Cyprus Times

APOEL Faces Financial Challenges

Published January 2, 2026, 13:14
APOEL Faces Financial Challenges

The administration of APOEL is working to cover the team's immediate financial obligations. While a significant portion of the debts has been settled, approximately one million euros remain needed to lift embargoes and pay off other immediate liabilities. The immediate priority is to lift the embargoes, allowing for the necessary transfers requested by coach Pablo Garcia, while also avoiding further penalties.