Anonymous
Years ago
Greek Basketball Club for sale, Asking Price 1 Eu
This from Fox Sports
Top Euro club yours for one euro
From correspondents in Athens
August 29, 2006 THE owner of historic Greek basketball club AEK Athens, winner of the 1968 European Cup, has put the team on sale for one euro, the club announced this week.
"Those interested in taking over the club's shares for the price of one euro should contact (our) legal counsel," AEK said in a statement.
Club owner Yiannis Filippou, whose family operates one of Greece's largest dairy food companies, did not identify the reasons behind his walkout.
But with the eight-time Greek championship winners failing to win a title since 2002, AEK's management had come under heavy criticism from fans over its decision to sell key players over successive seasons.
According to Greek press reports, the club currently has debt amounting to $4 million.
http://www.foxsports.com.au/story/0,8659,20293194-23769,00.html
Any one got a cool 4-5 million and want to buy a quality team?