CONTRACT EXTENSION

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Fotis Ioannidis: Panathinaikos Contract Extension

Panathinaikos decided to buy the remaining 50% rights of Fotis Ioannidis from Levadiakos, paying several million euros. Exact amount unknown. A new contract with significantly higher salary is expected within the month.

There are ongoing negotiations for a new contract for Ioannidis.

Panathinaikos considers Fotis Ioannidis a fundamental player and is not willing to sell him. They are offering a contract extension with a higher salary to keep him at the club.

Panathinaikos is attempting to retain Fotis Ioannidis by offering a significant salary increase, proposing a new contract that would make him one of the highest-paid players at the club. The new contract would raise his salary to around €1.6 million per year, a substantial increase from his current €250,000 per year. However, Ioannidis is reportedly convinced by Sporting's project and may still prefer the move to Portugal.

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