Panathinaikos close to sale

06 May, 2018

Thai entrepreneur Pairoj Piempongsant on Saturday took a step closer to acquiring a majority stake in financially-troubled Greek club Panathinaikos, Greek media reported. Piempongsant met current owner Yiannis Alafouzos in Athens and agreed that his firm Pan Asia Investments will provide 27 million euros ($32.3 million) in order to take control of the 20-time Greek champions, the reports said.

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