Ziaka Posted April 21, 2005 Share Posted April 21, 2005 PAOK is facing financial problems these days. Everyone from Kafes, Vokolos, Koutsis, Fringer, Anatsasiadis, etc. are demanding back wages. The latest news is that the current players have not been payed in a long time. On top of that rumors of new prospective buyers surface every month or so. In the meantime the team has to start looking ahead to the next season. I think this will be a tough summer for our team. I won't be suprised if Goumenos sells some of our great assets, such as Salpiggidis and Udese. Link to comment Share on other sites More sharing options...
Ziaka Posted April 21, 2005 Author Share Posted April 21, 2005 And now there are more news that Goumenos is selling again: Link to comment Share on other sites More sharing options...
Ziaka Posted April 22, 2005 Author Share Posted April 22, 2005 And another article, this time from metrosport.gr: http://www.metrosport.gr/modules.php?name=FirstPageNews&func=viewcurrent&varid=30063'> Link to comment Share on other sites More sharing options...
Nikolaos Posted April 22, 2005 Share Posted April 22, 2005 Ziaka, can you give me a summary of the two articles in English? I tried reading it, but my greek reading isn't that great, especially the big words... Thanks, Niko Link to comment Share on other sites More sharing options...
Ziaka Posted April 22, 2005 Author Share Posted April 22, 2005 To summarize both articles, it says that PAOk is facing big financial problems. They owe something between 5 - 6 million Euro to past and current players, coaches, etc. It also says that Giannis Goumenos does not have the finances to straighten the situation out. He blames the fact that PAOK was elimintaed from CL and the fact that the PAOK fans are not supporting the team by attending games. The articles also claim that current players, whose paychecks were recently bounced by the banks have complained to their coach, but they will not currently go on strike. Also the articles say that for PAOK to come out of this hard financial situation, Goumenos has to sell his shares to somebody who can take the team to a higher level, and who can help them out financialy. the article also says that Goumenos got a 2 million loan from Mandaric of Portsmouth earlier in the year, but that was not enough. Link to comment Share on other sites More sharing options...
Nikolaos Posted April 22, 2005 Share Posted April 22, 2005 Thanks for the translation Ziaka. Damn, sounds like a huge mess. The team has had financial problems for the longest time now... Ziaka do you think now is the worst? Is PAOK in danger of going bankrupt and being relegated? There's always been rumors of someone purchasing the club for years now, but nothing ever happens. Link to comment Share on other sites More sharing options...
Ziaka Posted April 22, 2005 Author Share Posted April 22, 2005 I don't think it is as bad as it was couple years ago, when Batatoudis left. Once Goumenos got control of the team he tried to slowly get the team out of the financial hole. Unfortunately he can't do much more. He also made some serious mistakes along the way. There is just way too much debt to overcome for somebody who does not have the money to throw in. I don't think we will get relegated or go bankcrupt, but I see him selling all our good players to make ends meet. There is always a chance that someone with deep pockets will come along and rescue the team, but I don't see that happening. Link to comment Share on other sites More sharing options...
Batigol Posted April 23, 2005 Share Posted April 23, 2005 What can one do or say anymore at the mess that is PAOK. This is so frustrating--I can't understand how anyone, espcially a so-called businessman could run a business in the way that Goumenos has. Not just him however, a lot of this crap also stems from Batitoudis. If any of us were to run a business like this, we would have been fired by the shareholders a long time ago. Not getting paid...owing money...Where are we? In post-communist Russia? These sorts of situations only bring the team and the league into question. Ultimately, it hurts everyone's reputation. As it stands, it looks like a bleak future. Talk of players coming to PAOK, a new stadium, etc... it's all bullshit. As Ziaka mentioned, we can expect to see Salpiggidis and Udese gone. I wouldn't be at all surprised if Salpiggidis went to Portsmouth the way things are developing between Mandaric and Goumenos. (Strange scenario eh? It only just occured to me) In any event, I think it's high time EPAE took action. I know, I know...empty power, empty threats. But this crap has got to stop. What I suggest is that whenever there is to be a change in ownership...on any team in the A' Ethniki for example, then that new owner would have to pass some scrutiny by EPAE and maybe some independent accounting company. I would even suggest some foreign economist/accounting firm...so as to bring some hard validity to the situation. Something which would verify beyond any doubt that new owners ability to pay the bills, bring a solid economic plan to fund future projects, and show that they have a viable interest in improving the team on all accounts. If the new perspective owner didn't meet these requirements, then sorry, you don't get the team. All of this would in effect force the old owner to court someone who really would be good for the club. Instead of getting some clown who owns a few gyro stands in along Egnatia. The cycle would be broken and something anew could come along and change things over a few years. What do you guys think? Too good to be true? Whole lot of crap? Link to comment Share on other sites More sharing options...
