Panathinaikos troubles remain as SuperLeague meeting is canceled

Panathinaikos troubles remain as SuperLeague meeting is canceled
 

The ongoing licensing fiasco is set to continue and possibly get worse for Panathinaikos as the Super League Board of Directors meeting was cancelled. The meeting was scheduled for Wednesday afternoon at 2pm but it did not take place and there is no guarantee it will actually take place.

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In this meeting, the Board of Directors were set to discuss possible changes to the licensing regulations to participate in next season’s Championship. The penalty for unlicensed teams as it stands is relegation, and that may have been replaced with an alternative measure but nothing has changed for now. This leaves the struggling Greens in a difficult predicament.

Clubs would have to agree on the changes in the licensing regulations, however, it appears Kerkyra would vote against any adjustments, as would PAOK, Asteras Tripolis, PAS Giannina and Platanias. It is unknown what Levadiakos, Panetolikos and Xanthi would do. 13 of the 16 members would need to vote in favour of the changes but AEK, Atromitos, Lamia, Apollon Smyrni, Levadiakos, Panionios and representatives of the EPO failed to attend.

This lack of progress has also halted any negotiations Panathinaikos had with television broadcasters as the club needs to secure a license before committing to a deal. In spite of this new development, club management has insisted the team will not be relegated, referring to a statement they issued on the 26th of March. However, they have not said anything in relation to the postponement of the meeting. If there are no changes, the club would have to come up with several millions of Euros within the coming days to stay in the top flight.

In more positive news, Vasilis Konstantinou revealed all players were paid 30% of their December installment. Luciano has also been paid but the amount is unclear. This comes a day after the Brazilian attacker claimed he had not received anything since September. Consequently, the playing group agreed to put an end to their training strike. The team has now returned to Koropi in preparation for the game against Atromitos.

Furthermore, the club has officially been docked 3 points for failing to settle the outstanding debts owed to German fullback, Jens Wemmer. The player, who failed to impress during his time in Greece, did not even want to speak with Panathinaikos about reaching an agreement. As per the Regulations, the Greens have 3 business days to pay Wemmer and the points will be returned.
 

 
by Nick Tsambouniaris
Image Source: sdna.gr
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