Jump to content
Phantis Forums
athinaios

Daily Team News [ 2017 ]

Lazarus

Recent years: 2016 | 2015

Message added by Lazarus

Recommended Posts

Never underestimate the stupidity of people....   It'd only take 1 disgruntled person owed money by PAO to send the club down to 3rd div. if they're not willing to settle. Likewise if a player with a long(er) contract doesn't like the payment situation and has found a team offering him a good contract, what do you think he'd do? Players who aren't paid according to their contract, can demand 100% payment, and if the club doensn't pay on time, they can be free to go to another team.

Share this post


Link to post
Share on other sites

 UEFA seems to be content with PAO's arrangements so far with its creditors and others who are owed money.  But this is not  so great if you think there's no income for a while, until they sell some players in January. This is the best team and it's only 4 points clear of relegation. Things won't get easier in the second half of the season. The last effort by someone to  come up with a financial plan ended in immediate failure.

I don't see how the fans can come up with money (even if it's 50e a person) in such difficult times. The  rich owners who made the horrible decisions and mismanaged players and money should be paying. But, unfortunately this isn't happening. 

I'm afraid a historic team may soon go under....  I don't see any solution  now. If there was someone interested with enough $ $$ to really save the club, they would have appeared by now, don't you think?

 

As for the article above, why haven't they applied for such extensions with the bank? DOn't they know about it?  The longer the Nova money goes to the bank (all of it) this season, the less ability the club has to pay its expenses. The bank should be aware that if PAO goes to 2nd div, no tv contract; also the league will lose.

Share this post


Link to post
Share on other sites

Sounds like UEFA is giving PAO the chance to sell some players in the coming transfer window and then revisit the issue after that.

As for the idea of asking the fans to donate, it's great ... in theory.  But given the current situation why should the fans donate.  There is still no transparency on what the exact financial situation at the club is.  At the very least a sincere administration would offers shares to the fans.  But apparently that is the bastion of rich owners only.  Fans should just donate and not ask questions apparently.  I'm not even a PAO fan and this situation is frustrating.

As an aside, if the fans actually could get organised and get 300,000 people to donate 50 euros each, you don't even need a "rich" president at that point.  You have the ability to run it for yourselves.  A true fan club.

Share this post


Link to post
Share on other sites

^^The issue is Alafouzos.  That's why all attempts for salvation are turned away by his cronie puppets running the club.  It's very simple....the moment money is gathered by donating,  Alafouzos must open the books,  and we'll find out he has over 20 million in debts personally on PAO.  He has 2 plans,  first plan....find a dummy investor to take over the club with its debts.   Second plan and most likely to happen....take PAO to the amateurs.   That's the reason there's no transparency between the current administration and the fans.....all a Alafouzos front.

Edited by jvc

Share this post


Link to post
Share on other sites

Don't expect 300,000 fans to come up with $50 each!

This is a joke!

No Greek citizen even if they are fanatics, will come up with that!

The Greek financial crisis has left them  ΤΑΠΗ ΚΑΙ ΨΗΧΡΑΙΜΟΙ!

I have experienced it first hand in my last 5 visits to the home land!

There is misery all over,and the people will try to put food on their table before they think about saving Panathinaikos!

Panathinaikos traditionally was managed by wealthy families.

Every attempt by Συμαχειες and the rest will fail miserably!

There are only two families that could raise that cross and carry it!

Their names are Vardinogiannis and Giannakopoulos!

The first has bailed out due to the known reasons!

The second needs a push to take over!

The focus should be on the Giannakopoulos family and nobody else!

Share this post


Link to post
Share on other sites
13 hours ago, Lamiara ole said:

The Greek financial crisis has left them  ΤΑΠΗ ΚΑΙ ΨΗΧΡΑΙΜΟΙ!

I have experienced it first hand in my last 5 visits to the home land!

There is misery all over,and the people will try to put food on their table before they think about saving Panathinaikos!

Wrong!  Every one I talk to that travels from Australia to Greece and returns says the same thing ... "Crisis ?  What crisis ?  The bouzoukia are full my friend!".  The sad thing is they are not joking.

