Acquittal in the case of AOX share transfer
Western Thrace
Wed, 22 Jan 2025 9:26 GMT
The Three-Member Court of Appeals for Felonies in Thrace unanimously acquitted all six defendants, including former owners and board members of the companies involved, in the case concerning the transfer of shares of PAE Xanthi (AOX).

The Three-Member Court of Appeals for Felonies in Thrace unanimously acquitted all six defendants, including former owners and board members of the companies involved, in the case concerning the transfer of shares of PAE Xanthi (AOX).
This case, which had been reviewed by the Professional Sports Committee five years ago, had led to the deduction of points from AOX, resulting in the team's relegation from the top division.
The court ruled that there was no malicious intent in the delayed notification to the Professional Sports Committee regarding the share transfer. While the ruling does not change the sporting consequences for the team, it serves as a moral vindication for those implicated, indicating that the club was unjustly relegated.