Cyprus Times

Why Marinakis Cancelled the Antino Deal

Published January 20, 2026, 19:13
Why Marinakis Cancelled the Antino Deal

Vangelis Marinakis cancelled the acquisition of Santino Antino from Godoy Cruz, not due to sporting reasons, but because of a subsequent demand from the president of the Argentinian team. The demand concerned the additional payment of export taxes amounting to 16% of the agreed amount. Marinakis, according to information, withdrew from the agreement due to this “negotiating blackmail”, in contrast to the tactic followed by the president of Panathinaikos in a similar case. The initial agreement provided for the acquisition of 75% of Antino for €5,500,000 plus €1,000,000 in bonuses and €500,000 commission to the player's agent.