Panathinaikos A.O.

Olympiakos pushed CSKA all the way in Moscow before going down to the Euroleague favorite on Thursday, but Panathinaikos edged out Buducnost for a much-needed away win on Friday.

Holding CSKA to below 70 points in Russia came close to the miracle that Olympiakos needed to beat the Moscow giant away, but the details worked in the hosts' favor who eventually beat the Greeks 69-65.

The transfer of Panathinaikos soccer club to the Pan Asia fund, led by Thai business man Pairoj Piempongsant, has officially started with club owner Yiannis Alafouzos announcing on Tuesday the signing of the agreement for the first stage of the transaction concerning the first half of his stake.

Costas Politis, the coach of the Greek national team that won the European Basketball Championship in 1987, died on Monday morning after suffering from deteriorating health. He was 76.

Politis became coach of the national side in 1982 and led Greece to 10th place at the World Cup in Spain in 1986. It was the best showing for the Greeks at an international level.

Panathinaikos won a record 37th Basket League title on Sunday with a clear 84-70 victory over its Eternal Rival, Olympiakos, at the Olympic Sports Hall. The Greens won the best-of-five finals with a 3-2 score to retain the league trophy for one more year.

Panathinaikos imposed itself on Olympiakos for the second time in the day to win Game 3 of the Basket League finals with a 73-58 score on Sunday and lead 2-1 in the series.

The Greens require one more win in the best-of-five finals to clinch one more league title, with Game 4 set to take place on Thursday in Piraeus.

Pavlos Giannakopoulos, the founder of Greek pharmaceutical firm Vianex and co-owner of the capital's Panathinaikos basketball club from 1987 to 2012, died on Sunday morning. He was 89 years old.

Pavlos Giannakopoulos, the founder of Greek pharmaceutical firm Vianex and co-owner of the capital's Panathinaikos basketball club from 1987 to 2012, died on Sunday morning. He was 89 years old.

Olympiakos snatched home advantage in the finals of the Basket League with an imposing performance at the Olympic Sports Hals on Sunday, beating Panathinaikos 75-65 in Game 1 of the best-of-five series.

Panathinaikos lost manager Marinos Ouzounidis as well as its last game of the season on Monday, although the Greek coach made sure he asterisked his resignation announcement.

SOCCER: Panathinaikos is close to changing hands after the meeting that the representative of the Pan Asia Investments fund, Pairoj Piempongsant, had on Saturday with club owner Yiannis Alafouzos.