Dimitris Melissanidis

FC Olympiacos owner Evangelos Marinakis has made bombshell charges against Petros and Sokratis Kokkalis [the business tycoon who previously owned Olympiacos], as well as against businessman and AEK FC owner Dimitris Melissanidis and PAOK FC owner Ivan Savvidis.

The US Bankruptcy Court for the Southern District of New York has approved Aegean Marine Petroleum's reorganisation plan following the company's filing for Chapter 11 protection under US bankruptcy law.

The plan is the product of extensive negotiations between Aegean Marine Petroleum and a large number of its creditors.

Manolo Jimenez, the Spanish coach who led AEK to its first league title in 24 years last summer, is back at the helm of the Athens club for a third time.

Energy trader Mercuria Group has agreed to provide a $1 billion trade finance facility to Greece's Aegean Marine Petroleum Network, the marine fuel logistics and supplies company said on Thursday, sending Aegean's stock up more than 150 percent.

Within a few hours on Friday Manolo Jimenez, who led AEK to the league title this season, left the Yellows of Athens, and was replaced by former Panathinaikos manager Marinos Ouzounidis.

Czech KKCG Group said on Wednesday it has raised its share in Greek lottery company OPAP.

KKCG said it acquired an additional 22.35 percent stake in investment fund Emma Delta from ICT Holding, substantially controlled by Russian entrepreneur Alexander Nesis.

Once the transaction is completed KKCG will hold 44.7 percent in Emma Delta.

AEK soccer club chairman Dimitris Melissanidis was on Tuesday the latest witness to be called to give evidence as part of a trial into corruption in the sport.

The businessman was the penultimate witness.

His testimony is due to be followed on Wednesday by lawyer Alexis Kougias, who also has a long involvement in club ownership.

The head of the Hellenic Football Federation (EPO), Giorgos Sarris, and Olympiakos chairman Vangelis Marinakis both gave depositions on Wednesday as part of an investigation into an attack on a soccer referee last week.

A prosecutor who deals with sporting issues has called the chairmen of two of Greece’s biggest soccer clubs as well as the head of the country’s soccer federation to answer questions relating to an assault on a referee last week.

 Olympiakos owner accuses AEK strongman for attack on refereeing official

By George Georgakopoulos