Theofanis Bakoulas has been announced as a new loan signing at Rio Ave from Olympiacos, with the arrangement set to last until next summer. The Portuguese club, which is part of Evangelos Marinakis' ownership group, has strategically enhanced its squad by acquiring several players from Olympiacos. Alongside Bakoulas, fellow Olympiacos loanees Angelo Sina and Kostas Kostoulas are also at Rio Ave until the upcoming summer transfer window. This move further solidifies the strong relationship between the two clubs, as Rio Ave aims to fortify its defensive lineup by incorporating players with experience from the Greek powerhouse.