{"id":849557,"date":"2026-08-09T22:06:16","date_gmt":"2026-08-09T22:06:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/849557\/"},"modified":"2026-08-09T22:06:16","modified_gmt":"2026-08-09T22:06:16","slug":"giannakopoulos-opens-up-about-his-future-dismisses-olympiacos-rivalry","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/849557\/","title":{"rendered":"Giannakopoulos opens up about his future, dismisses Olympiacos rivalry"},"content":{"rendered":"<p>Claiming Panathinaikos is now worth \u20ac500 million, owner Dimitris Giannakopoulos admitted he may transition to a fan role in five years. He defended Ergin Ataman&#8217;s tenure and argued that Olympiacos cannot be compared to his club, while noting a lack of will from his rivals to find peace.<\/p>\n<p><a href=\"https:\/\/basketnews.com\/teams\/33-panathinaikos-athens.html\" rel=\"nofollow noopener\" target=\"_blank\">Panathinaikos AKTOR Athens<\/a>\u00a0owner Dimitris Giannakopoulos opened up about his future with the club, last season and rivalry with <a href=\"https:\/\/basketnews.com\/teams\/460-olympiacos-piraeus.html\" rel=\"nofollow noopener\" target=\"_blank\">Olympiacos Piraeus<\/a>\u00a0in an <a href=\"https:\/\/www.youtube.com\/watch?v=8QzJ8v2E6X8\" rel=\"nofollow noopener\" target=\"_blank\">interview with Euro Insiders<\/a>.<\/p>\n<p>Giannakopoulos is one of the most controversial public persons in the EuroLeague ecosystem. He has received a number of suspensions and fines for his provoking acts during games and emotional messages on social media.<\/p>\n<p>Despite the constant controversy, the Greek businessman continues to show love to his club and has helped Panathinaikos reach the top of European basketball in recent years.<\/p>\n<p> Giannakopoulos talks last season results, support for Ataman\u00a0 <\/p>\n<p>Giannakopoulos remained positive when asked if last season was a success or a failure and how he would define it.<\/p>\n<p>&#8220;Actually I don&#8217;t think it&#8217;s a failure. I think it&#8217;s a success because we have the best stadium in Europe. Panathinaikos never had a stadium owned by the club. I think that all around the world, whoever has seen it, has been really astonished. I think it&#8217;s really a big success having families, having the whole of Greece calling and asking for for a ticket.&#8221;<\/p>\n<p>However, regarding basketball results, he was less positive.<\/p>\n<p>&#8220;Basketball wise, I expected something better. It was one of the reasons why we changed the gear this year. I think that this season was just unlucky. I don&#8217;t think that it was a learning season.&#8221;<\/p>\n<p>  <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/08\/image-472336-any780x600.jpg\" title=\"Ergin Ataman, Dimitris Giannakopoulos\" alt=\"Ergin Ataman, Dimitris Giannakopoulos\" border=\"0\"\/><\/p>\n<p>Ergin Ataman, Dimitris Giannakopoulos<\/p>\n<p>Credit Vangelis Stolis<\/p>\n<p>The Panathinaikos owner then defended former head coach <a href=\"https:\/\/basketnews.com\/persons\/2-ergin-ataman.html\" rel=\"nofollow noopener\" target=\"_blank\">Ergin Ataman<\/a>, who faced criticism during the season.<\/p>\n<p>&#8220;Everybody was asking me &#8216;why are you supporting Ergin so much this season and why are you so pro-Ergin?&#8217; Firstly, because he&#8217;s an amazing professional. He brought me the European title. And I believe that if he had the full support of everybody, maybe the results would have been different. I love him so much. We have the same beliefs, the same character.&#8221;<\/p>\n<p> Dimitris Giannakopoulos hints at possible Panathinaikos exit, reveals massive club valuation <\/p>\n<p>The Panathinaikos owner explained that taking control of the club was never part of his original plans, recalling how his father convinced him to continue the family&#8217;s involvement.<\/p>\n<p>&#8220;I grew up in a house where the word Panathinaikos came up every ten minutes,&#8221; Giannakopoulos said.<\/p>\n<p>&#8220;Business-wise, involvement-wise, I&#8217;ve said it in the past, I&#8217;m not going to go back on that. It wasn&#8217;t something that I wanted to be involved [in] back in 2012. I told you, I&#8217;ve even gone to Nigeria to try to find a buyer. I didn&#8217;t want that.<\/p>\n<p>&#8220;My dad asked me and he said, &#8216;Look, please don&#8217;t do this to me. This is my legacy.&#8217; I carried on, I did the best I could, I think I passed the level of what was expected.&#8221;<\/p>\n<p>However, Giannakopoulos made it clear that he has never promised to remain in charge indefinitely.<\/p>\n<p>&#8220;Now, to be honest, why am I keeping being involved? I never said that I&#8217;m going to be here forever. I have the responsibility for like three or four million [people], if they&#8217;re going to wake up in the morning with a smile or with not a smile. So I think about them a lot.