View source for Panathinaikos F.C.

{{short description |Greek association football club}}
{{EngvarB|date=October 2024}}
{{Use dmy dates|date=January 2021}}
{{Infobox football club
| clubname = Panathinaikos
| image = Panathinaikos F.C. logo.svg
| upright = 0.85
| fullname = Παναθηναϊκός Αθλητικός Όμιλος<br />''Panathinaïkós Athlitikós Ómilos''<br />(Pan-Athenian Athletic Club)
| nickname = Trifýlli (The Shamrock) <br/> Prássinoi (The Greens)
| short name = PAO ({{langx|el|ΠΑΟ}})
| founded = {{Start date and age|df=yes|1908|2|3}}
| ground = [[Leoforos Alexandras Stadium]] <br> [[Olympic Stadium (Athens)|Athens Olympic Stadium]]
| capacity = 16,003 <br> 69,618
| owntitle = Owner
| owner = [[Giannis Alafouzos]]
| chrtitle = President
| chairman = [[Giannis Alafouzos]]
| mgrtitle = Head coach
| manager = [[Rafael Benítez]] 
| league = [[Super League Greece]]
| season = [[2024–25 Super League Greece|2024–25]]
| position = [[Super League Greece]], 2nd of 14
| website = {{URL|http://www.pao.gr/|pao.gr}}
| current = 2025–26 Panathinaikos F.C. season
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{{Panathinaikos sections}}
'''Panathinaikos Football Club''' ({{langx|el|ΠΑΕ Παναθηναϊκός Α.Ο.}} {{IPA|el|panaθinaiˈkos||Panathinaikos.oga}}), known as '''Panathinaikos''', or by its full name, and the name of its parent sports club, '''[[Panathinaikos A.O.]]''' or '''PAO''' ({{lang|el|Παναθηναϊκός Αθλητικός Όμιλος}}; ''Panathinaïkós Athlitikós Ómilos'', {{lit|Pan-Athenian Athletic Club}}), is a Greek professional [[Association football|football]] club based in [[Athens]], Greece.

Panathinaikos was founded in [[1908]] as "Podosfairikos Omilos Athinon" (''Football Club of Athens'') by [[Giorgos Kalafatis]].<ref>{{Cite web|url=https://www.sansimera.gr/articles/400|title=Η ίδρυση και οι μεταμορφώσεις του Παναθηναϊκού|work=Sansimera|access-date=25 November 2021|archive-date=7 November 2021|archive-url=https://web.archive.org/web/20211107161334/https://www.sansimera.gr/articles/400|url-status=live}}</ref><ref>{{Cite web|url=https://www.sport-fm.gr/article/Stories/gewrgios-kalafatis-to-adio-tou-oramatisti-tou-panathinaikou/4159811|title=Γεώργιος Καλαφάτης: Το "αντίο" του οραματιστή του Παναθηναϊκού|website=Sport-fm|access-date=25 November 2021|archive-date=9 December 2021|archive-url=https://web.archive.org/web/20211209041108/https://www.sport-fm.gr/article/Stories/gewrgios-kalafatis-to-adio-tou-oramatisti-tou-panathinaikou/4159811|url-status=live}}</ref> They play in [[Super League Greece]], being one of the most [[List of football clubs in Greece by major honours won|successful]] clubs in [[Football in Greece|Greek football]] and one of the three clubs which have [[List of unrelegated association football clubs|never been relegated]] from the top division. Among their major titles are 20 [[Super League Greece|Greek Championships]], 20 [[Greek Football Cup|Greek Cups]], achieving eight times the [[Double (association football)|Double]] and 3 [[Greek Super Cup]]s.<ref name="worldfootball.net">{{Cite web|url=https://www.worldfootball.net/competition/co1428/records-winners-list/|title=Supercup - Champions|website=Worldfootball.net|access-date=25 November 2021|archive-date=22 November 2021|archive-url=https://web.archive.org/web/20211122100548/https://www.worldfootball.net/winner/gre-supercup/|url-status=live}}</ref><ref name="sport-fm.gr">{{Cite web|url=https://www.sport-fm.gr/article/podosfairo/superleague1/107213|title=Σούπερ Καπ: Ένας… ξεχασμένος θεσμός|website=Sport-fm.gr|access-date=25 November 2021|archive-date=25 November 2021|archive-url=https://web.archive.org/web/20211125183313/https://www.sport-fm.gr/article/podosfairo/superleague1/107213|url-status=live}}</ref> They are also one of three clubs to win a Greek championship [[List of unbeaten football club seasons|undefeated]], going without a loss in a top-flight campaign in the [[1963–64 Alpha Ethniki|1963–64 season]]. Panathinaikos is the only Greek team that has reached the [[UEFA Champions League]] final in 1971 (which they lost to [[AFC Ajax|Ajax]] 2–0), and also the semi-finals twice, in 1985 and 1996. It is also the only Greek team that has played for the [[Intercontinental Cup (1960–2004)|Intercontinental Cup]] (1971). Furthermore, they have reached the quarter-finals of the Champions League on another two occasions (in 1992 and 2002), as well as the quarter-finals of the [[UEFA Europa League|UEFA Cup]] twice (1988 and 2003). They have also won the [[Balkans Cup]] in 1977. According to research and polls, Panathinaikos is the second most popular football team in [[Greece]].<ref name="tanea.gr">[http://www.tanea.gr/news/greece/article/4524106/?iid=2] {{Webarchive|url=https://web.archive.org/web/20141215232427/http://www.tanea.gr/news/greece/article/4524106/?iid=2|date=15 December 2014}}, '' Έλαβον: ΟΣΦΠ 39%, ΠΑΟ 30%, ΑΕΚ 15%, ΠΑΟΚ 11%, Άρης 5%. Ύστερα από 15ετή έρευνα δύο πανεπιστημιακοί στο βιβλίο τους καταγράφουν την ιστορία και γεωγραφία του ελληνικού ποδοσφαίρου'', 30 June 2009, Τanea.gr (in Greek)</ref><ref name="sentragoal.gr">{{cite web |url=http://www.sentragoal.gr/article.asp?catid=10559&subid=2&pubid=338686 |title=H πιο πρόσφατη... "απογραφή"! &#124; blog, βαγγέλης μπραουδάκης &#124; SentraGoal |access-date=29 November 2014 |url-status=dead |archive-url=https://web.archive.org/web/20141129044948/http://www.sentragoal.gr/article.asp?catid=10559&subid=2&pubid=338686 |archive-date=29 November 2014 }}, ''H πιο πρόσφατη... «απογραφή»: 36% Oλυμπιακοί (1,677 εκατομμύρια), 30,2% Παναθηναϊκοί'', Sentragoal, Βαγγέλης Μπραουδάκης (in Greek)</ref><ref name="ReferenceA">{{cite web|url=https://www.sdna.gr/podosfairo/article/23312/o-opadikos-xartis-tis-elladas|title=Ο οπαδικός χάρτης της Ελλάδας!|website=Sdna.gr|date=17 March 2015|access-date=1 August 2023|archive-url=https://web.archive.org/web/20150321081517/http://www.sdna.gr/gr/dimoskopisi/arthro/23312/o-opadikos-hartis-tis-elladas/|archive-date=21 March 2015|url-status=live}}</ref> Panathinaikos is also a member of the [[European Club Association]].

