Giannakopoulos sets up PAO Alive project



Panathinaikos BC supremo, Dimitris Giannakopoulos, recently presented the PAO Alive project which is designed at giving all departments of the club a financial boost.

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Giannakopoulos, 45, has already revealed that he will leave his post as the owner of Panathinaikos Basketball Club if his PAO Alive project does not work out. The plan is to allow the organisation to construct a new base at Votanikos.

The main aim of the project is to ensure a positive future for all Panathinaikos organisations, including the basketball, football and amateur departments. At his press-conference which was held in regards to the launch of PAO Alive, Giannakopoulos stated that at least 20 million euros are required, while also revealing that “the sky’s the limit” as to the amount of money which can be gathered.

A website, www.paoalive.gr, has been set up which allows anyone to contribute to the fund. Supporters can donate either on the website or via online banking (Eurobank, Alpha Bank, Piraeus Bank, National Bank of Greece), and people can submit money on multiple occasions. Giannakopoulos has regularly called on Panathinaikos fans to become more involved in the organisation by donating money, revealing that the football club will “not be able to survive beyond the next five years” if supporters don’t play a bigger role in the workings of the team.

Panagiotis Pelekoudas, who plays for Panathinaikos Volleyball Club, has said that he will donate 1/10 of his new contract with the club to PAO Alive. Reports in Greece have given information that the fund is receiving plenty of healthy cash injections on a regular basis.

The proposal of creating a new stadium for Panathinaikos FC at Votanikos, which will be a part of a large complex for all sporting departments of the club, is progressing with meetings taking place. Giannakopoulos has now set up a group of specialists (lawyers, architects, surveyors) for the Votanikos project as he tries to force it through.