APOEL board remains in office to secure investment deal and funding

At the Annual General Assembly of the APOEL Association held at the Pavilion, president Kyriakos Zivanaris announced that the current administration will remain in office, reversing its previous intention to resign. The board stated that administrative stability is necessary to finalize a deal with the investment group led by Savvas Liasis. During the assembly, it was revealed that an investment of €1,000,000 has been secured to pay off historical debts, with the involved investors expected to hold shares in the new company upon the deal's completion. Additionally, Zivanaris confirmed that renovation works on the club's premises are on schedule for the upcoming centenary celebrations. The official program for the 100-year anniversary events is set to be presented on the 26th of the month. The meeting also included a performance review of the club's athletic departments and a formal accountability report from the board. Despite initial plans for elections, the leadership will continue to manage the club throughout this transition period.