Olympiacos Ends 13-Year European Drought

In a dramatic final played on home soil, Olympiacos secured their fourth EuroLeague championship by defeating Real Madrid 92-85. The victory, achieved in front of their own supporters at the OAKA in Athens, marked the end of a 13-year wait for the Greek giants. By lifting the trophy at the home of their arch-rivals Panathinaikos, Olympiacos delivered an emotional moment for their fanbase, cementing their status as one of European basketball’s elite forces.

This triumph carries even more weight given the recent history between the two clubs. Just three years ago, in the 2023 final held in Kaunas, Lithuania, Real Madrid snatched victory with a last-second basket by Sergio Llull, winning 79-78. Olympiacos used that heartbreak as fuel, returning to the final stage in 2026 with a clear mission: redemption. They delivered, controlling the game against the Spanish giants and proving that their previous defeat was merely a setback, not a trend.

A Historic Regular Season and Final Run

Olympiacos’ path to the title was dominant from the start. They became the first team in the modern era of the EuroLeague, since the league format was introduced in the 2016-2017 season, to top the regular season standings and go on to win the championship. Their journey through the Final Four was ruthless, first eliminating Fenerbahce before facing Real Madrid in the decisive match.

While Real Madrid remains the most successful club in EuroLeague history with 11 titles, this loss marked their 11th runner-up finish. The head-to-head record in finals now stands at three victories for Madrid and two for Olympiacos. However, tonight belonged to the Greek side, who proved that finishing first in the regular season can indeed translate to ultimate glory. For Olympiacos, this 2026 title is a statement of intent, blending tactical discipline with the passionate support of the Athens crowd.