Panathinaikos obtain Super League license, Panionios begin next season with -6

Panathinaikos obtain Super League license, Panionios begin next season with -6

Panathinaikos were given a license to compete in next year’s Super League while Panionios failed to obtain a license and will begin next season with six deducted points.

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After much hard work and an increase in financial health, Panathinaikos were awarded a license by the Hellenic Football Federation’s (EPO) Primary Licensing Body to compete in next year’s Super League. This mean that the Trifylli will not be deducted points at the start of next season and are able to sign whom they please this summer, without any transfer limitations.

Both Panathinaikos and Panetolikos, however, did not fulfill Article 52 of the Club Licensing Regulations, which pertains to “the lack of a guaranteed sustainability plan,” and as a result, both clubs were simply ordered to pay a fine of 20,000 euros.

Last summer, Panathinaikos’ financial status resulted in a failure to obtain a license to compete in the 2018/19 Super League and were forced to begin the campaign with a six-point deduction and heavy transfer limitations.

Panionios will be in a similar situation this season after they were denied a license to compete in next year’s championship. The Kyanerythri did not fulfill Articles 50, 50b, and 52 of the Club Licensing Regulations, which pertain to overdue debts and “the lack of a concrete plan for sustainability for the coming season.” The Smyrni club will begin next season with a six point deduction and multiple transfer limitations including (see below).

Panionios, Panathinaikos, and Panetolikos have three days to appear the decisions.

All other clubs in the league acquired a full license to compete in the 2019/20 Super League without any issues in their applications.

What transfer sanctions will come into play for Panionios

There are many sanctions which will kick in for the unlicensed Panionios 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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