Panathinaikos ease relegation fears after paying installments
Panathinaikos fans received positive news on Tuesday, as the club eased the relegation fears by paying installments to Sebastian Leto, Michael Essien and Jose Toche.
On Monday, it was revealed that the Hellenic Football Federation (EPO) were preparing to impose a nine-point deduction on Panathinaikos for debts owed to three former players, a punishment which would result in the Greens being automatically relegated from the Super League. However, after the club promised to pay installments to the relevant parties, it was confirmed that Panathinaikos made the necessary payments required to avoid relegation.
Greek media outlets reported that the overall amount paid to Sebastian Leto, Michael Essien and Jose Toche was around 100,000 euros. Nevertheless, while Panathinaikos have now avoided the threat of a relegation penalty, there is still an issue surrounding Jens Wemmer.
The 32-year old German is owed about 530,000 euros from Panathinaikos, but the struggling Athenian giants only have a few days left to pay up, otherwise the imposed three-point deduction from the 2017/2018 Super League table will stay for good.