They have played their home games at the [[Leoforos Alexandras Stadium]], considered their traditional home ground, and the [[Olympic Stadium (Athens)|Athens Olympic Stadium]].
Panathinaikos hold a long-term rivalry with [[Olympiacos F.C.|Olympiacos]], the clash between the two teams being referred to as the "[[Derby of the Eternal Enemies]]".<ref>{{cite web|url=https://www.fifa.com/classicfootball/clubs/rivalries/newsid=1140452/index.html |title=Greece Eternal Thespians|publisher=Fifa.com |access-date=26 November 2009 |url-status=dead |archive-url=https://web.archive.org/web/20130320215327/https://www.fifa.com/classicfootball/clubs/rivalries/newsid=1140452/index.html |archive-date=20 March 2013 }}</ref>

==History==
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=== Early years ===
According to the official history of the club, Panathinaikos was founded by the 17 years old track and field athlete [[Giorgos Kalafatis]] on 3 February 1908, when he decided to break away from [[Panellinios Gymnastikos Syllogos]] following the club's decision to discontinue its football team.<ref name="paohistory2"/> The young athlete was followed by the athletes Alexandros Kalafatis (the founder's brother), and Mr. Doukakis, Bouboulis, Chrisis, Granitsas, Mantzakos, Papageorgiou, Gaetas, Demertzis, Stavropoulos, Paschos, Misakian, Reppas, Sapounias and Garoufalias.<ref>{{cite web | url=http://www.pao.gr/en/history/ | archive-url=https://web.archive.org/web/20151229045544/http://www.pao.gr/en/history/ | archive-date=29 December 2015 | title=The 20th Cup }}</ref>

The name of the new club was "Podosferikos Omilos Athinon" (''Football Club of Athens''). It was founded with the aim of spreading and making more known this new sport ([[Association football|football]]) to the Athenian and Greek public in general. Also, the intention of the founders was to create a team for all of Athens and to be connected with the rest of the European football movement, which was already active.<ref name="To 1908">{{Cite web|url=http://paoabroad.com/index.php/2014-11-30-15-03-04/kitroef/item/714-to-1908m|title=To 1908...|website=Paoabroad.com|access-date=25 November 2021|archive-date=7 April 2023|archive-url=https://web.archive.org/web/20230407044634/http://paoabroad.com/index.php/2014-11-30-15-03-04/kitroef/item/714-to-1908m|url-status=dead}}</ref> According to [[Loukas Panourgias]], ''"they wanted their Club not to be like all the others, but a team for Athens, for the entire capital..."''<ref>{{cite web | url=https://www.sport-fm.gr/article/Stories/gewrgios-kalafatis-to-adio-tou-oramatisti-tou-panathinaikou/4159811#goog_rewarded | title=Γεώργιος Καλαφάτης: Το "αντίο" του οραματιστή του Παναθηναϊκού }}</ref><ref>{{cite web | url=https://www.kefaloniapress.gr/topika/athlitismos/article/139770/giorgos-kalafatis-o-kefallonitis-adilinis-pou-idryse-ton-panathinaiko/ | title=ΓΙΩΡΓΟΣ ΚΑΛΑΦΑΤΗΣ: O Κεφαλλονίτης που ίδρυσε τον ΠΑΝΑΘΗΝΑΪΚΟ σαν σήμερα! | date=7 March 2020 }}</ref> Establishing a football-only club at that time was a challenge to the prevailing norms of Greek society."''The founding of a football club at a time when this sport was universally regarded as a street game and was openly persecuted by everyone, both authorities and non-authorities alike, was a clear act of rebellion against the prevailing perceptions of sports at the time''(Athlitismos, 1927)."<ref>{{cite book |title=100 Χρόνια Παναθηναϊκός - Η Ιστορία 1908-2008 |year=2008 |language=Greek |quote=Ιδρυσις ποδοσφαιρικού ομιλου εις εποχήν καθ'ην το αγώνισμα τούτο εθεωρείτο παρ'όλων συλλήβδην εις αγώνισμα του δρόμου και εδιώκετο απροκαλύπτως παρά παντων, αρμοδίων και αναρμοδίων, ήτο καθαρά ανταρσία εναντίον των κρατουσών τότε αντιλήψεων περί αθλητισμού. }} Cited in: "Αθλητισμός, 1927".</ref>
[[File:Podosfairikos Omilos Athinon POA 1908.jpg|left|thumb|200px|The first team in 1908]]
[[File:Παναθηναϊκός 1911.jpg|left|thumb|200px|The team in 1911, with [[Giorgos Kalafatis]] (center, holding the ball) and coach [[John Cyril Campbell]] (sitting on the far right).]]
The first president elected was Alexandros Kalafatis, brother of Giorgos. The ground of the team was in [[Patission Street]].<ref name="pao vima">{{cite news|url=http://www.tovima.gr/sports/article/?aid=382212|title=103 χρόνια από την ίδρυση του Παναθηναϊκού (At this day, Panathinaikos was founded 103 years ago)|date=3 February 2011|work=[[To Vima]]|language=el|access-date=24 April 2012|archive-date=30 June 2017|archive-url=https://web.archive.org/web/20170630173346/http://www.tovima.gr/sports/article/?aid=382212|url-status=live}}</ref> [[Oxford University]] athlete [[John Cyril Campbell]] was brought in as coach, the first time that a foreigner was appointed as the coach of a Greek team.<ref name="pao vima"/> [[Konstantinos Tsiklitiras]], the great Greek athlete of the early 20th century, played as goalkeeper for the new team.

[[File:Panathinaikos 1921.jpg|thumb|200px|The team in 1921]]
[[File:Panathinaikos FC 1922.jpg|thumb|200px|The champion team of 1922]]

During the turbulent 1910s, marked by the Balkan Wars and World War I, football activity declined. Goalkeeper [[Konstantinos Tsiklitiras]] volunteered for the army, fought at the [[Battle of Bizani]], contracted meningitis, and died in Athens at 24.<ref>{{cite web | url=http://www.athletix.org/Athletes/Tsiklitiras.htm | archive-url=https://web.archive.org/web/20120204115205/http://www.athletix.org/Athletes/Tsiklitiras.htm | archive-date=4 February 2012 | title=Athletics: Konstantinos Tsiklitiras }}</ref> Founder [[Giorgos Kalafatis]] served in all three wars, eventually reaching the rank of rear admiral and later on served a military doctor in the Asia minor campaign.<ref>{{cite web | url=https://www.newsbomb.gr/ellada/story/1285114/yponayarxos-georgios-kalafatis-o-anthropos-poy-idryse-ton-panathinaiko | title=Υποναύαρχος Γεώργιος Καλαφάτης: Ο άνθρωπος που ίδρυσε τον Παναθηναϊκό | date=19 February 2022 }}</ref><ref>{{cite web | url=https://1908.gr/portfolio_page/sto-nautiko/ | title=Στο Ναυτικο }}</ref><ref>{{cite web | url=https://1908.gr/portfolio_page/mikrasiatikh-ekstrateia/ | title=Στον Πολεμο }}</ref> In 1910, after a dispute among a number of board members, Kalafatis with most of the players—also followed by Campbell—decided to pull out of POA and secured a new ground in [[Amerikis Square]] and the next year the team won the [[1911 SEGAS Championship]]. Subsequently, the name of the club changed to Panellinios Podosferikos Omilos ("Panhellenic Football Club") and its colours to green and white. By 1914, Campbell had returned to England but the club was already at the top of Greek football with players such as [[Michalis Papazoglou]], Michalis Rokkos and [[Loukas Panourgias]] and went on to win the football tournament of [[:el:Διοργάνωση ποδοσφαίρου Ελλάδας 1915|1915]].

In 1918, the team adopted the [[trifolium]] ([[shamrock]]) as its emblem,  symbol of harmony, unity, nature, fertility and good luck,<ref>{{cite web | url=https://www.pao.gr/en/history/events/ | title=Panathinaikos' History }}</ref><ref>{{cite web | url=http://www.leoforos.gr/history/302/1908-1920 | archive-url=https://web.archive.org/web/20110619195918/http://www.leoforos.gr/history/302/1908-1920 | archive-date=19 June 2011 | title=1908-1920 | work=Ποδόσφαιρο, μπάσκετ, βόλεϊ, όλος ο Παναθηναϊκός παίζει στο Leoforos.gr }}</ref> as proposed by [[Michalis Papazoglou]].<ref name="ethnosport">{{cite news | title=The Golden Age of PAO | url=http://sports.e-go.gr/article.asp?catid=8332&subid=2&pubid=772208 | archive-url=https://web.archive.org/web/20080421150952/http://sports.e-go.gr/article.asp?catid=8332&subid=2&pubid=772208 | url-status=dead | archive-date=21 April 2008 | work=Ethnosport | language=el | publisher=Pegasus Publishing S.A. | author=Kyriazis, Christos | date=4 February 2008 | access-date=28 March 2008 }}</ref> In 1921 and 1922, the [[Athens-Piraeus Football Clubs Association|Athens-Piraeus FCA]] organised the first two post-[[WWI]] championships, in both of which PPO was declared champion. By that stage, the club had outgrown both the grounds in Patission Street and Amerikis Square, due mainly to its expansion in other sports, and began to look at vacant land in the area of Perivola on [[Alexandras Avenue]] as its potential new ground.<ref name="ethnosport"/> After long discussions with the [[Municipality of Athens]], an agreement was finally reached and in 1922 [[Leoforos Alexandras Stadium|''Leoforos'']] ("Avenue" in Greek) was granted to the club.<ref name="pao vima"/>

The move to a permanent home ground also heralded another—final—name change to '''Panathinaikos Athlitikos Omilos (PAO)''', "''All-Athenian Athletic Club''", on 15 March 1924,<ref name="pao vima"/> from now on a [[multi-sport club]]. However, the decision was already taken by 1922.

