Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Fan collective can't stop Panathinaikos' spiral
Reuters, September 17th, 2012 1:20AM

MOST READ
TAGS:  greece

MOST COMMENTED

If fans hoped their beloved Panathinaikos would see better days when they took control of the famous Greek club, they were mistaken as a 1-0 loss at Panthrakikos left it with only two points in three games, seven behind behind archrival Olympiakos in first place.

"Through tears but also joy, we will continue to build a new team," Panathenaic Alliance said in a statement after the loss at Panthrakikos. "With patience and perseverance we will rebuild the great club that is Panathinaikos. We remain calm and committed to our plan, convinced that in the end we will come out winners."

Panathinaikos, is the first and only Greek club to play in the European Cup final, but it has struggled in recent years to keep up with Olympiakos. The Vardinogiannis finally transferred its majority interest in the club to the Panathenaic Alliance, which took operating control of the cash-strapped club with fans and even players buying up shares. A minimum donation of $25 was enough for anyone to acquire a voting share in the club.

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Pellegrini: David Silva Out Three-Four Weeks    
Manchester City coach Manuel Pellegrini on Thursday confirmed that playmaker David Silva will miss three-to-four weeks ...
Reus Distances Himself from Bayern Ahead of Der Klassiker    
Germany and Borussia Dortmund forward Marco Reus on Thursday issued a statement distancing himself from a ...
Neymar to Play in 2016 Olympics     
Neymar will be joining the Brazil squad for the 2016 Olympics in Rio de Janeiro, coach ...
Gerrard Hints at Possible Liverpool Exit     
It's almost unthinkable for Liverpool fans: Could Steven Gerrard really leave the only club he has ...
Report: FA Racking Up Social Media Fines    
Queens Park Rangers defender Rio Ferdinand on Wednesday became the latest Premier League player to be ...
Real's Navas Seeks Legal Action for Costa Rican Spying    
The Associated Press is reporting Thursday that Real Madrid goalkeeper Keylor Navas will take legal action ...
Mandzukic: Guardiola 'Didn't Treat Me with Respect'    
In an interview with Croatian newspaper Sportske Novosti, Mario Mandzukic says he is enjoying playing for ...
Roma's Destro to Consider Future     
Mattia Destro on Wednesday cast doubt around his future after scoring the opening goal in AS ...
Allegri: 'Lack of Maturity' Costs Juve     
Despite hitting the woodwork several times and having much the better play throughout, Juventus lost 1-0 ...
Report: Former President Hoeness Warns Bayern     
German daily Bild reports that former Bayern Munich President Uli Hoeness, who is currently in prison ...
>> Section 2 Around the Net Archives