PAOK and Xanthi threatened with relegation from Super League for breaking ownership rules

·

The Committee of Professional Sport has recommended for both PAOK and Xanthi to be relegated from the Super League, with the two clubs having been found guilty of co-ownership.

PAOK owner Ivan Savvidis had been accused of also owning Xanthi, with the matter subsequently being assessed by the Committee of Professional Sport. Xanthi had also allegedly illegally transferred their shares in the spring of 2019.

On Monday evening, it was confirmed that a majority of 4-1 has found PAOK and Xanthi guilty of co-ownership.

A majority of 3-2 has also recommended that PAOK and Xanthi are relegated from the Super League.

Now, the issue will be handed over to the Disciplinary Sports Committee, who will then decide whether to approve the initial recommendation of relegation which has been made. It must also be taken into account that the two organisations can later submit an official appeal to the Court of Arbitration for Sport (CAS).

The ONE Channel, owned by Olympiacos supremo Evangelos Marinakis, had originally broadcasted findings which supposedly proved that Savvidis owns both PAOK and Xanthi. 

Further developments are expected in the coming days. 

At the moment, reigning Greek champions PAOK are in first place of the Super League after defeating Volos NFC earlier today while Xanthi occupy seventh position.

Sourced via Agona Sport.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Farmers block Greek border crossings over subsidy delays

Farmers in northern Greece blocked major border crossings, defying a government warning as protests escalated over delays in subsidy payments.

Cyprus Community of SA honours Thekla Petrou for 50 years of service

The Cyprus Community of SA has honoured founding Ladies Auxiliary president Thekla Petrou for 50 years of dedicated service.

Community rallies to stop Coburg development threatening Greek Orthodox church

Coburg’s community is rallying to protect its Orthodox Church, warning that the proposed high-rise development would undermine a vital hub.

How the historic inheritance law overhaul in Greece is set to benefit Greeks abroad

Greece is moving ahead with the largest overhaul of its inheritance framework since 1946, following the presentation of a new draft bill.

Australian Hellenic Medical Charity raises over $100,000 for Kalymnos Hospital

On the evening of November 28, the Australian Hellenic Medical Charity Incorporated (AHMCI) held its annual gala.

You May Also Like

Melbourne’s Cretan community marks 80 years since Battle of Crete with special events

Melbourne's local Greek and wider community gathered to commemorate the 80th anniversary of the Battle of Crete over the weekend.

Historic progression in Greece as patients now require prescription for antibiotics

Greece has joined Australia and a host of European countries by putting in place a law that requires Greeks to have a prescription before...

Greece no longer working with Hard Rock International for new Athens casino

Greece has put Mohegan Gaming & Entertainment into the next phase of a long-delayed tender process to build and operate a luxury casino resort...