&#8221;<\/p>\n<p>According to him, Panathinaikos&#8217; value has increased dramatically in recent years and could now be approaching half a billion euros.<\/p>\n<p>&#8220;Basketball, going into the business side, is changing,&#8221; he said.<\/p>\n<p>&#8220;Like valuation of Panathinaikos a few years ago was in the tens. Now it&#8217;s maybe half a billion.&#8221;<\/p>\n<p>The growing value of the organization, he admitted, is one of the factors affecting his thinking about whether to remain involved.<\/p>\n<p>&#8220;A bit of it is keeping me there. A bit of it is maybe changing my thoughts about my future involvement. So let&#8217;s say that I&#8217;m with one-and-a-half feet in, half a foot out. We&#8217;ll see.&#8221;<\/p>\n<p>When asked where he sees himself several years from now, his answer was even more striking.<\/p>\n<p>&#8220;You see where [the cat is] sitting? I&#8217;m going to put a television there and I&#8217;m going to be watching the games as a fan in five years and I&#8217;m going to be shouting, &#8216;You should get another center, you should get another point [guard], you should get another small forward.'&#8221;<\/p>\n<p>  <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/08\/image-469070-any780x600.jpg\" alt=\"\" border=\"0\"\/><\/p>\n<p>Credit Tourette Photography \/Alamy\/Scanpix<\/p>\n<p>  The Panathinaikos owner dismisses Olympiacos rivalry, addresses possibility of peace <\/p>\n<p class=\"isSelectedEnd\">Giannakopoulos does not believe Panathinaikos and Olympiacos should be viewed on the same level in basketball.<\/p>\n<p class=\"isSelectedEnd\">&#8220;I cannot put in the same sentence Panathinaikos and Olympiacos, because we are two totally different clubs in dynamic, two totally different clubs in size, in ethics, in everything.&#8221;<\/p>\n<p class=\"isSelectedEnd\">According to Giannakopoulos, the rivalry comes mainly from football.<\/p>\n<p class=\"isSelectedEnd\">&#8220;This rivalry comes from football. There is no rivalry in basketball. Olympiacos fans, the last ten years, have learned that basketball is an orange ball and not a black-and-white one. You used to go to the stadium of Olympiacos ten years ago and you used to hear, &#8216;Offside, offside.'&#8221;<\/p>\n<p class=\"isSelectedEnd\">Still, Giannakopoulos stressed that he respects Olympiacos supporters.<\/p>\n<p class=\"isSelectedEnd\">&#8220;I respect Olympiacos fans a lot. I respect the fans of every club. But I cannot accept that Panathinaikos, Olympiacos in basketball can be in the same kind of conversation.&#8221;<\/p>\n<p class=\"isSelectedEnd\">Asked about the possibility of peace between the two sides, Giannakopoulos said he has tried before.<\/p>\n<p class=\"isSelectedEnd\">&#8220;I&#8217;ve said this thousands of times. I tried to humanize it. There is no will on the other side. There is no will. I&#8217;m ready to sit on the same table.&#8221;<\/p>\n<p>                                                    <a href=\"https:\/\/basketnews.com\/plus?utm_source=basketnews_com&amp;utm_medium=bn_plus&amp;utm_id=UA-259273-31&amp;utm_campaign=banners_free_content_for_not_members_bottom_3\" class=\"banners_paid_content_info_block_white banners-paid-content-info-block-white\" data-google-interstitial=\"false\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>                                                <img decoding=\"async\" class=\"bn-plus-img img-fluid\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/bn-plus.png\" alt=\"\"\/><\/p>\n<p>                                            Support BasketNews so we could make even better content.<\/p>\n<p>                                                            <\/a><\/p>\n<p>                                If you like our content, please <a href=\"https:\/\/www.google.com\/preferences\/source?q=basketnews.com\" rel=\"nofollow noopener\" target=\"_blank\">click here<\/a> and add us as your preferred source. It helps us a lot, and we are committed to delivering you the very latest basketball news.<\/p>\n","protected":false},"excerpt":{"rendered":"Claiming Panathinaikos is now worth \u20ac500 million, owner Dimitris Giannakopoulos admitted he may transition to a fan role&hellip;\n","protected":false},"author":2,"featured_media":849558,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[574],"tags":[64,63,726,85],"class_list":["post-849557","post","type-post","status-publish","format-standard","has-post-thumbnail","category-basketball","tag-au","tag-australia","tag-basketball","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/849557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=849557"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/849557\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/849558"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=849557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=849557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=849557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}