Panathinaikos owner Dimitris Giannakopoulos has been fined €60,000 by EuroLeague Basketball for breaching his five-month ban from entering EuroLeague arenas.
Giannakopoulos’ ban, which is ongoing, is due to expire on June 30, almost a month after the EuroLeague season is due to end with the Final Four in Belgrade.
However, Giannakopoulos was present for Panathinaikos’ EuroLeague game last Friday against Olympiacos, which is a violation of his suspension.
“Article 23 of the Euroleague Basketball Disciplinary Code, which is titled “Honouring of Sanctions” states that non-compliance with decisions of the Independent Disciplinary Judge and Appeals Judge, among others, “will be considered an additional infringement” to be penalized with fines of between €30,000 and €280,000,” a EuroLeague statement said, refreshing the rules of the handbook.
“As such, Mr. Giannakopoulos has been notified by Euroleague Basketball of an additional fine of €60,000 in the form of a penalty for not complying with the ban from Euroleague Basketball arenas, which remains in force.”