Vardinogiannis' hold of Panathinaikos disputed.
A. VgenopoulosA group of high-profile Panathinaikos fans and former athletes of the club issued a statement on Thursday calling for the football club’s ownership to accept the contribution of others, including them, in any means possible in the club’s share capital and operation.
Coordinated by Andreas Vgenopoulos, the chief executive of recently expanding Marfin Investment Group, the group names itself “Unifying Movement of Panathinaikos” (“Panathinaiki Enotiki Kinissi”) and calls on the football club’s owner, Giannis Vardinogiannis to make club shares available to others, too, while also using their support and knowhow in various domains, as the ownership deems fit.
The statement argues that Panathinaikos is entering its second century in an atmosphere of discord and devaluation (except for basketball and a few other sections) and stresses that although Panathinaikos owes a lot to the Vardinogiannis family, the latter do not own the idea of the club – that belongs to the fans and the athletes who have graced the Panathinaikos colours, it says.
“In the Panathinaikos we dream of, Giannis Vardinogiannis deserves and should have (if he wants it) an important role, but he cannot believe that Panathinaikos is his without any control, any disputing and the possibility of offering knowhow and money from us, the fans and former athletes of Panathinaikos,” the statement reads.
It also calls for the Giannakopoulos family, who own the basketball and the amateur sections of the club to cooperate with the Movement and with Vardinogiannis for the benefit of Panathinaikos.
Concluding, the statement suggests that next week the Movement will announce its plans and organization in detail at a press conference. It will later offer all Panathinaikos fans the chance to participate or support their effort “in a peaceful and noble way”.
The timing of the statement, less than a day after Panathinaikos got thrashed 4-0 in the cup by Olympiakos, raised many eyebrows within and outside Panathinaikos.
There has been no official response by the club yet.
Andreas Vgenopoulos had been rumoured last year to have expressed an interest in acquiring Panathinaikos shares, and even a majority stake if it became available. However in this month’s official Panathinaikos magazine, Vgenopoulos has given a rare interview stating he is not interested in buying out the club.