Superleague 2
The EWG considered the transfer of Xanthi shares legal
The Professional Sports Committee ruled that the transfer of shares to Bill Pope was legal, so there is no impediment to the acritical PAE’s ownership status.
The Professional Sports Committee announced at its meeting today (February 11) that there had been no illegal transfer of shares in PAE Xanthi to expatriate businessman Bill Papas.
At the same time, in its communication, it states that the data submitted to the Commission do not reveal any illegal origin of the funds allocated to increase the share capital of the critical PAE. At the same time, it was announced that the hearing of Theodoros Drakopoulos in the KAE Iraklis case has been postponed.
The announcement of the GGA in detail: “1. Hearing of Theodoros Drakopoulos regarding ownership status and legal representation of KAE HERACLES 2017. (Under Conference)
POSTPONED TO 17-02-2022
2. Hearing of PAE AO BLOND pursuant to Article 77A Para.1 Ed.Ed. α΄και δ΄και παρ.9 ν.2725 / 1999, as in force, in relation to its current ownership status. (Under Conference).
a) There was no unlawful transfer of the shares of PAE XANTHI
b) The data so far does not show the illegal origin of the money used to increase the share capital of PAE XANTHI“.
Jessica Martinez is an author at Sportish, a publication dedicated to sports news and analysis. She covers various topics related to sports and provides insightful commentary on the latest developments in the world of sports.