Vasilis Zagharitis courted by German clubs Augsburg and Cologne as Panathinaikos watches

Greek left‑back Vasilis Zagharitis, 25, is attracting interest from German clubs FC Augsburg and 1. FC Köln. The player, who spent last season with Dutch side Heracles Almelo, is under contract until the summer of 2028 after moving from Panathinaikos for a modest fee.

Reports indicate Augsburg has opened formal talks, proposing a €3 million transfer plus a 15 % resale clause, while Cologne’s bid is estimated at at least €5 million. Both clubs have presented Zagharitis with a tactical role and future plans.

Panathinaikos, the Greek club where Zagharitis began his career, remains interested in a possible return, weighing the offer against his development and the team’s needs. The situation highlights the player’s rising market value after a season with two goals and four assists in 38 appearances.