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Football-legal
30
Jun
2020
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Aspa SOULOUKOU
Financial control
Cases
Greece
Football Legal # 13

Multiclub ownership in Greece - PAOK FC and Xanthi FC proven to be owned by the same person


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Committee on Professional Sports, 27 January 2020, no. YPPOA /GDYA/ DEAEA/ ΤSΟΕΚ/268616/19140/2703/86
Date of the decision: 2020-01-27
The Hellenic Football Federation (HFF), at the end of the 2018-2019 sporting season and after the acquisition by PAOK FC of the championship, removed from its statutes the ban of multi-ownership in Greek Football. Thus, the only remaining regulation forbidding and penalizing it with expulsion from the league rests with the National Sports Law at Article 69.

The Committee on Professional Sports (CPS), established in the context of the National Sports Law (the role of which is, amongst other things, to safeguard transparency, fair and sound competition and the credibility in the field of professional football and further, prevent any attempt of multi-ownership which obviously endangers them), after a claim lodged on 4 December 2019 by Olympiacos FC issued its binding and detailed  report (of around 70 pages) by virtue of...

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Topics
  • Financial control
Keywords
  • Hellenic Football Federation (HFF)
  • Multi-Club Ownership (MCO)
Authored by
Aspa SOULOUKOU
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