Marinakis considers stepping down from chairman of Olympiacos team

The chairman of Olympiacos FC Evangelos Marinakis is considering resigning from his post, following the Appeals Prosecutor’s call for his referral and detention over his suspected involvement in a football corruption ring.

According to a report in Goal News the football club’s legal team fears the repercussions of the chairman’s referral. According to the Hellenic Football Federation’s regulations, should a team official be found to be implicated in a rigged match, then the team in question may have points deducted and heavy fines, as well as the possibility of relegation and trophies being removed.

Additionally, the Piraeus-based football club may also face penalties from UEFA, such as being excluded from European tournaments.

Read more here.

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