The EEC gave approval last night for the transfer of Xanthi FC from Christos Panopoulos and Polychronis Siggelidis to Bill Papas, marking a historic day for the club.
Sydney Olympic FC Director Bill Papas reportedly submitted a bid in August to purchase the Greek Super League side, which is currently facing a league demotion.
The following is a document of the historic decision of the EEC, leading to the first change in ownership of the club after 29 years:
Former Perth Glory FC coach Tony Popovic and Western Sydney Wanderers Youth coach Arthur Diles were announced as part of the Xanthi FC coaching staff following the announcement of Bill Papas as the new President.
At the time when the announcement of Popovic’s move was made, Papas said he was excited by the future.
“This is a new beginning for the club. I cannot wait for the season to commence and to be with the fans in our stadium. As we navigate challenging times in the global sports industry due to COVID, football will play an even more critical role in society, and we hope to bring pride to our fans,” Papas said.
The link up between Popovic and Diles is set to be an interesting move, especially at a club that has struggled this season and is at risk of relegation. Sources have revealed that Popovic will be given a large reign at the Greek club, assisted by his coaching staff which will be made up of Greek and Australian professionals.
“The opportunity to work with an Australian owner, I think that weighed heavily in the decision,” said Glory chief executive Tony Pignata. “The most interesting aspect was the way he could go and set this club up and coach in Europe.”