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

Melbourne Food & Wine Festival serves Greek heritage at World’s Longest Lunch

The Melbourne Food & Wine Festival will run from 20 to 29 March, offering a 10-day program of 200 events.

AI artist Dimitrii becomes breakout star for rejected creator

A Melbourne creator who spent decades facing rejection in the entertainment industry has unexpectedly broken through thanks to AI persona.

Theo James draws on Greek family history to urge Korean support for refugees

For actor and UNHCR goodwill ambassador Theo James, the global refugee crisis is rooted in a personal story.

Alex Mangos brings mango season to Christmas in Oran Park

Alex Mangos has given his usual Christmas setup a tropical makeover this year, marking the arrival of mango season with a playful twist.

Greece draws wealth: Over 1,200 millionaires expected to relocate in 2025

Recent arrivals-from Novak Djokovic to investors like Richard Xiao and Tom Greenwood-reflect a broader pattern.

You May Also Like

Here are the candidates of Greek heritage running in the NSW Local Government elections

The Greek Herald has compiled this list of the candidates of Greek heritage who will be in the running in the NSW Local Government elections.

Top five facts about the Rio-Antirrio bridge in Greece

In 2004, the Rio-Antirrio bridge was opened to the public, linking Central Greece to the Peloponnese, shortening travel times.

Kon Karapanagiotidis named 2023 Melburnian of the Year

The founder and CEO of Asylum Seeker Resource Centre Kon Karapanagiotidis OAM has been named the 2023 Melburnian of the Year.