Preliminary agreement signed for APOEL's future

On August 20, 2026, a significant milestone was reached for APOEL FC as the Club, the Company, and the investment group led by ECM Partners signed a preliminary agreement regarding the club's future. Savvas Liasis, head of ECM Partners, confirmed the development via social media by posting an image of an orange pen accompanied by the song "Livin’ on a Prayer" by Bon Jovi, signaling his satisfaction with the progress made.

While this signature does not mark the final conclusion of the deal, it represents a crucial step in the negotiations between the involved parties. The process now transitions to the Cyprus Football Association (KOP), which must provide necessary assurances and regulatory approvals before a final agreement can be executed. Both the club and the investment group remain focused on finalizing the transition, with the current status contingent upon upcoming administrative reviews by the football authorities.