# Panathinaikos completes record transfer of Azzedine Ounahi > Live situation record from CLSTR: https://clstr.news/situations/azzedine-ounahi-transfer-speculation > Updated: 2026-09-03T03:51:12.000Z. Sources: 35. Developments: 6. Panathinaikos has officially completed the signing of Moroccan midfielder Azzedine Ounahi from Girona FC, finalizing what is the most expensive transfer in the club’s history. The deal consists of a €14 million guaranteed payment with an additional €2 million in performance-based bonuses, totaling a potential €16 million. Ounahi has signed a four-year contract until 2030 and is set to become the highest-paid player in the club’s history with estimated annual wages of €3 million. Following his medical examinations, which showed he is in “excellent physical condition,” Ounahi has undergone immediate reintegration into the squad. During his presentation, he revealed that his choice of the jersey number 21 is symbolic, stating, “I chose it for the 21st championship that I hope we will win.” As of September 4, Ounahi has begun training under coach Jakob Nielsen. His return has coincided with preparations for a high-stakes Super League derby against PAOK at the OAKA stadium. While it remains uncertain if Ounahi will receive immediate playing time, his presence has generated significant excitement among fans, with ticket sales suggesting a crowd of up to 40,000 spectators. The team aims to build on recent momentum from a Greek Cup victory to secure a strong start in the league. ## Claims - Panathinaikos FC has officially acquired Moroccan midfielder Azzedine Ounahi. (corroborated by 3 sources) - The player is 26 years old. (corroborated by 3 sources) - Girona FC has not reached an agreement with any club regarding the transfer of Azz Ounahi. (corroborated by 2 sources) - Panathinaikos intends to offer Azz Ounahi a contract that would make him the highest-paid player in Greece. (corroborated by 2 sources) - Ajax has withdrawn from the pursuit of Azz Ounahi despite previously reaching an agreement on personal terms. (corroborated by 2 sources) - PSV Eindhoven is interested in signing Azz Ounahi. (corroborated by 2 sources) - Ounahi signed a contract lasting until 2030. (corroborated by 2 sources) - Panathinaikos has submitted an official proposal and is awaiting a decision from Azz Ounahi. (single source) - Azz Ounahi is a high priority for Panathinaikos to strengthen their midfield. (single source) - Panathinaikos FC has officially acquired Moroccan midfielder Azzedine Ounahi from Girona. (single source) - Ounahi signed a four-year contract with Panathinaikos. (single source) - The transfer fee for Ounahi consisted of 11 million euros plus 3 million euros in installments. (single source) ## Timeline ### 2026-09-03: Panathinaikos reports basketball injury and football transfer update Panathinaikos faces basketball injury setbacks with Nikos Rogkapoulos suffering a hamstring strain, while its football club successfully registered Azzedine Ounahi for the Conference League. 2 sources. https://clstr.news/cluster/panathinaikos-reports-basketball-injury-and-football-transfer-update ### 2026-09-02: Panathinaikos signs Azzedine Ounahi in record transfer Panathinaikos has completed the record transfer of Moroccan midfielder Azzedine Ounahi from Girona, signing him to a contract lasting until 2030. 26 sources. https://clstr.news/cluster/azzedine-ounahi-joins-panathinaikos-from-girona ### 2026-08-31: Panathinaikos reaches agreement to sign Azzedine Ounahi from Girona Panathinaikos has reached a verbal agreement to sign Moroccan midfielder Azzedine Ounahi from Girona FC in a record-breaking deal for the Greek club. 16 sources. https://clstr.news/cluster/panathinaikos-pursues-azz-ounahi-with-record-breaking-salary-offer ### 2026-08-25: PSV Eindhoven linked to Azzedine Ounahi transfer amid conflicting reports Conflicting reports surround Azzedine Ounahi's future, with PSV Eindhoven either making a formal bid to Girona FC or withdrawing interest following recent midfield signings. 2 sources. https://clstr.news/cluster/psv-eindhoven-linked-to-azzedine-ounahi-transfer-amid-conflicting-reports ### 2026-08-25: Azzedine Ounahi attracts interest from Real Betis and Panathinaikos Moroccan midfielder Azzedine Ounahi is attracting interest from Real Betis and Panathinaikos as he seeks a move from Girona FC, with transfer valuations reaching €15 million. 2 sources. https://clstr.news/cluster/azzedine-ounahi-attracts-interest-from-real-betis-and-panathinaikos ### 2026-08-05: Azzedine Ounahi Linked to Barcelona After De Jong Injury Barcelona have put Moroccan midfielder Azzedine Ounahi on their transfer list after Frenkie de Jong’s injury, with a €25 million release clause, as the 26‑year‑old seeks a new club following Girona’s relegation 2 sources. https://clstr.news/cluster/azzedine-ounahi-linked-to-barcelona-after-de-jong-injury --- Cite as: Panathinaikos completes record transfer of Azzedine Ounahi. CLSTR, https://clstr.news/situations/azzedine-ounahi-transfer-speculation