Share this post


Link to post
Share on other sites
5 hours ago, Bananas said:

Wrong!  Every one I talk to that travels from Australia to Greece and returns says the same thing ... "Crisis ?  What crisis ?  The bouzoukia are full my friend!".  The sad thing is they are not joking.

The 50 dollars is just a number.   Why can't be 20?   20 × 300000 is 6 million....6 million will help a bankrupt team stay alive.  I don't buy this crap at all.   The bottom line is,  Alafouzos doesn't want to open the books.  To prove my point,  the current administration has done nothing.  They have only 2 plans....find a dummy to take over the debts they created,  Alafouzos and his cronies.  The other plan....division 3,  that's the most likely.  Alafouzos will not cover his obligations at 20 million.  The Greek media is paid to keep this hidden.  It's so obvious.  OPEN THE BOOKS PUBLIC!  Why hasn't happen?

Edited by jvc

Share this post


Link to post
Share on other sites
8 hours ago, Bananas said:

Wrong!  Every one I talk to that travels from Australia to Greece and returns says the same thing ... "Crisis ?  What crisis ?  The bouzoukia are full my friend!".  The sad thing is they are not joking.

Those are the ones who try to show off! I call them ΤΖΑΠΑ ΜΑΓΓΕΣ! After all that is our national sport!

The sad truth is ,I experienced it first hand and could not believe it, there are people who search in trash cans to find food!

People are leaving Greece on a daily basis looking for a better life and opportunity!

If by any remote chance they made a collection for Panathinaikos ,I strongly doubt that they will find 5,000(and that is very generous) people to contribute!

The days of the strong commitment toward a team are far gone!

You will not convince anyone ,never mind 300,000, to contribute anything towards a bottomless pit!

This is why I insist on the notion, that someone with deep pockets has to come up front and centre!

And that is the Giannakopoulos family!

 

 

 

Share this post


Link to post
Share on other sites

Crisis or not, I do not believe there will be more than a few thousand of PAO fans that would contribute any significant amount.  Such efforts are bound to fail.

Why contribute when you're not sure how this money will be spent? Or, to be used to pay the bad decisions by wealthy owners. Or, that the fans would have no control over how their money will be spent, or the direction of the club, etc. Or, that it may be throwing good money after bad when it's not certain that this effort won't prevent the team from going bankrupt and to 3rd div....

There has to be a crazy wealthy man who loves PAO. He won't make money with a Greek football club, but there are some very rich people out there who can play big shot. But he has to be serious and hire the appropriate people. Alafouzos proved to be such an incompetent owner the likes of none we've had in our club before.

Share this post


Link to post
Share on other sites
15 hours ago, jvc said:

http://www.sdna.gr/podosfairo/superleague/article/421809/pateras-noiazomai-gia-ton-panathinaiko-alla-proexei-i-ygeia

The ass who helped destroy PAO can't get involved because of health reasons.

My thoughts too.

Not many people know this,  but the club still has financial obligations since those days. Maybe this is where Alafouzos got the idea.... buy players, spend stupidly and without a long term plan and then pull out.

Share this post


Link to post
Share on other sites
3 hours ago, Lamiara ole said:

Κενταει η ομάδα σήμερα με όλους τους πιτσιρικάδες. 3-0 με Κέρκυρα 

Yes.  We need to build from the bottom up.  If they stay committed on the youth development,  PAO will be back on top in 3 years.

Share this post


Link to post
Share on other sites

Xatziovanni finally put in a quality perfomance....hopefully he keeps it up and rewards Ouzounides faith in him. Villafanez has been one of the few bight spots this year with some very gutsy, consistent performances...it would be good for the team if they can figure out a way to keep him on as the kids will be looking for a leader and he seems to have stepped up in that role.

Share this post


Link to post
Share on other sites

The PAO youth squad if very good, undefeated this year. It's very valuable to keep the academy going, but with no money to pay workers, trainers, etc, and with bad morale, things can go downhill easily.

This is going to be another difficult week for the club. I think the key is not to have points taken away because everything  hangs by a thread that can easily break...  The financial situation is the sword of Damocles. If it doesn't fall, the club will finish the season at mid-table.

