The official website for European football

AEK owner jailed

Published: Tuesday 1 October 2002, 17.30CET
AEK Athens FC owner Chrisostomos Psomiadis has been handed a 12-year prison sentence for forgery.
Published: Tuesday 1 October 2002, 17.30CET

AEK owner jailed

AEK Athens FC owner Chrisostomos Psomiadis has been handed a 12-year prison sentence for forgery.

AEK Athens FC owner Chrisostomos 'Makis' Psomiadis was today handed a 12-year prison sentence for forgery.

Crime against the state
Psomiadis was found guilty of forgery against the Greek state in a case dating back to his time as owner of the To Onoma newspaper in February 1996.

Forged document
Psomiadis had published a forged document accusing then government minister Kostas Laliotis of receiving payment from a German consortium bidding for the contract to build the new Athens airport. Laliotis subsequently sued Psomiadis for defamation and argued that the publication had endangered the interest of the Greek state.

Pleading innocence
"I am innocent," said Psomiadis after the judgment, which also included a €10,000 fine and denial of parole. "The former minister, Mr Laliotis, prejudiced the court by bringing as witnesses all the members of the cabinet. No court decision and nobody, not even Laliotis, can stop AEK."

Father and son
Psomiadis visited the AEK training ground yesterday where he presented his son, 18-year-old Stavros Psomiadis, as the new president of Ippoventure SA, the company which owns AEK. He told the playing staff that their bonuses for last year's second place in the league and qualification for the UEFA Champions League would be paid by 6 October.

Moneys owed
Psomiadis also announced that he had met the deadline for the second payment to English company ENIC, AEK's previous owners and a 43 per cent shareholder, of a €1.75m sum.

Last updated: 01/10/02 15.36CET

Related information

Team profiles

http://www.uefa.com/uefachampionsleague/news/newsid=36040.html#aek+owner+jailed

UEFA.com features

The Women's U19 finals in photos
  • The Women's U19 finals in photos
  • Serbia aim to take final step
  • Concentration key to Germany progress
  • See the pick of the pictures from matchday three
  • Nemanja Maksimović: Serbia's man of many parts
  • Drogba's greatest UEFA Champions League hits
  • Ireland's semi-final adventure: behind the scenes
  • Israel travails no problem for Peretz
  • Brahimi following in Madjer's Porto footsteps
  • Trenčín winger Simon commanding attention
1 of 10
  • © 1998-2014 UEFA. All rights reserved.
  • The UEFA word, the UEFA logo and all marks related to UEFA competitions, are protected by trade marks and/or copyright of UEFA. No use for commercial purposes may be made of such trade marks. Use of UEFA.com signifies your agreement to the Terms and Conditions and Privacy Policy.