“The roster is closed” – Panagiotis Angelopoulos clarified Olympiakos’ transfers

Panagiotis Angelopoulos was clear about Olympiakos’ transfer issues. One of the owners of the red and white KAE pointed out that with the acquisition of Sasha Vezenkov, the team’s roster for the new season has been closed, thus underlining that there will be no additions and no departures.

His statement in detail Panagiotis Angelopoulou: “Based on the discussions with the coach, the roster is closed. It is rather a summer sport of some sites, which can be dragged along by managers, as if it is some virtual game with movements, sales, loans. Olympiacos have one of the most complete rosters in their history, they have an incredible top six. The year has 80 games, everyone is useful, if you look at it and statistics, once it happened, it is impossible not to have injuries. Everyone is useful, they have contracts and will stay to win titles with Olympiakos.”

Speaking about the financial excess that was done to make the transfer, o George Angelopoulos he said: “It is the biggest agreement in the history of Olympiakos and by European standards. It was made for a model athlete, the best in Europe. The contract is five years, that says it all. The basic philosophy does not change. During the year Olympiacos renewed Fal, Peters and the agreement with Evans was also made… And during the year there were moves. Our interest in Sasha was constant, regardless of the decisions he would make about his future. The budget was already at very satisfactory levels, obviously this year it will be even higher. What is required is done“, while Panagiotis Angelopoulos added: “The facts in European basketball are changing, in order to beat teams with a much bigger budget, you also make moves. We couldn’t let Sasha go elsewhere».

The two presidents also referred to the salary cap that will gradually be implemented in the Euroleague. “It was dealt with in a good way and not something violent in the Euroleague, over time, so there is a rationalization. Europe is getting closer to the philosophy of Olympiakos. One cannot have 30 million and the other 10 million. All the teams agreed on that“, said George Angelopoulos.

THE Panagiotis Angelopoulos emphasized: “The new season will be the last without a limit. Then there will be an attempt to reduce the budgets, there will be exceptions of course. There will be a rationalization within three years. As in the NBA, when you cross a certain limit you will pay a penalty. We have been trained in this for years, so maybe we are superior, compared to other groups that did not have a limit».