Latest Transfer Updates in Greek Football and Basketball
The transfer market remained active on Monday across both football and basketball, with notable developments involving major Greek clubs. PAOK clarified that there are no complications regarding the signing of Giorgos Giakoumakis, despite rumors circulating in Mexico.
PAOK Confirms Smooth Progress in Giakoumakis Transfer
PAOK officially confirmed a verbal agreement with striker Giorgos Giakoumakis, dispelling recent reports from Mexico suggesting issues in finalizing the deal. The Northern Greek club emphasized that all aspects of the transfer are proceeding without obstacles. Giakoumakis has already bid farewell to his teammates at Cruz Azul and is expected to arrive in Thessaloniki on Tuesday, having reached terms both with the player and the Mexican club.
Olympiacos Sees Valbuena’s Return and Masouras’ Departure
In other football news, Olympiacos announced the return of Mathieu Valbuena to their B team, where he plans to conclude his playing career. Meanwhile, Giorgos Masouras is set to continue his professional journey at Al-Khaleej, coached by fellow Greek Giorgos Donis. The transfer is reportedly in its final stages, pending federation approval and administrative formalities.
Other Noteworthy Transfers Across Greek Clubs
Panaetolikos secured the signing of 25-year-old Romanian attacking midfielder Alexandru Mațan, who arrived in Greece on August 9 and has now inked a one-year contract with the club. Additionally, AEL bolstered their squad by acquiring 32-year-old Chilean winger Ángelo Sagal. At Atromitos, midfielder Giorgos Vrakás has departed to join Brisbane Roar in Australia. Meanwhile, Asteras Tripolis is targeting 25-year-old right-back Peter Kioso to strengthen their defense, following the unsuccessful pursuit of Jallow.

Basketball Transfers: Mitrou-Long Returns to Aris, Charalampopoulos Joins AEK
On the basketball front, Aris BC officially announced the return of Elijah Mitrou-Long, who signed a two-year contract to rejoin the team at Nick Galis Hall. Meanwhile, Vasilis Charalampopoulos has agreed to terms with AEK Athens, becoming the club’s latest young acquisition as they aim to strengthen their roster for the upcoming season.
Context and Impact of These Moves
These transfers reflect the ongoing efforts of Greek clubs to reinforce their squads ahead of the new season, balancing experienced players with emerging talents. For instance, Giakoumakis’ move to PAOK is expected to boost their attacking options significantly, while Valbuena’s return to Olympiacos B team brings veteran leadership to younger players. Similarly, in basketball, Mitrou-Long’s comeback to Aris is anticipated to energize the team’s backcourt, and Charalampopoulos’ signing signals AEK’s commitment to nurturing promising Greek talent.