Dimitris Giannakopoulos denies sale of Panathinaikos BC

Dimitris Giannakopoulos, the owner of Panathinaikos BC, officially denied reports suggesting he sold the majority share of the basketball club to a foreign investment firm. The rumors specifically named an entity called 'ION Capital' as the potential buyer. These claims had circulated widely in both domestic and international media. Giannakopoulos addressed the speculation through his social media accounts. He dismissed the reports as fictitious and entirely disconnected from reality. Using humor, he mocked the name of the alleged investment firm by comparing it to ION-brand chocolate. He further clarified his personal preference for another chocolate brand, Lacta, to highlight the absurdity of the claims. This statement serves to settle ongoing speculation regarding the ownership status of the team.