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Good news and bad news for Olympiakos Volos
AFP, August 10th, 2011 4:02PM

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TAGS:  europa league, greece

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There was good news and bad news for Greek club Olympiakos Volos. It was allowed back in Greece's top-flight Super League but expelled from the Europa League (after winning two preliminary rounds) for its role in a match-fixing scandal.

Kavala was also allowed to stay up, as the Greek federation's appeals committee decided to punish the two clubs by deducting points before the start of the season. Olympiakos Volos will start the season at minus-10 points and Kavala with minus-8 points. Owners Achilleas Beos (Olympiakos Volos) and Makis Psomiadis (Kavala) have banned for life from any involvement in soccer.

Beos was arrested in June and accused of conspiring to fix matches so members of his ring could make money from betting on games.

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