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Ex-Iraklis boss agrees to pay share of debt

Former Iraklis owner Evangelos Mytilineos, a wealthy entrepreneur, has come to the rescue of the Thessaloniki soccer club by agreeing to cover a significant portion of its debt to the state. Mytilineos met yesterday with the club’s current president Antonis Remos, a top-selling singer here, and his deputy Haralambos Xanthopoulos and agreed to pay off debts estimated at 1.4 million euros that had accumulated while he was at the club’s helm. The debt will be paid in a lump sum, while details with the Finance Ministry still need to be agreed, the club announced. After a slow start to the season, Iraklis has won its last three games, in league and cup action.