Alpha News

Panathinaikos BC Reacts with Legal Notices to €25 Million Funding for Peace and Friendship Stadium

Published February 16, 2026, 12:30

Panathinaikos BC is strongly reacting to the approval of €25 million in funding for the renovation of the Peace and Friendship Stadium, funding intended for Olympiacos BC. The 'green' KAE filed legal notices against all responsible parties, arguing that it is unfair and illegal to allocate public funds to a private company without providing similar funding for the renovation of its own stadium, the Telekom Center Athens. Panathinaikos BC questions the legality of the process and the transparency of the allocation of funds.