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Posted

would somebody in the know tell me a bit about the ownership team at Iraklis and what role George Spanoudakis now has?

  • 3 weeks later...
  • 8 years later...
Posted

No the story is not exaggerated. AE Pontion Iraklis has deep financial problems. Not only paying their bills, but also paying its players. Some players are already taking the legal options to get their wages after the club failed to get a Superleague license.

 

The thing is that the presumed owner Spyros Papathanasakis either ran out of money, or the source where he was getting income has been cut off. I was always skeptical about a guy from Toronto that no one has ever heard about before he was placed as the AEP Iraklis owner. How did a person who owns a pub, is the director of non-profit youth center, and ran as a school board trustee all of a sudden took over a professional team in Thessaloniki?

 

On top of that the Autonomous Thyra 10, the fan club has a lot of power influencing decisions made at the club. And from what it appears they have now turned against Papathanasakis.

Posted

And to think these guys came back in style and had seemed to be running pretty well as a club. I also heard Bulut got released from there? Any truth to it? Don't know why they signed him for 3 years the guy was never going to make it to 2 years lol

  • 4 weeks later...
Posted (edited)

I wouldn't be too worried... Their selling Vellios for ?1,000,000 to Nottingham Forest and Marinkais just bought a large sharehold of the club

Edited by Ethnikos
  • 1 month later...
Posted

No one wants to buy iraklis thats the real problem. I wish epo found overseas billionairs for greek clubs when needee like they do in australia.

Seriously someone put iraklis on some exclusive forum for sale aome russian, arab, azebajianni, chinesse guy vould walk in a get a bargain and in turn spend his summer son chlakidiki

Posted

Most likely scenario is that AE Pontion will start the Superleague, but it will not finish it.

 

First of all they are the only team that did not receive a license, which means that can only make limited transfers. The team owes something like 900K to taxing authorities, and any transfers they make will not be approved if they don't take care of this debt. They also owe back wages to most players from last season.

 

As part of the "non-license" they will be evaluated on quarterly basis to make sure they took care of those debts. If they don't take care of this each evaluation will bring with it punishments, such as monetary fines, point deductions, and eventually expulsion from Superleague.

 

In the meantime, Papathanasakis has moved from Thessaloniki to a hotel in Athens, and with the help of Marinakis managed to sell Vellios to Nottingham. So far none of the 1.2 mil from that sale have gone to the team in order to take care some of the outstanding issues.

Posted

In the meantime, Papathanasakis has moved from Thessaloniki to a hotel in Athens, and with the help of Marinakis managed to sell Vellios to Nottingham. So far none of the 1.2 mil from that sale have gone to the team in order to take care some of the outstanding issues.

 

Does the money from the transfer belong to Papathanasakis or the club ?  If it belongs to the club, and it can't be accounted for, then it's missing or stolen.  I don't understand why this is so difficult.

  • Like it 1
Posted

No one wants to buy iraklis thats the real problem. I wish epo found overseas billionairs for greek clubs when needee like they do in australia.

Seriously someone put iraklis on some exclusive forum for sale aome russian, arab, azebajianni, chinesse guy vould walk in a get a bargain and in turn spend his summer son chlakidiki

 

 

The clubs are independent...EPO has no say in who invests in clubs ,,,,In australia the clubs are franchises....

and most of the FFA sanctioned buy outs have been disastrous...

Also there are only 9 franchises for a 'closed ' league..with very small in relative terms budgets..

Posted

Yes i wasnt asking for epo to sell the clubs just saying as epo is the head the giverning body if it knew of political players wanting to make progress in greek business and life they could recomend teams for them to buy.

Instead of having the likely scenario of iraklis not finishing the season due to this fraud papathanasakis who only his mum knew him before iraklis

Posted

EPO and EEA (Epitropi Epaggelmatikou Athlitismou) has a say on who can be a president and majority share holder of a professional team in Greece. They both gave the blessing to Papathanasakis to own the team.

 

However don't forget that this is Greece, where everything is corrupt, so it's not surprising for crooks to be able to own sports teams.

Posted

There are so many rich greeks in the diaspora surely someone could convince some or their sone to take over iraklis and become famous.

John catsimidis has a big ego.

The greek kid who bought playboy mansion.

Surely someone in greece could work on comission and make it happen.

Epo needs to head hunt a couple of sale agents for this stuff.

Soudns crazy but happens in business why not in greek football to outside the box for them.....

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