What changed
2026-08-03 05:47 UTC → 2026-08-18 16:22 UTC ·
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After clinching a EuroLeague title and Following a domestic double in May 2026, successful 2026 season, Olympiacos entered a period of major restructuring. Coach Georgios Bartzokas secured a three‑year an extension to 2029 2029, and was later named Greek Basket League Coach of the Year. Captain captain Kostas Papadikolao Papanikolaou renewed his deal contract through summer 2028, while with the club announced plans for a roster overhaul, targeting new forwards and midfielders and anticipating departures such as Frank Nilikina, Monte Morris and Alec Peters (who later joined Armani Milano). The season’s success was celebrated by president Giannis Kalambokis and captain Kostas Papanakolaou, who described the squad describing him as “more than a “wolf pack” after winning the EuroLeague, captain”. Amid roster changes, the Greek Stoiximan GBL, and club focused on the Super Cup. A high‑profile transfer sale of Portuguese right‑back Konstantinos Kostinia to Brentford generated additional revenue. Amid this momentum, Olympiacos pursued 24‑year‑old 24-year-old Brazilian forward André Luis. After rejecting an initial €17.5 million bid from Sporting Kansas City on 24 in July 2026, Olympiacos engaged with interest from several clubs, including Wolverhampton Wanderers and various Portuguese sides. On 26 July 2026, the club finalized the move on 26 July 2026 to Sporting Kansas City for a reported US$ 22 million. A later report on 2 August 2026 confirmed The deal, which includes a five-year contract for Luis, is noted as the third-most expensive transfer in MLS history and one of the largest sales in Olympiacos' history. The total fee is reported at approximately €20 million fee, with million, consisting of a €16.4 million net payment to Olympiacos and plus €3.5 million in performance bonuses, plus bonuses and a future sell‑on clause. sell-on clause of up to 20%. The proceeds are earmarked intended to fund the planned further signings and sustain Olympiacos’s maintain the club's competitive edge in Europe and Greece. edge.