Share this post


Link to post
Share on other sites

A conspiracy theorist would postulate that if points get deducted from the club which lead to demotion, there are forces at work trying to force Alafouzos to sell at a cheap price. :wink:

Share this post


Link to post
Share on other sites
6 hours ago, Bananas said:

A conspiracy theorist would postulate that if points get deducted from the club which lead to demotion, there are forces at work trying to force Alafouzos to sell at a cheap price. :wink:

What's happening is....Alafouzos is demonstrating that he's serious on allowing PAO to get demoted.  Thus making it even more impossible for the creditors to collect 100 percent of money owned. The players need to realize this is business....we all would do the same.  Settle for 50 percent,  or you lose everything.  The creditors will settle.

Share this post


Link to post
Share on other sites
4 hours ago, jvc said:

What's happening is....Alafouzos is demonstrating that he's serious on allowing PAO to get demoted.  Thus making it even more impossible for the creditors to collect 100 percent of money owned. The players need to realize this is business....we all would do the same.  Settle for 50 percent,  or you lose everything.  The creditors will settle.

I used to think that as well but what if this bluff falls through....the debt remians and the club ceases to exist. Whatever history and brand power the team has is also erased. The thing is that from what I can gather the team doesn't have the ability to pay even a fraction of the debt....I read somewhere that they are being evicted from their offices by the end of the month. The raising of funds through player sales has so far been a disaster and 5 court appeals by players are going ahead this week. There's a little over a week left in the transfer window and it seems that whatever plan Alafouzo/Konstantinou had in mind is not really working out....if they had any to begin with, other than destroying the club completely.
All this being said, the team still has the roster to be able to finish mid table (assuming they can hang on to a few important players) but if there are points deducted, PAO is sure to be demoted and then whatever income the team has had (more than 100 mil from 2012-2017) will disappear but the debt will continue to grow and no one will take over that amount of debt for a 2nd or 3rd tier club.

Edited by AchillesHeel

Share this post


Link to post
Share on other sites

Yes.  But the creditors will lose their money.  It's not a bluff.  They settle or lose everything.  We all know that they will bend the rules for PAO....the league can't afford it.  I'm hearing,  PAO can file for protection even if they get demoted....the creditors will be forced to settle.  They don't need to change their name.  I'm hearing 50 percent will be reduced....the players have no choice but to settle.  

Edited by jvc

Share this post


Link to post
Share on other sites

The bank set up by the government.  They have offered 15 million in players debts,  to be paid over 10 years of instalments.  The deal is on the table,  so my guess is....Alafouzos is looking for the creditors to take a cut.  That being said,  the 15 million will need to be reduced to about 8,  before anyone from PAO will agree.  This is good business,  something that every company going through this situation would do.  

Edited by jvc

Share this post


Link to post
Share on other sites

I'm not sure what is going on @jvc and I'm not familiar enough with the history of PAO to get a good grasp on it.  Either way, the idea of relegation has a certain bad smell about it.  The only way PAO is getting relegated is via points deductions.  And the only way that is happening is if some former players are not payed.  Now, I know Alafouzos said he doesn't want to invest any more in the team, but he could, if he wanted to, pay these players to avoid relegation.  What I'm saying is, if this does occur, it's specifically because Alafouzos wants relegation.  We'll know soon enough.

As for Alafouzos, the fans are already baying for him outside his house.  Relegate PAO and he won't be able to show his face in public for a long time.  I assume Alafouzos would sell to someone , if an offer he considered acceptable was put forward.  But when the team is relegated you've lost a lot of your bargaining power.  Or maybe not.  Maybe there is a master plan in play ?! :confused:

Share this post


Link to post
Share on other sites

Nobody is buying PAO Bananas....simply because they will be buying a 40 million dollars debt.  Alafouzos has parked his shares awhile back, in a bank....you can go a pick them up for free,  the catch is, you just bought yourself a 40 million dollars debt.  Alafouzos is personally responsible for at least 20 of that....but if the team goes bankrupt,  he will be held to 40 percent of that.  There's no master plan here....you settle or lose your money for good,  because we all know that Alafouzos will drag out the 40 percent for another decade.  If we go back,  Alafouzos has already stated he's putting in 10 million,  not 25 as the basketball tycoon hoped for.  He will only drop the 10,  after everyone has signed and his name is clear of the books.  Think about it....he holds the keys.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


  • Recently Browsing   0 members

    No registered users viewing this page.



×