Official communication from Panathinaikos in compliance with the agreement reached with the Court for Arbitration for Sport
Panathinaikos BSA is a member of the European family of Basketball. Panathinaikos BSA hereby confirms its great respect for the Euroleague organisation and its officials and wishes to maintain its good relationship and cooperation with Euroleague.
Panathinaikos BSA accepts as true the statement of Thanassis Giannakopoulos that he never suggested that Euroleague or its CEO are “mafia” and Panathinaikos BSA knows well that Euroleague and its representatives are trustworthy and impartial.
Panathinaikos BSA recognises that any actions that could be interpreted as suggesting corruption are unacceptable, including the tossing of bank notes, and regrets any disrespectful behavior towards the Euroleague by anyone associated with the Panathinaikos BSA organisation during the Euroleague Final Four 2009 in Berlin.
