Irini Karipidis: “After we took over Aris we paid €6.8 million in debt – This is our vision”

In an interview granted by Irini Karipidis to the Italian website, sportpress24 and Manos Staramopoulos, she mentioned many issues concerning Aris.

Ms. Karipidis, who from February 2022, has assumed the position of president and managing director at PAE Aris, pointed out that the current management has paid the amount of 6.6 million euros from debts of previous managements, spoke about the sale of Palma, of a player who cost only 200,000 euros and made it clear that there is a plan for the Academy.

Here is part of the interview:

For the financial data of Mars:

“Ares is an important part of the living history of Thessaloniki and therefore commands respect. On this basis, our management could only be what our team deserves: prudent and targeted to achieve the best possible result. I will tell you as an example that after taking over the administration, debts of 6.8 million euros arose to the previous administrations and although it was not our obligation, we were obliged to pay them. In addition, we have effectively managed and dealt with the club’s financial obligations during the very difficult Covid-19 crisis, so the club’s finances are better than ever.”

For the sale of Palma:



“You know, in modern professional football trading football is vital for all clubs and it takes a lot of planning and patience to achieve effective trades. That is, the right time to give one player and the right time to take another, and obviously commitment and difficult negotiations to do this in effective financial terms. And the right time is defined by the sum of many factors, not just one. So I tell you that both in the case of Mancini and in the case of Luis Palma who was bought by Celtic for 4 million, while we got him from Vida for only 200 thousand, but also in other cases like Mateo Garcia, Mazikou etc. .etc., Aris has benefited a lot, not only in revenue but also in networking in the international football market”.

For the Academies:



“Ares has academies and very soon we will be able to announce our new plan to substantially strengthen our academies. The planning of the real structural changes has been completed and the relevant announcements will be made soon in the next period”.

Editor: Konstantina Tolia