Anorthosis president announces major debt repayment and strategic rebuild

On October 7, 2026, Anorthosis president Christos Marangos addressed media representatives during a dinner held in Larnaca to discuss the club's current recovery and restructuring efforts. Marangos emphasized that the leadership is committed to stabilizing the organization's financial and competitive standing.

During his speech, the president revealed that the club has already paid off 2 million euros in legacy debts. He further announced that an additional 1 million euros is scheduled to be paid within the coming days, totaling 3 million euros dedicated to covering past financial liabilities. Beyond the financial recovery, Marangos addressed the team's competitive status, noting that while current results may not yet reflect on the league table, the squad is making necessary foundational progress. He stated that these steps are essential to ensure the club returns to a leading role in the championship starting from the next season.

The initiative serves as part of a broader "sanitization" plan for the club, which has been facing significant challenges. The leadership views this effort as a duty to address the club's financial burdens while simultaneously preparing for a more successful future on the pitch.