Panathinaikos will have a combined budget of €50 million, with €35 million dedicated to regular expenses, such as player and staff salaries, travel expenses, etc. €15 million will go toward the renovation of the OAKA Arena in Athens.

Credit: Vangelis Stolis
Credit Vangelis Stolis

Panathinaikos AKTOR Athens brought in three big-name players this offseason - Lorenzo Brown, Omer Yurtseven, and lastly, Cedi Osman. A few days after the last signing, the team's budget for the upcoming year was revealed.

According to SDNA, Panathinaikos will have a combined budget of €50 million this season, with €35 million dedicated to team expenses, including player and staff salaries, travel expenses, accommodation, etc.

An additional €15 million will be devoted to the renovation of the OAKA arena in Athens, which was handed to Panathinaikos in 2023 for the next 49 years. The initial cost associated with the project was expected to be €14.7 million but increased by a few percent.

Panathinaikos are expected to sell naming rights of the OAKA in the future, SDNA notes, which would bring an additional yearly revenue stream. Regardless, the current expenses are significantly higher than the club's revenue, the news outlet writes.

Panathinaikos AKTOR Athens

Position Player Status
PG Lorenzo Brown (story) Signed until 2027
PG/SG Kostas Sloukas Signed until 2026
PG/SG Kendrick Nunn Signed until 2026
PG/SG Jerian Grant (story) Signed until 2026
SG Marius Grigonis (story) Signed until 2027
SG/SF Panagiotis Kalaitzakis Signed until 2024+1
SG/SF Dimitris Moraitis Signed until 2026
SF Ioannis Papapetrou Signed until 2025
SF Cedi Osman (story) Signed until 2025
SF/PF Eleftherios Mantzoukas Signed until 2025
PF Juancho Hernangomez Signed until 2025
PF Konstantinos Mitoglou Signed until 2026
C Kostas Antetokounmpo Signed until 2025
C Mathias Lessort Signed until 2025
C Omer Yurtseven (story) Signed until 2025 +1
Coach Ergin Ataman (signed until 2027)
Expired contract  
Rumored to leave Luca Vildoza (will not return)
Interested  
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