Panathinaikos Gains Millions from Player Transfers
Translated from Greek, summarized and contextualized by DistantNews.
At a glance
- Panathinaikos secured a significant financial gain from the transfers of players Vasilis Toliopoulos and Cedi Osman.
- The club will receive a 1 million euro buyout for Toliopoulos, who was acquired in 2025 for 30,000 euros.
- Osman's transfer to PAOK for 2 million euros, combined with savings on his salary, results in a total financial benefit of 5.3 million euros for Panathinaikos from both deals.
Panathinaikos has reaped substantial financial rewards from the recent transfers of Vasilis Toliopoulos and Cedi Osman. The basketball club stands to gain significantly from these player movements, bolstering its financial standing.
For Toliopoulos, whom Panathinaikos acquired in 2025 for a mere 30,000 euros, the club will receive a buyout fee of 1 million euros. Furthermore, the team will save 500,000 euros allocated for his contract for the upcoming season, adding to the overall financial benefit.
Similarly, PAOK paid 2 million euros to acquire Osman. Panathinaikos will also save an additional 1.8 million euros from the Turkish forward's salary. Having acquired Osman as a free agent in the summer of 2024 without a buyout fee, the club's total financial gain from these two transactions amounts to an impressive 5.3 million euros.
Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.