Alpha News

APOEL Announcement: Agreement with Brazilians, €3.3 Million and the Association's Reservations

Published February 13, 2026, 14:30

The APOEL administration issued a statement regarding the financial developments and the agreement with the investment group from Brazil. The agreement is divided into phases, with the first providing immediate liquidity of €3,300,000, without requiring a General Assembly. The next phase concerns an increase in share capital, which will be submitted for approval to a General Assembly and the Association. Despite the initial reservations of the Association, a new proposal (LOI) has been submitted and a response is expected. The administration emphasizes its desire to inform the public about the real situation and to find a comprehensive solution to the team's financial problems.