Anorthosis prepares for administrative transition and player contract renewal

Anorthosis is transitioning to a new administrative era, with a group of investors led by Savvas Koumis, Sotiris Flourentzos, and Panagiotis Giorkatzis working to take over management. On Friday, May 29, 2026, the investor group fulfilled their commitment by transferring approximately 350,000 euros, representing 30% of the funds raised to address urgent financial liabilities of the football department. A general assembly is scheduled for June 5, 2026, where the change in leadership is expected to be finalized. Simultaneously, the club has reached a near-agreement with 33-year-old Portuguese defender Kiko for a 2+1 year contract extension. While the new leadership structure is still being defined, there is a current search for an experienced executive president. Sources indicate that members of the existing board will also participate in the new management structure to ensure stability and unity.