In 1926, the [[Hellenic Football Federation]] (HFF) was founded and the first [[Greek Championship]] under its authority took place in 1927. The club dominated Athenian football, winning the Athens championships of [[:el:Πρωτάθλημα Ε.Π.Σ. Αθηνών 1924-25|1925]] [[:el:Πρωτάθλημα Ε.Π.Σ. Αθηνών 1925-26|1926]] [[:el:Πρωτάθλημα Ε.Π.Σ. Αθηνών 1926-27|1927]] and [[:el:Πρωτάθλημα Ε.Π.Σ. Αθηνών 1928-29|1929]] organized by the Athens Football Clubs Association.

[[File:Άγγελος Μεσσάρης Παναθηναϊκός 1930.png|thumb|130px|left|[[Angelos Messaris]], the legendary player of the '30s]]
[[File:Panathinaikos FC 1930.jpg|thumb|220px|The champion team of 1930]]

Panathinaikos won undefeated the Championship of [[1929–30 Panhellenic Championship|1929–30]] under the guidance of [[József Künsztler]] and [[Angelos Messaris]] as the team's star player.<ref name="athlitikh">{{cite news | title=Our best moments... | url=http://www.athlitikh.gr/article_detail.asp?node_serial=001001001001&node_id=48&article_id=15421 | work=Athlitikι | author=Alexopoulos, Ilias | date=3 January 2008 | archive-url = https://web.archive.org/web/20091005055230/http://www.athlitikh.gr/article_detail.asp?node_serial=001001001001&node_id=48&article_id=15421 | archive-date = 5 October 2009 | language=el}}</ref> Other notable players of this ''Belle Époque'' period of the team were [[Antonis Migiakis]], [[Diomidis Symeonidis]], [[Mimis Pierrakos]] and [[Stefanos Pierrakos]], among others. They thrashed rivals [[Olympiacos F.C.|Olympiacos]] 8–2, a result that still remains the biggest win either team has achieved against its rival, with Messaris scoring three goals.<ref>{{cite web |url=http://www.e-soccer.gr/afieromata/gegonota/item/3653-panathinaikos-olympiakos-8-2 |script-title=el:Παναθηναϊκός – Ολυμπιακός 8–2 |website=E-soccer.gr |language=el |access-date=13 February 2014 |archive-date=21 June 2019 |archive-url=https://web.archive.org/web/20190621083634/https://www.e-soccer.gr/afieromata/gegonota/item/3653-panathinaikos-olympiakos-8-2 |url-status=live }}</ref> The team also defeated [[Aris Thessaloniki F.C.|Aris]] 1–4 away in [[Thessaloniki]]. Messaris, who scored again three goals, became a hero and chant for the fans.

=== Crisis and WWII years ===
In 1931, a serious disagreement between leading board member [[Apostolos Nikolaidis (athlete)|Apostolos Nikolaidis]] from one side, and some players (most notably [[Angelos Messaris]]) and club's officials on the other side,<ref name="ethnosport"/> regarding the [[professionalisation]] in the [[Football in Greece|Greek football]], which lasted two years, damaged the club and led to a counterproductive period. In the meantime, the HFF [[Greek Football Cup|Greek Cup]] had commenced in 1932. The last bright moment for the Greens before World War II was winning the Cup for the first time in 1940 against Aris, 3–1.
In 1940, with the break out of the [[Greco-Italian War]], many players of the club joined the [[Hellenic Army]]. [[Mimis Pierrakos]] was killed during the war (later, during the 1950s, his bones were transferred from Albania back to Athens). During the [[Axis Occupation of Greece]] from 1941 to 1944, many players of the team became members of [[United Panhellenic Organization of Youth]] (PEAN) resistance organisation,<ref>{{cite web |url=http://www.xyzcontagion.wordpress.com/2011/04/12/podosfairo-polemos-katoxi-emfylios |title=Football during the War |website=Xyzcontagion.wordpress.com |date=12 April 2011 |language=el |access-date=14 May 2015 |archive-date=15 June 2020 |archive-url=https://web.archive.org/web/20200615100702/https://xyzcontagion.wordpress.com/2011/04/12/podosfairo-polemos-katoxi-emfylios/ |url-status=live }}</ref> while [[Michalis Papazoglou]] had a leading role in the resistance group of [[Jerzy Iwanow-Szajnowicz]].

After this long crisis period, Panathinaikos had to wait until 1949 to win again a Greek Championship under the guidance of the Austrian coach [[Johann Strnad]]. That same year, Vangelis Panakis and [[Kostas Linoxilakis]] came to the club and quickly became the side's new star players. Panathinaikos was again champion for the [[1952–53 Panhellenic Championship]].

Until 1959, the team had also won seven of the last eight [[Athens Football Clubs Association|Athens Championships]], the regional championships organised in Greece. In 1959, [[Mimis Domazos]], the emblematic captain of the team, made his first appearance with Panathinaikos and the same year took place the first season under the new system of Alpha Ethniki ([[1959–60 Alpha Ethniki]]). Panathinaikos was the champion team.

=== 1960s: The Golden Decade, the Bobek's rejuvenation ===
During the next years, Panathinaikos were again champions in 1961, 1962, 1964, 1965, 1969 and 1970. Moreover, the team won two more Greek Cups, in 1967 and 1969. Also, during these years, a long process of rejuvenation took place in the club. Notable players retired, such as Panakis, Linoxilakis, [[Takis Loukanidis]] and [[Andreas Papaemmanouil]], and the team had to count on young players like Domazos, [[Antonis Antoniadis]], [[Anthimos Kapsis]], [[Kostas Eleftherakis]] and [[Takis Ikonomopoulos]].

[[Stjepan Bobek]] was the main contributor to this process. In 1963, he became the club's head coach, changing the playing style of the team to a 4–3–3 and created a new team based on young players (the "Bobek's rejuvenation"). Under his guidance, Panathinaikos won the Championship of 1964 without a loss, making them one of the two teams that has won the Greek Championship (with its modern system) undefeated.<ref name="paohistory2">{{cite web
 |url=http://www.pao.gr/en/history/
 |archive-url=https://web.archive.org/web/20151229045544/http://www.pao.gr/en/history/
 |archive-date=29 December 2015
|title=History
 |website=Pao.gr
 |access-date=23 June 2011
|url-status=dead
 
}}</ref> Notable players of the team included Panakis, Domazos, [[Takis Ikonomopoulos]], [[Totis Filakouris]], [[Frangiskos Sourpis]] and [[Aristidis Kamaras]].

With the establishment of the [[Greek military junta of 1967–74|Greek military regime]], the president of the club, [[Loukas Panourgias]], was forced out of the presidency. The contract of Bobek was cancelled by the State, while [[Apostolos Nikolaidis (athlete)|Apostolos Nikolaidis]], the old player, manager and official of the club, went on trial.<ref>{{cite web |url=http://palaimaxoipao1908.blogspot.gr/2011/04/blog-post_26.html |title=History of PAO |website=Palaimaxoipao1908.blogspot.gr |language=el |access-date=14 May 2015 |archive-date=1 July 2017 |archive-url=https://web.archive.org/web/20170701044155/http://palaimaxoipao1908.blogspot.gr/2011/04/blog-post_26.html |url-status=live }}</ref>

In 1967, the great [[Béla Guttmann]] came as coach, but he soon left and ex-player [[Lakis Petropoulos]] was appointed. Under his guidance, Panathinaikos won the championships of 1969 (with a double) and 1970.

=== Puskás years and the epic road to Wembley ===
[[File:Ajax-Panathinaikos 1971-06-02.svg|thumb|150px|left|Line-up of the [[1971 European Cup Final]].]]
[[File:1971 Champions League Final Ajax - Panathinaikos.jpg|thumb|220px|The team in the [[1971 European Cup Final]] against [[AFC Ajax|Ajax]].]]

