Argyris Pedoulakis offered his resignation as Panathinaikos Athens head coach on Tuesday and the club has accepted.
Pedoulakis resigned as coach following an 88-63 road loss against archrivals Olympiacos Piraeus in the Greek League. He helped Panathinaikos win its first Turkish Airlines EuroLeague game of the season, beating Zalgiris Kaunas 84-76 in the Greek capital. Pedoulakis, 52, took over the Panathinaikos bench from Aleksandar Djordjevic following the Turkish Airlines Euroleague Playoffs in April and guided the team to the Greek League finals, where it lost to Olympiacos.
He previously coached the Greens for a season and a half from the summer of 2012, when he took over for Zeljko Obradovic, until March 2014. He brought the club to the brink of the 2013 Final Four and had a 26-22 record in EuroLeague games with the club.
Pedoulakis also won the 2013 Greek championship and a pair of Greek Cups in his time there, and also coached in the EuroLeague with Peristeri Athens of Greece and Unics Kazan of Russia.
He also has coached teams such as Makedonikos, Panellinios, Rethymno, PAOK and ΑΕΚ Athens. He guided Makedonikos to the 2005 ULEB Cup final. Panathinaikos is looking for a new coach before the team visits CSKA Moscow this week.