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APOEL: A Mix of Sporting Success and Financial Troubles

Published January 5, 2026, 08:23
APOEL: A Mix of Sporting Success and Financial Troubles

APOEL started 2024 with a comfortable 3-0 victory over Enosis, keeping a clean sheet. The match provided playing opportunities for players like Abagnia, Evagoras Antoniou, Pursaitidis, and Apia, marking their return to action. Despite the success on the field, APOEL's management is facing serious financial problems, causing concern among fans. President Prodromos Petrides denies rumors of a departure and assures that he is working to find a solution. Coach Pablo Garcia has expressed the need for squad reinforcement, but the administration is struggling to agree with new players due to existing embargoes. The team also has cup commitments, facing APEA Akrotiri on Wednesday, January 7th, with the aim of reaching the quarter-finals. The financial situation of APOEL remains the dominant issue, with options for addressing the problems dwindling. The administration is under pressure to find immediate solutions to ensure the sustainability of the club and avoid further difficulties. The need for transfers is evident, but depends on resolving the embargoes. Despite the difficulties, APOEL remains competitive and aims for success in both the league and the cup. The victory over Enosis is a positive start to 2024, but the management must focus on resolving the financial problems to ensure the future of the club.