Clubs like Panathinaikos make A LOT of sense. Sure, they don't have the prestige of clubs that play in big leagues with a lot of big sized teams. But they have a lot of advantages.

They play in a league with virtually 1 other contenders in Olympiacos (ok, AEK, Aris, PAOK can contend, but they can't sustain it). They wouldn't have to justify spending so much money on players to win titles. They can buy up top players in the Greece, and then add by buying internationals offering them Champions League football. But these players wouldn't have to be spectacular or cost a lot of money, it could be done on a pretty decent budget and it should still be enough to take titles.

They have a direct route to Champions League football without having to fork out like teams in big leagues. They have a massive fanbase in one of Europe's largest cities.

If and when a European league comes to fruition, they would be primed as an established European club. I mean, they already a strong brand and club, but all big clubs in smaller countries/leagues should be looking to emulate Shakthar Donestk, who are slowly becoming established among elite clubs.

If any of this is true, it has a lot of logic behind it.

^You're absolutely right MA20.

The Saudi sultan is expected to arrive Athens the upcoming week, but I still think its to good to be true. But lets keep our fingers crossed.

The plan of Sultan al-Saud of the Votaniko

According to a sports newspaper, the Prince's main aim is to create stadium for Panathinaikos, while considering the purchase of land held by Mr. Vovos.

http://prasinanea.gr/incoming/article201.ece/ALTERNATES/w620/votanikos2.png

Addressing the issue of stadium appears to be a priority for the Sultan Al-Saud, according to a sports newspaper.

Specifically, the "Green" says that once finalized deal with the side of John Vardinoyiannis, Prince will examine what needs to be done to advance the case of the Votaniko. In fact, one distinct possibility considering the Sultan Al-Saud is the purchase of the land owned by the part of Mr Vovos.

The Prince, always according to the article, estimates that an amount of about 15 million will pave the way for...bulldozers! The fact that the case has progressed significantly over other solutions because there is even a building permit, made ​​the necessary studies, there are drawings and models, and moreover there is the possibility of increasing the stadium capacity by 50,000, leaves unmoved the Saudi.

What will happen eventually we will see if and when completed the deal between the side of Sultan Al-Saud and John Vardinoyiannis.

Clubs like Panathinaikos make A LOT of sense. Sure, they don't have the prestige of clubs that play in big leagues with a lot of big sized teams. But they have a lot of advantages.

They play in a league with virtually 1 other contenders in Olympiacos (ok, AEK, Aris, PAOK can contend, but they can't sustain it). They wouldn't have to justify spending so much money on players to win titles. They can buy up top players in the Greece, and then add by buying internationals offering them Champions League football. But these players wouldn't have to be spectacular or cost a lot of money, it could be done on a pretty decent budget and it should still be enough to take titles.

They have a direct route to Champions League football without having to fork out like teams in big leagues. They have a massive fanbase in one of Europe's largest cities.

If and when a European league comes to fruition, they would be primed as an established European club. I mean, they already a strong brand and club, but all big clubs in smaller countries/leagues should be looking to emulate Shakthar Donestk, who are slowly becoming established among elite clubs.

If any of this is true, it has a lot of logic behind it.


but ukraine is a big country, popilation is between 45-48 miliiom people. also ukrainian championship is largen than greek is.

but ukraine is a big country, popilation is between 45-48 miliiom people. also ukrainian championship is largen than greek is.

The Shakhtar example was just to illustrate how a club can slowly become established in Europe through a new stadium and investment. I wasn't comparing Ukraine to Greece. Although potentially, Shakhtar would not be much different from Pana in many ways.

Now even a third party is interested in Panathinaikos, namely the American-Israeli investment fund Axiom Capital. Representatives of the firm has already had a meetin with lawyers of Vardinogiannis in Athens.


The two wants of Axiom

In good spirit became the rendezvous. Stadium and economic control requirements is a recipe for Axiom Capital.

Within a very good atmosphere held the appointment of lawyers Vardinoyannis side with representatives of Axiom Capital and prospective investors.

As expected and we had announced, the two 'wants' of the company and the investor from Panathinaikos is economic and legal review, a basic condition to proceed with the deal, to ... do the same with the stadium in Votanikos asking the complete project. The Americans want guarantees from the state that the project can proceed immediately.


The task for the company is to build its own stadium, but to realize its plan already exists for the Botanical. The Americans obtain it and only if the court will proceed to a proposal by putting original 50 million, with the side Vardinoyannis request guarantees for that amount.

The two sides renewed their appointment for the next few days to meet the demands from both sides.


Open the door to the stadium of Panathinaikos

Executives in YPEKA clarify that all depends on the municipality of Athens and Panathinaikos to build the stadium at the Votanikos and indicate that the work can begin immediately.

http://prasinanea.gr/incoming/article27629.ece/ALTERNATES/w620/VOTANIKOS.jpg

All open is the way to build the stadium of Panathinaikos, in Athens for the next owner of the FC. As noted in www.prasinanea.gr officials of the Ministry of Environment, Energy and Climate Change, all necessary legal procedures for Double Regeneration completed and remaining procedural issues from the side of the Municipality of Athens for the start of the project.

"The YPEKA tabled in Parliament the necessary legislation for Double Regeneration and voted" stressed initially and adds: "The amendment was tabled in harmony with the decision of the Council of State and not open to appeal. Legally, the matter is final. The Stadium and Double Regeneration consistent with the law and nobody can challenge them. "

Then, they claimed that more work has gone into the hands of the City of Athens: "We did what we had and now goes to the municipality. They must undertake the necessary studies and to conclude new contracts with the FC and the amateur department." As for the time required for the procedure, said: "It is not time-consuming, works can begin even in January" ...

Essentially, what flows through the YPEKA is that the Municipality of Athens is obliged to proceed in preparing the Master Plan for Redevelopment to follow after the issuance of Presidential Decree. In parallel, it must revise its contracts with the FC and the amateur department, to adapt to the new situation created by the amendment which was tabled recently.

The City is 'running'

The City of Athens for his part, keeps silent about the whole issue. Clearly unwilling to pay the clause of 4 million euros to Panathinaikos (at first, because the clover will claim a higher compensation pay) and therefore it is necessary to prepare the Master Plan and enter into negotiations with FC and the Amateur Panathinaikos contracts.

It's up to the next owner of Panathinaikos, whether it be the Prince Sultan Al Saud, either israilinoamerikaniko fund, press statements and begin immediate works. Risk of interruption no longer exists and the only obligation of the new major shareholder is to present the plan flow. The building permit is valid until the end of 2013 and possible home of clover to get ... flesh and bones.

source: prasinanea.gr