==== 1970–71 European Cup finalists ====
In 1971, under the guidance of [[Ferenc Puskás]], Panathinaikos were [[1970–71 European Cup]] finalists, the first and only Greek team until today, losing 2–0 to [[AFC Ajax|Ajax]] at [[Wembley Stadium (1923)|Wembley Stadium]].<ref name="paohistory2"/> In the road to the final, they eliminated [[Jeunesse Esch]], [[ŠK Slovan Bratislava|Slovan Bratislava]], [[Everton F.C.|Everton]] and [[Red Star Belgrade]].<ref name="paohistory2"/><ref>{{cite web |url=http://www.e-soccer.gr/afieromata/gegonota/item/1600-%CF%84%CE%BF-%CE%AD%CF%80%CE%BF%CF%82-%CF%84%CE%BF%CF%85-%CE%B3%CE%BF%CF%85%CE%AD%CE%BC%CF%80%CE%BB%CE%B5%CF%8A |script-title=el:Το έπος του Γουέμπλεϊ |website=E-soccer.gr |language=el |access-date=13 February 2014 |archive-date=21 June 2019 |archive-url=https://web.archive.org/web/20190621142057/https://www.e-soccer.gr/afieromata/gegonota/item/1600-%25CF%2584%25CE%25BF-%25CE%25AD%25CF%2580%25CE%25BF%25CF%2582-%25CF%2584%25CE%25BF%25CF%2585-%25CE%25B3%25CE%25BF%25CF%2585%25CE%25AD%25CE%25BC%25CF%2580%25CE%25BB%25CE%25B5%25CF%258A |url-status=live }}</ref> Notable players included the captain [[Mimis Domazos]], [[Anthimos Kapsis]], [[Aristidis Kamaras]], [[Kostas Eleftherakis]], [[Totis Filakouris]] and the goalkeepers [[Takis Ikonomopoulos]] and [[Vasilis Konstantinou]]. [[Antonis Antoniadis]] was the top scorer in the competition scoring ten goals.
In a warmup game before the 1971 final, they defeated Worcester Park 16 - 0.

In the same year, Panathinaikos played for the [[1971 Intercontinental Cup]] (due to the refusal of Ajax to participate), where they lost to Uruguayan club [[Club Nacional de Football|Nacional]] (1–1 in Greece, 2–1 in Uruguay).<ref>{{cite web|url=https://www.fifa.com/classicfootball/clubs/matchreport/newsid=512202.html#intercontinental+cup+1971|title=Intercontinental Cup 1971|date=10 December 2008|publisher=[[FIFA]]|archive-url=https://web.archive.org/web/20120625133802/http://www.fifa.com/classicfootball/clubs/matchreport/newsid%3D512202.html#intercontinental+cup+1971|archive-date=25 June 2012|url-status=dead}}</ref> [[Totis Filakouris]] was the scorer for the Greek club.

During the last amateur years of Greek football, the ''Trifolium'' won one more Championship in 1972. Antonis Antoniadis was again [[List of top goalscorers in Super League Greece by season|top scorer]] with 39 goals (also second in Europe). His [[Football records and statistics in Greece|record]] remains until today in the Greek league.

With the collapse of the [[Greek military junta of 1967–74|military regime]], [[Apostolos Nikolaidis (athlete)|Apostolos Nikolaidis]] became again active for the club and was appointed honorary president of Panathinaikos. In 1975, one of the greatest coaches of his era, the Brazilian [[Aymoré Moreira]], who mainly worked in Brazil ([[1962 FIFA World Cup|World Cup Champion]] with the [[Brazil national football team|Brazil national team]] in 1962), was appointed. After a year and a half of poor results, however, he was replaced by [[Kazimierz Górski]]. With Górski, Panathinaikos won the [[double (association football)|double]] in 1977, followed by a [[Balkans Cup]] victory in the same year.<ref>{{cite web|url=https://www.rsssf.org/tablesb/balkanclub70s.html|title=Balkan Cup 1970–79|website=[[Rec.Sport.Soccer Statistics Foundation]]|access-date=24 April 2012|archive-date=26 November 2022|archive-url=https://web.archive.org/web/20221126131754/https://www.rsssf.org/tablesb/balkanclub70s.html|url-status=live}}</ref> Notable foreign players who played for the team during the late 1970s include [[Juan Ramón Verón]], [[Araquem de Melo]] and [[Óscar Marcelino Álvarez|Óscar Álvarez]].

=== Vardinogiannis era (1979–2012) ===
[[File:Saravakos2.png|thumb|100px|left|[[Dimitris Saravakos]] (2009). Top scorer in the [[1987–88 UEFA Cup]], one of the best players in the club's history and [[Football in Greece|Greek football]].]]

In 1979, Greek football turned professional. The Vardinogiannis family purchased PAO's football department and [[Yiorgos Vardinogiannis|Giorgos Vardinogiannis]] became president.<ref name="ethnosport"/> Panathinaikos were one of the first Greek clubs that formed a [[Panathinaikos women's football|women's team]], in 1980.

The transformation period lasted a few years, but in 1982 the club won its first professional era trophy, [[1981–82 Greek Cup|the Greek Cup]], and during the 1980s they would go on winning two championships (1984, 1986), four more Greek Cups (1984, 1986—with a 4–0 against [[Olympiacos F.C.|Olympiacos]] in the final—, 1988, 1989) and the [[Greek Super Cup]] in 1988. The great star of the team during these years was [[Dimitris Saravakos]], nicknamed "The Kid." Saravakos, a high-technique explosive midfielder and iconic captain of Panathinaikos, was the alsolute idol for the fans during the 1980s, while other players included [[Nikos Sarganis]], [[Spiros Livathinos]], [[Velimir Zajec]], [[Juan Ramón Rocha]], [[Christos Dimopoulos]] and [[Giannis Kyrastas]].

In the 1984–85 season, Panathinaikos, with coach [[Jacek Gmoch]] and stars [[Dimitris Saravakos]], [[Velimir Zajec]], [[Juan Ramón Rocha]] and [[Ioannis Kyrastas]], made a run in Europe, eliminating [[Feyenoord]], [[Linfield F.C.|Linfield]] and [[IFK Göteborg]] to reach the semi-finals of the [[1984–85 European Cup|European Cup]], where they were knocked out by [[Liverpool F.C.|Liverpool]].<ref name="paohistory2"/>

In [[1987–88 UEFA Cup|1987–88]], they made it also to the quarter-finals of the [[UEFA Europa League|UEFA Cup]], eliminating [[Juventus FC|Juventus]], [[AJ Auxerre|Auxerre]] and [[Budapest Honvéd FC|Budapest Honvéd]]. Dimitris Saravakos was top scorer of the competition.

The 1990s were an even more successful period for the club, both nationally and internationally. Four Greek championships (1990, 1991, 1995, 1996), four Greek Cups (1991, 1993, 1994, 1995) and two [[Greek Super Cup]]s (1993, 1994) were awarded to the club.

In the [[1991–92 European Cup|1991–92]] season, Panathinaikos reached also the last eight of the [[UEFA Champions League|European Cup]] and took part in the first ever European tournament to have a group stage.<ref>{{cite web|url=http://www.pao.gr/en/130-en/history/european-history/1991/295-1991|title=In the experimental Champions League|website=pao.gr|access-date=31 August 2019|archive-date=3 May 2019|archive-url=https://web.archive.org/web/20190503083310/http://www.pao.gr/en/130-en/history/european-history/1991/295-1991|url-status=dead}}</ref>

In [[1995–96 UEFA Champions League|1995–96]], with [[Juan Ramon Rocha]] as coach and key players [[Krzysztof Warzycha]], [[Józef Wandzik]], [[Stratos Apostolakis]], [[Georgios Georgiadis (footballer, born 1972)|Georgios Georgiadis]], [[Dimitris Markos]], [[Giannis Kalitzakis]], [[Georgios Donis]] and [[Juan Jose Borrelli]], Panathinaikos reached the Champions League semi-finals, finishing first in the group stage against [[FC Nantes|Nantes]], [[FC Porto|Porto]], [[AaB Fodbold|Aalborg BK]] and eliminating [[Legia Warsaw]] in the quarter-finals.

