The countdown has begun. contract between him Municipality of Athens and a joint venture between three construction companies was signed yesterday, paving the way for O Panathinaikos the most modern football stadium in Greece. The necessary funds have been secured, the project has been shielded from all sides, the studies have been completed, and it remains only to start the main work in July-August in order to meet the deadlines and complete everything in 36 months, at the beginning of 2026 period -27.

“Gift” on this historic day was presented by the President of the PAE Giannis Alafousos and its vice-president Yiannis Panagiotidis on behalf of Erasitechnis Takis Malakates and Dimitris Vranopoulos, while the municipality of Athens was represented by Kostas Bakoyannis who stated: “The signatures are in green ink, as heavy as the history of Panathinaikos and Athens. Many thanks to the government and the prime minister, the Panathinaikos family, the municipality. I will feel full in 36 months when we enter the best stadium in Greece.”

Mr. Alafouzos was also overjoyed: “Undoubtedly, this is a significant day for Panathinaikos, one of the greatest moments since 1908, when our existence began. It is very important that we also build amateur objects. The great injustice of the years has been corrected. We look forward to and thank the agencies, the mayor and the government. The biggest team in Athens will have the biggest and most beautiful stadium. In any case, Panathinaikos will reach the next level in front of the stadium.”

PAE also made a solemn announcement: “In 36 months, Panathinaikos will acquire the most modern stadium in Greece. With the signing of today’s final contract for the construction of the facility, the countdown of its completion date begins. This is one of the most important moments in the history of Panathinaikos from 1908 to the present day. We would like to thank all those involved, especially Prime Minister Kyriakos Mitsotakis, Ministers Adonis Georgiadis, Kostas Skrekas, Theodoros Skylakakis and, of course, Athens Mayor Kostas Bakoyannis.”