Ziaka Posted May 18, 2005 Author Share Posted May 18, 2005 Ilias Atmatsidis is the latest ex-PAOK players taking PAE PAOK to court to get his back wages. He is demanding 172,000 Euro from the team. Link to comment Share on other sites More sharing options...
Batigol Posted May 18, 2005 Share Posted May 18, 2005 I wonder what the total outstanding debts to players are right now then? Kafes, Whorokkas, Anastasiadis, Atmatsidis.... It must be getting up there near the million to 2 million Euro mark isn't it? Link to comment Share on other sites More sharing options...
Panathinaikos_Trifilli Posted May 18, 2005 Share Posted May 18, 2005 Hey dont worry about it Ziaka, you tell PAOK to go in about 100 m debt, make up some stupid law, and get the government to clear your debts... its all good!!! :tup::tup::tup: cheap shot i apologise in advance Link to comment Share on other sites More sharing options...
Ziaka Posted May 31, 2005 Author Share Posted May 31, 2005 While Goumenos is signing players left and right, Armando Feutchine is ready to file a "prosfygi" asking for 300K Euro in back wages. Link to comment Share on other sites More sharing options...
Ziaka Posted June 3, 2005 Author Share Posted June 3, 2005 Feutchine today officially asked PAE PAOK for 200K, which they owe him in back wages. he is waiting to see what the response will be before he files a prosfygi with EPAE. Link to comment Share on other sites More sharing options...
Batigol Posted June 3, 2005 Share Posted June 3, 2005 Is it just me or is there no logic to this club anymore. How is this fool (Goumenos) able to justify any moves that he makes. He owes so much money to so many people and the list is growing everyday it seems. Add to that, he's signing players (Akiel) who are going to be making 2-300,000 Euro. Where is the sense in signing someone who you won't be able to pay later on...who will only bitch and moan about not being paid...who will probably be bitter and take out his frustrations on the pitch...and who will finally be released and take you to court to get his money back. This cycle is so stupid and frustrating. PAOK have lost too many good players to this rediculous and seemingly endless stupidity. It's very simple: When you have money. Buy a player. When you don't have money. You don't. When you owe money, you don't buy new until you pay off the old. Bring up players from the youth system or loaned out players. That's what you have those systems there for. That's why teams play money to develop players. This lack of common sense in the front office is exasperating!!! :xxx: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: Link to comment Share on other sites More sharing options...
james Posted June 5, 2005 Share Posted June 5, 2005 Is it just me or is there no logic to this club anymore. How is this fool (Goumenos) able to justify any moves that he makes. He owes so much money to so many people and the list is growing everyday it seems. Add to that, he's signing players (Akiel) who are going to be making 2-300,000 Euro. Where is the sense in signing someone who you won't be able to pay later on...who will only bitch and moan about not being paid...who will probably be bitter and take out his frustrations on the pitch...and who will finally be released and take you to court to get his money back. This cycle is so stupid and frustrating. PAOK have lost too many good players to this rediculous and seemingly endless stupidity. It's very simple: When you have money. Buy a player. When you don't have money. You don't. When you owe money, you don't buy new until you pay off the old. Bring up players from the youth system or loaned out players. That's what you have those systems there for. That's why teams play money to develop players. This lack of common sense in the front office is exasperating!!! :xxx: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: :*&%: In the real world that's how it all works! But in Greece! well jut take AEK as an example owed 130 million Euro and are buying players also!were logic ends greek football begins! Link to comment Share on other sites More sharing options...
Ziaka Posted June 7, 2005 Author Share Posted June 7, 2005 Feutchine filed a claim with EPAE to be declared as a free agent if he does not get 323,000 Euro from PAOK. Link to comment Share on other sites More sharing options...
Ziaka Posted June 21, 2005 Author Share Posted June 21, 2005 Link to comment Share on other sites More sharing options...
Ziaka Posted July 14, 2005 Author Share Posted July 14, 2005 Our third goalie Kostas Andriopoulos has filed a prosfygi agianst PAOK in order to become a free agent. He also demands 42,000 Euro in back wages. Link to comment Share on other sites More sharing options...
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