In the semi-finals, Panathinaikos faced [[AFC Ajax|Ajax]], recording an impressive 0–1 first leg away victory with Krzysztof Warzycha scoring the winning goal. Ajax had a record of 22 undefeated international matches until then, with Panathinaikos breaking their series. The Greek team, however, suffered a 0–3 defeat on the second leg. Thus, Panathinaikos was denied entry to a Champions League final once more.

[[File:Georgios Karagounis 2010.jpg|thumb|left|150px|[[Giorgos Karagounis]], captain of Panathinaikos and the [[Greece national football team]].]]

In the summer of 2000, President Giorgos Vardinogiannis resigned from his duties with complaints for the refereeing situation in Greece and passed his shares to his nephew [[Giannis Vardinogiannis]], who changed the style of the club's management. [[Angelos Anastasiadis]] was initially appointed coach of the team and later the ex-player [[Giannis Kyrastas]].

With the arrival of coach [[Sergio Markarián]], Panathinaikos reached the quarter-finals of the [[2001–02 UEFA Champions League]], being eliminated by [[FC Barcelona|Barcelona]]. Panathinaikos had passed the first [[2001–02 UEFA Champions League group stage|group stage]] as the top club against [[Arsenal F.C.|Arsenal]], [[RCD Mallorca|Mallorca]] and [[FC Schalke 04|Schalke 04]], and the second group stage as second against [[Real Madrid C.F.|Real Madrid]], Porto and [[AC Sparta Prague|Sparta Prague]].

In the first leg of the quarter-finals, Panathinaikos managed to defeat [[FC Barcelona|Barcelona]] by 1–0 in [[Leoforos Alexandras Stadium]].<ref>{{cite web|url=https://www.uefa.com/uefachampionsleague/news/0184-0e6a3de98d45-3ba44984d66b-1000--panathinaikos-in-driving-seat/|title=Panathinaikos in driving seat|date=3 April 2002|website=[[UEFA]]|access-date=31 August 2019|archive-date=8 October 2019|archive-url=https://web.archive.org/web/20191008021247/https://www.uefa.com/uefachampionsleague/news/newsid%3D20792.html|url-status=live}}</ref> The second leg in [[Camp Nou]] was to be an eventful one. Panathinaikos scored first thanks to a beautiful goal by [[Michalis Konstantinou]] but eventually was eliminated as Barcelona scored three goals.<ref>{{cite web|url=https://www.uefa.com/uefachampionsleague/news/025a-0eab04ff0ee7-03e57be600a2-1000--saviola-goal-crowns-comeback/|title=Saviola goal crowns comeback|date=9 April 2002|website=[[UEFA]]|access-date=31 August 2019|archive-date=9 October 2019|archive-url=https://web.archive.org/web/20191009034426/https://www.uefa.com/uefachampionsleague/news/newsid%3D21203.html|url-status=live}}</ref>

Ιn Europe, Panathinaikos made it to the quarter-finals of [[2002–03 UEFA Cup|UEFA Cup quarter-finals]]. En route, the Greek team had knocked-out [[PFC Litex Lovech|Litex Lovech]], [[Fenerbahçe S.K. (football)|Fenerbahçe]] (with an impressive 4–1 win in Leoforos Alexandras Stadium), [[FC Slovan Liberec|Slovan Liberec]] and [[R.S.C. Anderlecht|Anderlecht]].
During the quarter-finals, although winning the first match in [[Estádio das Antas]] against eventual winners of the trophy [[FC Porto]] of [[José Mourinho]], with the header of [[Emmanuel Olisadebe]], they were eliminated in the second leg after extra time.<ref>{{cite web|url=https://www.uefa.com/uefaeuropaleague/news/025a-0eaae58f66ad-ffe7dc068a7d-1000--derlei-double-delights-porto/|title=Derlei double delights Porto|date=20 March 2003|website=[[UEFA]]|access-date=31 August 2019|archive-date=12 October 2019|archive-url=https://web.archive.org/web/20191012190110/https://www.uefa.com/uefaeuropaleague/news/newsid%3D60549.html%3Fiv%3Dtrue|url-status=live}}</ref>

Notable players of this team included [[Takis Fyssas]], [[Giorgos Karagounis]], [[Antonis Nikopolidis]], [[Angelos Basinas]], [[Nikos Lyberopoulos]], [[Michalis Konstantinou]], [[Giourkas Seitaridis]], [[Sotirios Kyrgiakos]], [[Paulo Sousa]], [[Goran Vlaović]], [[Rene Henriksen]], [[Joonas Kolkka]], [[Jan Michaelsen]] and [[Emmanuel Olisadebe]], considered by the fans one of the best teams in the club's history.

During [[2002–03 Alpha Ethniki]] season, they lost the Greek championship in the last two games by arch-rivals Olympiacos.

Under the guidance of Israeli coach [[Itzhak Shum]], Panathinaikos managed to win the championship in 2004.<ref>{{cite web|url=http://www.pao.gr/en/history/titles?id=7731|title=The 19th Championship|website=pao.gr|access-date=31 August 2019|archive-date=9 June 2017|archive-url=https://web.archive.org/web/20170609021031/http://www.pao.gr/en/history/titles?id=7731|url-status=dead}}</ref> They won also the [[2003–04 Greek Cup|Cup]], beating Olympiacos 3–1 in the final, making the double.<ref>{{cite web|url=http://www.pao.gr/en/history/titles?id=7757|title=The 16th Cup|website=pao.gr|access-date=31 August 2019|archive-date=9 June 2017|archive-url=https://web.archive.org/web/20170609004721/http://www.pao.gr/en/history/titles?id=7757|url-status=dead}}</ref> New players like [[Ezequiel González]], [[Lucian Sanmartean]] and [[Markus Münch (footballer)|Markus Münch]] had signed the summer before. In the [[2003–04 UEFA Champions League|Champions League]], they came third in the group stage facing [[Manchester United F.C.|Manchester United]], [[VfB Stuttgart]] and [[Rangers F.C.|Rangers]].

However, Shum was unexpectedly fired early in the next season ([[2004–05 in Greek football|2004–05]]) and [[Zdeněk Ščasný]] succeeded him on the bench. Panathinaikos finished second in the championship, while in the Champions League they came again third in the group stage facing [[Rosenborg BK|Rosenborg]], [[PSV Eindhoven|PSV]] and Arsenal. They continued in the [[2004–05 UEFA Cup|UEFA Cup]], where they were eliminated by [[Sevilla FC|Sevilla]].

In 2005, major changes were made in the team's roster. Players like [[Angelos Basinas]] and [[Michalis Konstantinou]] departed, while others like [[Flávio Conceição]], [[Igor Bišćan]] and [[Andreas Ivanschitz]] arrived. Ščasný gave his seat to [[Alberto Malesani]]. At the start of the [[2006–07 Panathinaikos F.C. season|2006–07]] season, Malesani left the team and was replaced by [[Hans Backe]], who left only three months after his appointment; [[Víctor Muñoz]] was his replacement. For the [[2007–08 Panathinaikos F.C. season|2007–08]] season, Panathinaikos hired [[José Peseiro]].

[[File:Gilberto Silva green.jpg|thumb|120px|[[Gilberto Silva]]]]
[[File:20130814 AT-GR Kostas Katsouranis 2377.jpg|thumb|left|150px|[[Kostas Katsouranis]]]]

On 22 April 2008, and under pressure from the fan base, main shareholder Giannis Vardinogiannis gave a press conference in which he announced the decision of his family to reduce their share in the club to 50%—after 30 years of full ownership—through an €80&nbsp;million increase of the company's capital stock. After the negotiations and the share capital increase, the Vardinogiannis family would hold 56% of the club, the amateur Club 10% and the other shareholders 34% (with main investors [[Andreas Vgenopoulos (businessman)|Andreas Vgenopoulos]], [[Pavlos Giannakopoulos]], [[Adamantios Polemis]] and [[Nikos Pateras]]). Nikos Pateras was selected to be the new president of the club.

