Print Print edition: 2018-05-06

Panathinaikos close to sale

Published May 6, 2018 Updated May 6, 2018 12:00am

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.