Petridis's Written Statement: “The Brazilian Proposal is the Only Viable Solution – Those Who Positioned Themselves Will Be Judged for Their Credibility”

Petros Petridis announced his resignation from the presidency of APOEL Football LTD. The decision is due to the proposal put before them by the 2nd group of Brazilian investors for a strategic investment, which he believes is the only realistic solution under current economic conditions. Petridis emphasizes that this proposal is the only viable solution for the company and expresses confidence that those who positioned themselves differently will be judged for their credibility. His statement was made with a sense of responsibility and full awareness of the criticality of the moment.