World Cup

World Cup news here!

 

Previous Page > Kozonis ever closer to buying AEK
- for more stories, see below


Saturday, December 12, 2009 : Accountants to check club finances

 Sources close to Greek-American construction magnate Bob Kozonis suggested on Saturday there is an understanding now between the Chicago-based entrepreneur and the major shareholder of AEK, Nikos Notias, with a deal closer than ever between the two sides.

 

The same sources suggested that accountants from Kozonis are about to start checking AEK’s finances as of Monday, which will be an illustration of a preliminary agreement between Notias and Kozonis for the sale of a majority stake to the latter.

 

Although AEK would not confirm the progress in negotiations that the Kozonis side claimed, the climate has changed in favour of a deal, which may well be signed at the start of next week in the US.

 

Yet the fact that the current shareholders issued a statement on Saturday asking fans to end their capture of the club headquarters in Athens for accountants to go in on Monday shows that there is hope for a deal.

 

Two dozens of hardcore AEK fans have in the last few days taken over the headquarters of the club in Athens, not allowing executives to come in and hanging a banner calling for freedom for AEK.

 

The fans have set up a coordinating committee that issued a statement of Saturday saying they refuse to leave unless a concrete move is taken to safeguard AEK’s future.

 

If the agreement is signed, Kozonis will have agreed to cover the increase of the club’s share capital to be completed in January, following approval by the AEK board meeting scheduled for December 30.


This article viewed 196 times.
Created on Saturday, December 12, 2009  14:13
Last updated on Saturday, December 12, 2009  14:13

Print Article     ::     
Chelsea put a block on Greek fans
Non-members barred from Olympiakos game
King of the Tip: round 23
SIG writers Barney Spender and Graham Wood look ahead to round 23 of the Super League
Greece squad 2009-10
Caps and stats for current Greece squad
Vardinoyiannis' hold of Panathinaikos disputed
High-profile fans, former players issue statement
Cisse signs four-year deal at PAO
Striker becomes Greece's most expensive player
Anorthosis 3 Panathinaikos 1
Greeks fall again to Cypriot curse
Cisse double sends PAO top
Greens join Olympiakos in first place
Ergotelis teen star off to Arsenal
Karelis to join Gunners on trial
Super League results
Results and scorers from the 2008-9 Super League
Super League results
Results and scorers of 2009-2010 season
Super League results 2007-8
Results summary 2007-8
Vardinoyiannis to sell big stake in PAO
Share capital increase to fetch 80 million euros
Panathinaikos 1 Rangers 1
Novo breaks Panathinaikos hearts
AEK's Pliatsikas heading for Schalke
Tasos Kyriakos goes to Cyprus
Greece 2 Spain 3
Greeks beaten as Zagorakis bows out
Levadiakos 2007-8
First team squad
Moras called up for Denmark friendly
Bologna defender named in squad by Otto Rehhagel
Tzorvas questioned about Olympiakos air gun
PAO goalkeeper called in by prosecutor
Greece to host Ukraine in Athens
Olympic Stadium the venue of play-off
PAO to face Anorthosis, Inter and Werder
Greens drawn agains conquerors of Olympiakos
Sport on TV
Friday, Saturday, Sunday and Monday December 7-10
Greece gets closer to Beijing
Athens to host Olympic qualification tournament
Sport on TV
Friday, Saturday and Sunday December 21-23
IOC to make 2016 shortlist in Athens
Seven host cities to be reduced to four or five
IOC names shortlist for 2016 Games
Prague, Doha and Baku fail to make cut
Redefining the Olympic dream
Nick Malkoutzis on how the Games can make a comeback
Change of lead at Aegean Rally
Sony-Chicago Guapa won stage 2
Sony-Chicago wins Aegean Rally
Race across the Aegean a huge success
Parthenis takes Diaspora tournament
4th Greeks Abroad competition attracts the Aussies
AEK to get new training complex
Plans for Spata site unveiled
Sport on TV
Wednesday, Thursday September 24-25
Sport on TV
Saturday, Sunday, Monday October 11-13
Sport on TV
Thursday, October 23
Sport on TV
Friday, Saturday, Sunday, Monday, October 31-November 3
Sport on TV
Wednesday, Thursday November 5-6
Giorgos Kintis is AEK's new president
Economist is former associate of Nikolaidis
AEK's shares are going on sale
Road is now open for Melissanidis
Double-headed eagle sees heads quit
AEK resort to more borrowing
Jannero Pargo joined Olympiakos
He will feature in Thursday's Euroleague clash
Thanopoulos is new AEK president
Shareholders to pay to cover deficit