said:

That's what is being reported. It includes interest and heavy fines. It is also results for falsifying the accounting books for decades, which brought in even more fines.

Crazy place!  Lol

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Dutch Eagle    615
On 7-9-2017 at 3:47 PM, jvc said:

Rent is a drop in the bucket.   A 499 million debt only means one thing....many pockets have been filled up.  Another example of a corrupt society.

And EPO was doing what in the meantime? In the Netherlands we had a club, Wageningen, who were taken their license with a deficit of only 300K Dutch Florins (136K euro) what was absurd. But allowing a club to go this far without action?!?!

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pash    1,245

Unrelated - apparently Melissanidis punched Kougias today. Elladastan.

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Blackhawk    798
1 hour ago, Dutch Eagle said:

And EPO was doing what in the meantime? In the Netherlands we had a club, Wageningen, who were taken their license with a deficit of only 300K Dutch Florins (136K euro) what was absurd. But allowing a club to go this far without action?!?!

EPO has nothing to do with that. The debt is by the Iraklis Amateur club (Erasitexnis) that runs the various amateur sports. The Undersecretary of Sports has the responsibility to oversee those financial issues. Being a government agency tells you why nothing has been done. 

EPO has a say in the debt of PAE AEP Iraklis (the fake Iraklis). That debt is 4 mil Euro, and was created in the past 4 years. The EPO punishments all these years were limits on transfers.

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Blackhawk    798
57 minutes ago, pash said:

Unrelated - apparently Melissanidis punched Kougias today. Elladastan.

They should put that on Pay-per-View. I'd pay money to see that.

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