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Olympiacos continuing to executive excellent transfer business

Olympiacos continuing to executive excellent transfer business

In selling Dimitris Nikolaou for over three million euros, Olympiacos have maintained their excellent business record on the transfer market. AGONAsport investigates.

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Olympiacos can be pleased with raising a reported 3.5 million for Nikolaou. Having progressed through the ranks at Olympiacos, the centre-back was highly thought of in Piraeus and has captained the under 21 Greek national team, but he couldn’t win a place in the starting line-up of the senior team and was sent on loan to Empoli in January. Nikolaou only made four appearances in Serie A, but that was enough to convince Empoli to sign him on a permanent basis. Empoli finished in 18th position and suffered relegation to the second tier.

Nikolaou was sold for more money than Panathinaikos, for example, received for their leaders in the past. In 2017, Panathinaikos only received around 1.8 million for the prolific Marcus Berg when he moved to Al Ain (Hamburg owned a portion of his rights), and the Trifylli also raised a mere 2.5 million from Genk for Nikos Karelis after he had scored 20 goals across all competitions in the 2015/2016 season.

Olympiacos are continuing to bargain good deals on the transfer market. Panagiotis Retsos (22 million), Konstantinos Mitroglou (15 million), Luka Milivojevic (15 million), Kostas Manolas (13 million), Brown Ideye (12.5 million), Andreas Samaris (10 million), Kevin Mirallas (7.5 million) and Arthur Masuaku (7.1 million) have all been sold for large amounts of money, while fellow Greek clubs have struggled at times to push for big bucks for their key players. This winter, Aleksandar Prijovic joined Al Ittihad in Saudi Arabia for only 10 million (his release clause was activated), despite having netted 18 goals in the first half of the 2018/2019 season for PAOK.

The fact Olympiacos have been able to turn down an offer of 17 million for Kostas Fortounis from West Ham United speaks volumes about their way of doing business.

 

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