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New page in its history opened the football club of Olympiakos. With the old president, but a "new owner" the red-whites hope to put an end to the fatal period for the team with endless negotiations, which led to a dead end street. So Olympiakos found salvation in the face of the entrepreneur Vangelis Marinakis. Despite initial doubts on the part of the management that Marinakis is "the right person" to whom the white-reds could entrust their destiny, things turned out positive. Sokratis Kokalis and Vangelis Marinakis managed to reach an agreement under which the latter will increase the share capital fueling 50 million euros. In this way be the Greek entrepreneur will be the owner of 67% of the shares of the football club. Sokratis Kokalis will keep for himself 12 percent of the shares in the club and will continue to be president of the white-reds. The main reason why he will keep his presidential position is the securing of the smooth operation of the management. The other owners of shares remain Lavrentis Lavrentiadis with 10%, The Company of the Friends of Piraeus with 10% and other shareholders with 1%.

"The football club will fight for what it fought during the previous years. This is a cooperation and agreement, which is primarily aimed at strengthening and progressing of the football club Olympiakos." With these words Sokratis Kokalis announced the launch of the "new era" for the team shortly after his meeting with Vangelis Marinakis. Marinakis in turn said that the contract is the best thing for Olympiakos for all the years during which the team exists. "

Already are known also the names of the first to occupy a position in the new board of directors. It is known that an important role in it will play Nikos Karahalios and Sokratis Kominakis. It is expected that Karahalios, who is a close associate of Marinakis and former Secretary in New Democracy during the election in 2000, 2004 and 2007 to take the position of Director of communication. With his participations Sokratis Kominakis, the famous manager and president of WIND, will also "support" the board of directors of the white-reds. Club will leave the Director-General Yiannis Hrisikopulos. The Club will quit the General director Yannis Hrisikopoulos. The new staff will start work from Monday.

On Monday will also start the intense searches for new recruits for the team. Marinakis wishes at any price to strengthen the team and is willing to invest 20 million euros for transfers of players. In the list of names of interest to the white-reds are celebrities as Milan Jovanovic, Fran Guest, David Trezeguet (after his release from Juventus), Deco (Chelsea), Alexander Hleb (Barcelona), Anatoly Timoshchuk (Bayern Munich), Giovanni dos Santos (Totenham), Saviola (Benfica), Jose Antonio Reges (Atletico Madrid), Sydney Govu (Lyon).