[[File:Olympique de Marseille - Girondins de Bordeaux 2007 2008 Djibril Cissé.jpg|thumb|120px|[[Djibril Cissé]], two consecutive seasons [[List of top goalscorers in Super League Greece by season|top scorer]] for the [[Super League Greece|Greek league]]]]

Following the major changes in 2008, Panathinaikos hired [[Henk ten Cate]] as coach and bought many expensive players, such as [[Gilberto Silva]] from Arsenal and [[Gabriel Rodrigues dos Santos|Gabriel]] from [[Fluminense Football Club|Fluminense]]. In the [[2008–09 Panathinaikos F.C. season|2008–09]] season, the Greens proved that they could hold their weight in the [[2008–09 UEFA Champions League|Champions League]] by reaching the [[2008–09 UEFA Champions League knockout phase|last 16]]. However, they disappointed in the [[2008–09 Super League Greece|Greek Championship]], finishing third in the regular season, though they managed to come second overall after the playoff mini-league.

The [[2009–10 Panathinaikos F.C. season|2009–10]] season was a successful one for Panathinaikos. During the summer transfer period, the club bought [[Djibril Cissé]] from [[Olympique de Marseille|Marseille]], [[Kostas Katsouranis]] from [[S.L. Benfica|Benfica]], [[Sebastián Leto]] from [[Liverpool F.C.|Liverpool]] and various other players, spending more than €35&nbsp;million in total. Henk ten Cate left in December to be replaced by [[Nikos Nioplias]]. The team managed to reach the [[2009–10 UEFA Europa League knockout phase|last 16]] of the [[2009–10 UEFA Europa League|Europa League]], eliminating [[A.S. Roma]] after two amazing matches in [[Olympic Stadium (Athens)|Olympic Stadium of Athens]] and [[Stadio Olimpico]].<ref>{{cite web|url=https://www.uefa.com/uefaeuropaleague/news/01e2-0ea17696fb3b-4211ebd4d700-1000--ninis-takes-panathinaikos-breath-away/|title=Ninis takes Panathinaikos breath away|date=25 February 2010|website=[[UEFA]]|access-date=31 August 2019|archive-date=8 October 2019|archive-url=https://web.archive.org/web/20191008021243/https://www.uefa.com/uefaeuropaleague/news/newsid%3D940918.html%3Fiv%3Dtrue|url-status=live}}</ref> Panathinaikos also won both the [[2009–10 Super League Greece|Greek Championship]] and the [[2009–10 Greek Cup|Greek Cup]], beating [[Aris Thessaloniki F.C.|Aris]] by 1–0 in the final of the latter, thanks to a goal by [[Sebastián Leto]].<ref>{{cite web|url=https://www.uefa.com/memberassociations/news/newsid=1480868.html|title=Panathinaikos complete Greek double|date=24 April 2010|website=[[UEFA]]|access-date=31 August 2019|archive-date=8 October 2019|archive-url=https://web.archive.org/web/20191008021245/https://www.uefa.com/memberassociations/news/newsid%3D1480868.html|url-status=dead}}</ref>

In 2011, due to financial problems and management disagreements, Panathinaikos sold [[Djibril Cissé|Cissé]] for €5.8&nbsp;million to [[S.S. Lazio|Lazio]] and first-choice [[goalkeeper (association football)|goalkeeper]] [[Alexandros Tzorvas]] to [[U.S. Città di Palermo|Palermo]] to reduce the budget.<ref>{{cite web|url=https://www.uefa.com/uefaeuropaleague/news/01f3-0e78e3b5c0bb-184d15d9ff96-1000--cisse-signing-adds-to-lazio-s-attacking-options/|title=Cissé signing adds to Lazio's attacking options|date=12 July 2011|website=[[Uefa.com]]|access-date=24 April 2012|archive-date=11 September 2019|archive-url=https://web.archive.org/web/20190911122801/https://www.uefa.com/uefaeuropaleague/news/newsid%3D1650465.html|url-status=live}}</ref><ref>{{cite news|url=http://www.tovima.gr/sports/article/?aid=416587|title="Σικελός" ο διεθνής γκολκίπερ Αλέξης Τζόρβας (Alexis Tzorvas a "Sicilian")|last=Skokas|first=Giannis|date=26 August 2011|newspaper=[[To Vima]]|language=el|access-date=24 April 2012|archive-date=27 June 2018|archive-url=https://web.archive.org/web/20180627144452/http://www.tovima.gr/sports/article/?aid=416587|url-status=live}}</ref> New players then entered, such as [[Quincy Owusu-Abeyie]], [[Toché (footballer)|Toché]], [[Vitolo (footballer, born 1983)|Vitolo]] and [[Zeca (Greek footballer)|Zeca]]. The club also changed their president and chose Dimitris Gontikas to be the new chairman. Panathinaikos failed to qualify to the group stage of [[2011–12 UEFA Champions League|2011–12 Champions League]] after they were knocked out by [[Odense Boldklub|Odense BK]] 4–5 on aggregate.

=== Alafouzos era (2012–present) ===
Panathinaikos' downfall continued as a result of the serious riots in the Panathinaikos–Olympiacos derby of 18 March 2012. The entire board quit and Panathinaikos remained headless for about two months.<ref>{{cite web|url=http://sports.in.gr/football/superleague/article/?aid=1231187959|title="Εξαντλήσαμε τα περιθώρια", είπε ο Γόντικας για την ομαδική παραίτηση ("No tolerance anymore" said Gontikas after mass resignation)|date=23 March 2012|website=[[In.gr]]|language=el|location=Athens|access-date=10 May 2012|archive-date=30 June 2017|archive-url=https://web.archive.org/web/20170630151135/http://sports.in.gr/football/superleague/article/?aid=1231187959|url-status=live}}</ref> However, the owner of [[Skai TV]], [[Giannis Alafouzos]], devised a plan to take Vardinogiannis' shares (54.7%) and make them available to fans around Greece so that everyone could contribute a desired amount, so that Panathinaikos could overcome the crisis.<ref name="alafouzos1">{{cite web|url=http://sports.in.gr/football/superleague/article/?aid=1231193623|title=Ετοιμο το πλάνο Αλαφούζου που "δεν έχει πολυτέλεια για διχόνοιες" (Alafouzos' plan is ready)|date=30 April 2012|website=[[In.gr]]|language=el|location=Athens|access-date=10 May 2012|archive-date=30 June 2017|archive-url=https://web.archive.org/web/20170630154910/http://sports.in.gr/football/superleague/article/?aid=1231193623|url-status=live}}</ref> His plan seemed to be working, as a new 20-member board was elected with Dimitris Gontikas at the president's chair again,<ref name="gontikas1">{{cite web|url=http://sports.in.gr/football/superleague/article/?aid=1231195081|title="Έχουμε πολλά θέματα και λίγο χρόνο" δήλωσε ο Γόντικας (Gontikas: "We have many issues and little time")|date=9 May 2012|website=[[In.gr]]|language=el|location=Athens|access-date=10 May 2012|archive-date=30 June 2017|archive-url=https://web.archive.org/web/20170630160244/http://sports.in.gr/football/superleague/article/?aid=1231195081|url-status=live}}</ref> though it was yet to be seen how the fans would respond to Panathinaikos' call for help.

On 2 July 2012, the '''PAO Alliance 2012'''<ref>{{Cite web|url=http://www.paomprosta.gr/el/content/kefalaio|title=paomprosta.gr|date=24 July 2019|archive-url=https://web.archive.org/web/20190724095506/http://www.paomprosta.gr/el/content/kefalaio|access-date=25 November 2021|archive-date=24 July 2019}}</ref> finally opened to the public so that everyone could be a member and contribute a desired amount in return for privileges. After a few weeks of operation, 8,606 members had signed up, some of which were current or former Panathinaikos players, including [[Jean-Alain Boumsong]], [[Sotiris Ninis]], Gilberto Silva and Djibril Cissé, among others.

On 18 July 2012, marked a historical day in Panathinaikos history, as Giannis Vardinogiannis gave his shares—54.7% of Panathinaikos—to the Panathinaikos Alliance, thereby allowing Panathinaikos to have a fresh start with their own fans at the steering wheel, who through elections (among the members of the Alliance) they compose the board of directors and elect the club's president. The first president elected was [[Giannis Alafouzos]].

The first season with the Panathinaikos Alliance at the helm was nothing short of abysmal for the club. While still enduring financial troubles, Panathinaikos finished sixth in the championship and failed to qualify for the European competition for the first time in 16 years.

