AEK Larnaca president Andros Karapatakis discusses failed investor deals

On May 14, 2026, AEK Larnaca president Andros Karapatakis addressed the media regarding previous attempts to secure external investment. He revealed three specific cases that failed to materialize. The first involved a planned 25 million euro investment spread over five years, which collapsed due to the war in Ukraine. A second agreement fell through after prospective investors observed low fan attendance at matches, leading them to conclude the club was not financially viable. The third case involved potential investors from Bahrain, but talks were halted due to the onset of the war. During the conference, Karapatakis also commented on the club's sporting history, referencing past frustrations regarding refereeing and league titles. He notably reiterated his previous criticisms concerning the team's past failures and the controversial use of technology in decision-making. The president confirmed that the club continues to operate under its current model.