The two sides are getting closer to closing the deal
Christos Pullaidis and Andreas Sandis are getting closer and closer to closing the deal regarding the transfer of the shares of the Anorthosis football company. At the present stage, the two parties are working on the memorandum of understanding and at the end of the process, if and as long as nothing happens, the transfer of shares from Poulaidis to Andreas Santi will begin.
However, our information indicates that there was a reversal in the original plan that brought the major shareholder of “Kyria” to transfer the shares to a group of individuals, as the two parties agreed that the shares will be assigned exclusively to Andreas Santis.
Therefore. the president of the company will shoulder this year's expenses and will begin efforts to find financial resources for the planning of the new season.
Signatures have not been signed, nor has a final agreement been reached as it is expected through negotiations for the memorandum of understanding to take its final form, through which the obligations of each party and their implementation will be recorded.
With these and with these, the latest developments as we have recorded them bring Andreas Santi to completely take over Anorthosis in the new year, however waiting for the final outcome of the negotiations with Christos Pullaidis. The president of the “Kyria” company has already started the planning for the new season with the aim of Anorthosis returning to the leading stages.