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Greek Super League

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Greek football in crisis

Greece is effectively insolvent and many commentators think that despite the efforts of the European Union and the IMF to prop up the economy it will have to default on its debts sooner or later, the first advanced country to do so for sixty years.   Now a major crisis has developed in Greek football and it is inextricably linked to the economic crisis and the country's problems of corruption.

Greek football hit by economic crisis

Football in Greece has been hit hard by the economic crisis and the subsequent austerity measures which have squeezed personal incomes.   Although top teams have enough sponsorship and television income to keep going, teams in the lower leagues have been hit hard with some matches being cancelled because transport for the team cannot be paid for.


However, it is evident that the problems are not just about the economy but are also related to other factors such as violence on the terraces which deters spectators.

AEK Athens FC

Traditional AEK Athens football shirt

AEK was founded in 1924 by Greek refugees from Constantinople (now Istanbul) in the wake of the Greco-Turkish War. The full name is Athlitiki Enosis Konstantinoupoleos (Athletic Union of Constantinople). Honours include winning 11 national Championships and 13 Greek Cups. Home matches are played at the Olympic Stadium in Athens (Capacity: 71,030 all-seated), however a 2007 Memorandum of Cooperation has been signed between the Ministry of Finance and Economy and the club that outlines plans for a new stadium development at Ano Liosia.

Website: 
www.aekfc.gr