Panathinaikos and Panionios denied SuperLeague licences

Panathinaikos and Panionios denied SuperLeague licences
 

Panathinaikos will start the new season on -6 points after the Greens failed to obtain a license from the Hellenic Football Federation’s (EPO) licensing committee.

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EPO announced the official decision on Tuesday for breach of financial rules, which also included a similar decision for Panionios, although the Panthers were fined rather than having any point deducted.

The decision from EPO means that the Athens giants face an uphill struggle before a ball has even been kicked in the 2018/19 campaign, which promises to be another season of struggle for the beleaguered club.

As well as starting with -6 points, the Greens will have limitations on transfers, due to overdue debts to players, as well as “the lack of a concrete plan for sustainability for the coming season.”

For Panionios, things are not so bleak as they were punished with a fine of 20,000 euros, due to the fat that their application for a license was rejected only for “the lack of a guaranteed sustainability plan”.

Both clubs have three days to launch an appeal against the decision but it seems unlikely that the decision will change considering the problems both clubs are having off the pitch.

What transfer sanctions will come into play for both clubs

There are many sanctions which will kick in for unlicensed teams. Here is a look at them in detail:

a) Teams will be able to sign as many Greek footballers under 23 years of age as they like.

b) In the July-August transfer period, they will be able to acquire ONLY ONE player over 23 years of age, Greek or foreign.

c) In the January transfer period, they will only be able to sign ONE GREEK footballer over 23 years of age and no foreigners (of course, unlimited Greeks under 23).

d) They may only make two player contract renewals for players over 23 years of age, irrespective of their nationality. These updates can be made both in the summer or in January or one in the summer and one in January.

e) The two renewals of contracts to which they are entitled shall be prohibited from increasing the remuneration to such players.

f) In all new transfers, the contracts are forbidden to exceed 100,000 euros (each new player's earnings will have this amount as a maximum).

g) In any transfer or loan transaction, it will be forbidden to give money to a another club (for transfers for example - only free agents).
 

 
by Graham Wood
Image Source: sdna.gr
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