[[File:Marcus Berg.jpg|thumb|140px|[[Marcus Berg]]]]

For the [[2013–14 Panathinaikos F.C. season|2013–14]] season, the membership had risen up to 9,305 members. Starting the football year, both fans and journalists were very sceptical of Panathinaikos' chances of a successful season, and many people expected the team to suffer relegation from the [[Super League Greece]].{{Citation needed|date=January 2016}} In May 2013, [[Yannis Anastasiou]] was appointed manager, and he planned a team based on players from the Panathinaikos Youth Academies joined by experienced foreign players looking to revive their careers. Despite the early scepticism, Panathinaikos' fans supported the team through the rough start, and the season turned out to be a massive success in light of the dire financial situation of the club and the young and inexperienced squad. The club finished fourth in the [[2013–14 Super League Greece|regular season]] and second after the playoffs (meaning they qualified for the [[2014–15 UEFA Champions League|2014–15 Champions League]]), with [[Marcus Berg]] the top scorer of the team. Panathinaikos also won the [[2013–14 Greek Football Cup]] after a 4–1 win over [[PAOK FC|PAOK]].<ref>{{cite web|url=https://news.yahoo.com/panathinaikos-beats-paok-4-1-greek-cup-final-200652128.html|title=Panathinaikos beats PAOK 1–4 in Greek Cup final|date=26 April 2014|website=yahoo.com|language=en|access-date=16 August 2019|archive-date=5 March 2016|archive-url=https://web.archive.org/web/20160305050222/http://news.yahoo.com/panathinaikos-beats-paok-4-1-greek-cup-final-200652128.html|url-status=live}}</ref>

On 2 November 2015, after bad performances and a home draw with [[AEK Athens F.C.|AEK Athens]], manager [[Yannis Anastasiou]] was sacked and replaced by [[Andrea Stramaccioni]]. Further successive poor results under the latter's reign, combined with loss of dressing room control, led to the dismissal of Stramaccioni on 1 December 2016, with former Panathinaikos player and [[Greece national football team|Greece]] international [[Marinos Ouzounidis]] taking over the management at the club. Ouzounidis had some great moments with Panathinaikos and was generally liked by the fans. His resignation, due to problems with owner Giannis Alafouzos sparked another wave of disappointment and hatred against Alafouzos from the fans.

On 24 April 2018 UEFA decided to exclude Panathinaikos FC from participating in the next UEFA club competition for which it would otherwise qualify in the next three seasons as a result of Financial Fair Play breaches.<ref>{{cite web|url=https://www.uefa.com/news-media/news/0244-0f8e5fd3ec9d-3e24761fdc9e-1000--cfcb-adjudicatory-chamber-renders-panathinaikos-fc-decision/|title=CFCB Adjudicatory Chamber renders Panathinaikos FC decision|date=24 April 2018|website=[[UEFA]]|language=en|access-date=16 August 2019|archive-date=28 September 2019|archive-url=https://web.archive.org/web/20190928044937/https://www.uefa.com/insideuefa/disciplinary/news/newsid%3D2552500.html|url-status=live}}</ref>

[[Georgios Donis]] was announced as the new coach on 3 July 2018.<ref>{{cite web|url=http://www.gazzetta.gr/football/superleague/article/1246954/epohi-doni-ston-panathinaiko|title=Εποχή Δώνη στον Παναθηναϊκό!|date=3 July 2018|website=gazzetta.gr|language=el|access-date=16 August 2019|archive-date=16 August 2019|archive-url=https://web.archive.org/web/20190816162113/http://www.gazzetta.gr/football/superleague/article/1246954/epohi-doni-ston-panathinaiko|url-status=live}}</ref> Coach Donis had a great start of the season despite beginning with −6 points in the championship, counting 6 consecutive wins that put Panathinaikos on top of the table. However, due to problems with his salary and a clash with Giannis Alafouzos, he was forced to resign in 2019. This situation made the relations between Alafouzos and the fans worse,<ref>{{Cite web|date=13 February 2020|title=Αλαφούζος – οπαδοί: Η σχέση οργής, τα συλλαλητήρια και οι επιθέσεις|url=https://www.sdna.gr/podosfairo/691284_alafoyzos-opadoi-i-shesi-orgis-ta-syllalitiria-kai-oi-epitheseis|access-date=17 December 2020|website=SDNA|language=el}}</ref> with protests and demonstrations during games against him. Panathinaikos remained one of the top clubs in Greece, but its absence from European tournaments was a major factor in the fans' disappointment with the ownership. During the summer of 2020, a series of bad decisions were made from Giannis Alafouzos, who chose to let most of the players that had contributed to a very good season go.<ref>{{Cite web|title=Τι απέγιναν οι μεταγραφές του Παναθηναϊκού από το καλοκαίρι του 2018|url=https://www.contra.gr/podosfairo/ti-apeginan-palta-kai-paiktarades-toy-panathinaikoy-apo-to-kalokairi-toy-2018.7682243.html|access-date=17 December 2020|website=Contra.gr|date=20 July 2020|language=el|archive-date=21 April 2021|archive-url=https://web.archive.org/web/20210421180029/https://www.contra.gr/podosfairo/ti-apeginan-palta-kai-paiktarades-toy-panathinaikoy-apo-to-kalokairi-toy-2018.7682243.html|url-status=live}}</ref>

Spaniard [[Dani Poyatos]] signed on as head of the club on 22 July 2020 for two years, taking over from George Donis' work.<ref>{{cite news |title=Dani Poyatos is the new coach! |url=https://www.pao.gr/en/fc/dani-poyatos-is-the-new-coach/ |website=pao.gr |date=22 July 2020 |access-date=22 July 2020 |language=en |archive-date=22 July 2020 |archive-url=https://web.archive.org/web/20200722164517/https://www.pao.gr/en/fc/dani-poyatos-is-the-new-coach/ |url-status=live }}</ref> Poyatos was sacked after a poor start of the season on 12 October and was replaced by [[László Bölöni]].<ref>{{cite news |title=Mr. Lazlo Boloni is the new coach of Panathinaikos |url=https://www.pao.gr/en/fc/mr-lazlo-boloni-is-the-new-coach-of-panathinaikos/ |website=pao.gr |date=20 October 2020 |access-date=20 October 2020 |language=en |archive-date=27 October 2020 |archive-url=https://web.archive.org/web/20201027134749/https://www.pao.gr/en/fc/mr-lazlo-boloni-is-the-new-coach-of-panathinaikos/ |url-status=live }}</ref> After a disappointing fifth position in the [[2020–21 Super League Greece|league]] and the failure to guide them to a European qualification spot Bölöni was sacked and replaced by [[Ivan Jovanović (football manager)|Ivan Jovanović]].<ref>{{cite news |title=Ivan Jovanovic is Panathinaikos new coach |url=https://www.pao.gr/en/fc/ivan-jovanovic-is-panathinaikos-new-coach/ |website=pao.gr |date=17 June 2021 |access-date= |language=en |archive-date=28 October 2021 |archive-url=https://web.archive.org/web/20211028222115/https://www.pao.gr/en/fc/ivan-jovanovic-is-panathinaikos-new-coach/ |url-status=live }}</ref>

During the [[2021–22 Super League Greece|21–22 season]] under the management of Ivan Jovanović, the team achieved its major goal of returning to European Competitions finishing fourth, and won their 19th [[2021-22 Greek Football Cup|Greek Cup]], beating PAOK 1–0 in the final ending an eight-year trophy drought.<ref>{{cite news |title=Panathinaikos ends eight-year trophy drought lifting the Greek Cup |url=https://www.ekathimerini.com/sports/1185019/panathinaikos-ends-eight-year-trophy-drought-lifting-the-greek-cup/ |website=ekathimerini.com |date=22 May 2022 |access-date=22 May 2022 |language=en |archive-date=21 May 2022 |archive-url=https://web.archive.org/web/20220521225132/https://www.ekathimerini.com/sports/1185019/panathinaikos-ends-eight-year-trophy-drought-lifting-the-greek-cup/ |url-status=live }}</ref> Ivan Jovanović was offered a two-year extension to his contract, which he accepted.

After a five-year absence from European Competitions, Panathinaikos won a place in the third qualifying round of the [[2022–23 UEFA Europa Conference League]], drawing Czech [[SK Slavia Prague|Slavia Prague]]. Any chance of return to a European group stage was lost after losing 3–1 on aggregate.

