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[SPORTS] · Greece · 11 sources

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Olympiacos opposes Alafouzos's television rights redistribution plan

Giannis Alafouzos, President of the Super League Greece, has proposed a new financial model to redistribute television rights revenue to increase competition within the league. The plan involves creating a common fund, potentially fueled by an additional 5% to 10% of television revenues, to provide greater financial support to smaller and mid-sized clubs. Under this proposal, larger clubs would see a reduction in their direct earnings to bolster the rest of the league. Panathinaikos has reportedly expressed willingness to accept a loss of 4 to 5 million euros to support this initiative, and PAOK has allegedly agreed with the logic.

The proposal has met fierce opposition from Olympiacos. Club representatives criticized the plan during a Super League teleconference, labeling the creation of parallel funding mechanisms as a potential source of unfair competition and legal issues. Olympiacos argued that any redistribution of wealth should be managed formally through the Super League itself, backed by professional studies and technical expertise, rather than through unofficial funds or bodies. They expressed concern that such a mechanism could lead to irregular practices and requested that any central management be structured and data-driven.

Entities

AEK Athens · Giannis Alafouzos · Olympiacos · Olympiacos FC · Panathinaikos · Panathinaikos FC · Super League · Super League Greece

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