PAOK Amateur: “It has 250m euros for the new Toumpa Mystakides”

Announcement on disposal of 250 million euros by Aristotle Mystakides issued Amateur PAOK.

According to AS, on Wednesday (09/07), a letter was sent to the Association’s offices, which confirmed by the Swiss Bank UBS that there were funds available that correspond to the aforementioned amount and are intended for the construction of the new football field.

In detail:

Thessaloniki, 09/07/2025

AS PAOK, informs its members and the team’s sporting world, that on 09/07/2025 was sent through courier company to the club’s offices, a letter of confirmation of money from the Swiss Bank UBS that there are funds available in the name of Mr. Aristotle Mystakides at least 250 million euros. The PAOK Board of Directors immediately met in order to make knowledge of all its members, the PAOK side was informed, and Mr. Mystakides’ contact was also contacted.

With a high sense of responsibility, the AS Board of Directors PAOK makes and will continue to make every effort to prosper the common purpose and will inform any development.

PANTHESONIAN

Sporting

GROUP

Constantinople

THE Aristotle Mystakidis He is 63 years old and is a Greek billionaire with roots from the Thessaloniki And born in Rome. They call him “King of Bronze” as he has gained international recognition thanks to his impressive course in the metal industry.

He studied at the London School of Economics, where his brilliant career began. He made his first steps in giants such as Cargill and later Glencore, where he went up to the position of the Deputy Director, playing a catalytic role in the company’s importation into the Stock Exchange. This step made him a billionaire with property which, according to Forbes in 2025, exceeds 2.6 billion euros, making him 1.219th richest man in the world and fifth among the Greeks.

In 2018, Mystakides left Glencore and began to create a strikingly differentiated investment portfolio. With a strong presence in shipping, he invested significantly in Union Maritime, a company operating in tankers and bulk loads, opening new horizons.

At the same time, it has performed Investments of over 500m euros in US real estate marketwhile he has not omitted to invest in Greece, with real estate in Athens, Thessaloniki and Halkidiki, as well as in London, a move that proves his extensive business range. In 2024 he made another big step, acquiring the majority package of Aegean Baltic (ABBANK), taking control of the bank and expanding its influence on the banking sector with assets of more than one billion euros.