Thursday Jul 24, 2014 Search
Weather | Athens
31o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Panathinaikos struggling to pay electricity bills

Panathinaikos, one of the oldest and most successful Greek soccer clubs, has fallen behind on payments for their electricity bills at the Olympic Stadium which the club rents from the state.

In an open letter to the Greek Super League, Hellenic Football Federation and television broadcaster Nova, the stadium's management team head Peter Galaktopoulos said the club had not met the minimum financial obligations.

Galaktopoulos suggested the club play during daylight hours so that it would not be charged the cost of electricity for

lighting.

However, the proposal is unlikely to be adopted as the majority of the club's home games are scheduled for prime television evening slots as part of an agreement with Nova.

"It is true that there are some outstanding amounts which need to be taken care of and we are in continued discussions with the Olympic stadium management about that and we expect it to be solved by the end of the year, a Panathinaikos spokesman said.

"The truth is that we have been involved in negotiating a new contract with the Olympic stadium for some time now and

these discussions are ongoing. It is also well known that we are investigating returning to our own (Apostolos Nikolaidis) stadium closer to the city center in the new year and this is also a topic which is still open."

Panathinaikos continues to struggle financially despite entering into a new era of fan ownership in the close season and the board has requested a capital injection of 15 million euros from shareholders and investors.

[Reuters]

ekathimerini.com , Thursday November 29, 2012 (01:01)  
Athens, the Marathon capital of the world for good
Pole vault record on same day as three doping cases
Standard Liege on Panathinaikoss way
Volleyball national team reaches Euro final
Policeman saves bather in western Greece
A policeman on Wednesday saved a 75-year-old bather who had become stranded some 300 meters out to sea in western Greece. Other bathers at the beach in Vonitsa called police when they spotte...
Govt leaders try to ease tensions over evaluation
Prime Minister Antonis Samaras and PASOK chief Evangelos Venizelos are on Thursday expected to discuss a rift that has appeared within the government over an evaluation scheme for civil serv...
Inside News
No property transactions for tax evaders
The Finance Ministry is blocking real estate transactions for owners who have not paid their property taxes in the last five years. Any transactions attempted without the ENFIA certificate, ...
IOBE warns crisis will return if reforms are not implemented
The Greek economy will expand by 0.7 percent this year but it risks slipping back into the mire of the recent crisis years unless the reforms are implemented, the Foundation for Economic and...
Inside Business
COMMENTARY
Front-line threats
Ongoing developments in the countrys broader neighborhood are creating new challenges as well as threats in terms of the countrys interests. While the Middle East is turning into a big bla...
EDITORIAL
Testing behavior
No country is capable of functioning properly without having an elementary evaluation system in place to assess its public sector employees. In Greece, a country where the lowest common deno...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. No property transactions for tax evaders
2. IOBE warns crisis will return if reforms are not implemented
3. Aegean has expressed an interest in Cyprus Airways
4. Stop tax dodging to lower taxes
5. Index up but some banks take a beating
6. Policeman saves bather in western Greece
more news
Today
This Week
1. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
2. Front-line threats
3. EU praises Greeces progress in departure from troika criticism
4. Testing behavior
5. Parts of Thessaloniki university campus sealed off as police investigate bomb threat
6. Police release new photos of fugitive Roupa
Today
This Week
1. The cost of excellence
2. Ex-Credit Suisse banker taps lesson for Greek rebound
3. Greece seen in third bailout as bonds not enough, economists say
4. Climber dies in Mount Olympus fall
5. Greek banks able to tap investors after stress tests, HFSF Says
6. Greek sovereign debt at 174.1 percent of GDP in first quarter
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.