Philenews

APOEL: A €43.8 Million Rise in Debt Over Six Years

Published March 29, 2026, 20:01
APOEL: A €43.8 Million Rise in Debt Over Six Years

APOEL has experienced a significant increase in debt over the past six years. From €16.28 million in 2019, the debt has risen to €43.8 million by the end of 2025, marking an increase of €27.5 million. This increase is not due to a single factor, but a combination of elements, such as the need for consistent financial support from European competitions, the gradual loss of this continuity, and strategic decisions made. This financial development highlights the complexity of managing a sports organization and the challenges it faces in striving for financial stability and competitiveness.