The Hammer Falls on AEL Novibet

The curtain has fallen on an era at AEL Larissa. Owner Achilleas Davelis has officially announced his departure, placing the historic club up for sale in a decisive move that leaves the future hanging in the balance. The decision follows the painful reality of relegation to Super League 2 and the rejection of their immediate restructuring request. The board has made it clear: the time for speculation is over, and the time for business has begun.

No Buyers Yet, But the Deal Is On

Davelis has dismantled the rumors swirling around potential investors. Until now, no concrete interest has emerged for the majority shareholding of the "burgundy" club. The official window for expressions of interest opened on Wednesday, May 27, and will close on Wednesday, June 17. This narrow deadline underscores the urgency for a new steward to step forward before the dust settles completely.

A Legacy of Investment and Uncertainty

The outgoing administration highlighted their four-year tenure, noting that they took over in 2022 with a €1 million share capital and no Super League 2 license. They leave behind a club with €3.3 million in share capital, a Super League license, and freed from past financial burdens. Despite the on-field struggles and bad luck this season, the board insists their efforts were exhaustive. Now, all assets—movable and immovable—are available. The question remains: who will step up to save AEL?