Their exclusion from Europe wasn't enough, since the squad was off to an exceptional start to the [[2022–23 Super League Greece]] season, ultimately hitting [[2022–23 Panathinaikos F.C. season#Regular season|the largest unbeaten streak in Europe]] for the 2022–23 season) of 16 matches, 3 of which were drawn. The streak ended when Panathinaikos faced second-placed [[AEK Athens F.C.|AEK Athens]], which ended in a 1–0 away loss. All eyes were on the fact that Panathinaikos finished the [[2022–23 Super League Greece#League table|regular season]] placed first with 61 points, followed by AEK Athens with 59 points, a small difference between the two teams, with the remaining play-off round deciding who would lift the trophy. In the last round, Panathinaikos faced [[Aris Thessaloniki F.C.]] and the match ended at 1–1, (making it 78 points), ultimately ending hopes of achieving the first league title since 2010. AEK faced [[Volos F.C.|Volos]], who were at the bottom of the play-offs table, which resulted in a 4–0 home win and the winning of the 2022-23 league for AEK Athens.

Their [[2023–24 Super League Greece]] season started poorly. After finishing fourth in their Europa League group and losing 3–2 to [[Atromitos F.C.|Atromitos]], Jovanović was rumoured to be sacked by the board. After a 3–0 win against [[Volos F.C.|Volos]] in late December, he was relieved of his duties, with Panathinaikos sitting in second place. He was replaced by [[Fatih Terim]], who lasted less than 5 months and was relieved on 17th May 2024<ref>{{Cite web |last=Merkezi |first=Haber |title=Panathinaikos'ta Fatih Terim dönemi sona erdi {{!}} NTV Haber |url=https://www.ntv.com.tr/sporskor/panathinaikosta-fatih-terim-donemi-sona-erdi,a3CPsetcJUuSNWxMzudF6g |access-date=2025-12-30 |website=NTV.com.tr |language=tr}}</ref>. Ultimately under the temporary stewardship of [[Christos Kontis]], Panathinaikos ended the season by winning the [[2023–24 Greek Football Cup]] after defeating Aris in the final 1–0<ref>{{cite web|title=Κυπελλούχος Ελλάδας ο Παναθηναϊκός!|url=https://www.pao.gr/matches/kypellouxos-elladas-o-panathinaikos-2/|website=pao |date=25 May 2024|language=el}}</ref>, thus clinching their 20th Greek Cup title and sealing their position in the following year's [[2024–25 UEFA Europa League#Second qualifying round|2024–25 UEFA Europa League second qualifying round]].

On October 30, 2024, the club announced that [[Rui Vitória]] would be its next coach<ref>{{Cite web |title=Αυτό είναι το τεχνικό επιτελείο που θα φέρει ο Ρούι Βιτόρια στον Παναθηναϊκό κι η μοναδική εκκρεμότητα |url=https://www.sport24.gr/football/panathinaikos-ayto-einai-to-techniko-epiteleio-poy-tha-ferei-stoys-prasinoys-o-royi-vitoria-ki-i-monadiki-ekkremotita.10403735.html |access-date=2024-10-30 |website=www.sport24.gr |date=30 October 2024 |language=el}}</ref>. The [[2024–25 Super League Greece|2024-25]] season proved to be difficult, overshadowed by the accidental death of squad player [[George Baldock]]<ref>{{Cite news |last=Davis |first=Callum |date=2024-10-10 |title=George Baldock: Former Sheffield United defender found dead aged 31 |url=https://www.nytimes.com/athletic/5832089/2024/10/09/george-baldock-dies-sheffield-united/ |access-date=2025-12-30 |work=The New York Times |language=en-US |issn=0362-4331}}</ref>. Despite this tragic loss, the team rallied and ended the season in 2nd place, securing Champions League play-offs<ref>{{Cite web |title=League Table season 2024-2025 {{!}} Super League Greece |url=https://www.slgr.gr//en/scoreboard/23/ |access-date=2025-12-30 |website=www.slgr.gr |language=en}}</ref>. However during a lackluster start to their [[2025–26 Super League Greece|2025–26]] campaign, Panathinaikos terminated [[Rui Vitória|Vitória's]] contract on the 15 September 2025, less than a year after his appointment. A month later, on October 19, 2025, the club announced that [[Rafael Benítez]] would be its next coach<ref>{{Cite news |title=Rafa Benitez signed for Panathinaikos|work=Sport24 |url= https://www.sport24.gr/football/ekleise-to-spoudaio-deal-o-beniteth-ipegrapse-ston-panathinaiko/ |access-date=19 October 2025}}</ref>.

==Crest and colours==
===Crest evolution===
<gallery caption="" widths="120px" heights="120px">
File:Panathinaikos-football-seal.png|1995–present
</gallery>

White was the colour that was first used by the team in 1908 (probably like that of the first crest). The first symbol of the club was an [[Ball (association football)|association football ball]] of the era.

In 1911, the colours changed to green and white. In 1918, [[Michalis Papazoglou]] proposed the [[trifolium]], symbol of harmony, unity, nature and good luck, as emblem of Panathinaikos.<ref name="leoforosc1">{{cite web|url=http://www.leoforos.gr/history/302/1908-1920 |title=1908–1920 | archive-url=https://web.archive.org/web/20141120190301/http://www.leoforos.gr/history/302/1908-1920
 | archive-date=20 November 2014|website=Leoforos.gr|language=el |access-date=23 June 2011}}</ref> The officials of the club were looking for a universal, non-nationalistic or localistic, symbol aiming to represent the whole [[Athens]] at the country and further at the world.<ref>{{cite web|url=http://paoabroad.com/index.php/2014-11-30-15-03-04/kitroef/item/776-aleksandros-kitroeff-h-dekaetia-tou-1920-kai-h-emfanisi-newn-athlitikwn-swmateiwn|title=Η δεκαετία του 1920 και η εμφάνιση νέων αθλητικών σωματείων|website=Paoabroad.com|access-date=18 November 2017|archive-date=16 June 2019|archive-url=https://web.archive.org/web/20190616091808/http://paoabroad.com/index.php/2014-11-30-15-03-04/kitroef/item/776-aleksandros-kitroeff-h-dekaetia-tou-1920-kai-h-emfanisi-newn-athlitikwn-swmateiwn|url-status=dead}}</ref> Papazoglou used to have it sewn on his shirt since he was competing for a club in his native [[Kadıköy|Chalcedon]], [[Istanbul|Constantinople]] (present-day Istanbul, Turkey).<ref name="Trifylli">{{cite web | url=http://www.pao.gr/el/history/Trifylli/ | archive-url=https://web.archive.org/web/20150726170446/http://www.pao.gr/en/history/Trifylli/ | archive-date=26 July 2015 | title=Trifylli | website=Pao.gr }}</ref> He was possibly inspired by [[Billy Sherring]], an [[Irish Canadian]] athlete who had won the [[1906 Intercalated Games|Athens 1906 Olympic]] [[marathon]] (1906 Intercalated Games) wearing a white outfit with a big green shamrock on the chest.<ref>[https://www.uefa.com/uefachampionsleague/news/0253-0d7f7b7fcbc4-cbe4b3cb3617-1000--five-claims-to-fame-panathinaikos/ "Five claims to fame: Panathinaikos"] . uefa.com.</ref><ref>[http://www.gazzetta.gr/stili/afierwmata/article/584033/panathinaikos-106-eton-vids "Παναθηναϊκός 106 ετών (vids)!"] {{Webarchive|url=https://web.archive.org/web/20190616093318/http://www.gazzetta.gr/stili/afierwmata/article/584033/panathinaikos-106-eton-vids |date=16 June 2019 }} (in Greek). Gazzetta.gr</ref><ref>[http://www.palaimaxoipanathinaikou.gr/9532/apotheosi-tou-trifilliou-sto-stadio-dio-chronia-prin-tin-idrisi-tou-panathinaikou "Αποθέωση του Τριφυλλιού στο «Στάδιο», δύο χρόνια πριν την ίδρυση του Παναθηναϊκού"] {{Webarchive|url=https://web.archive.org/web/20190616121815/http://www.palaimaxoipanathinaikou.gr/9532/apotheosi-tou-trifilliou-sto-stadio-dio-chronia-prin-tin-idrisi-tou-panathinaikou |date=16 June 2019 }} (in Greek). Palaimaxoipanathinaikou.gr</ref>

Georgios Chatzopoulos, member—and later president—of the club and director of the [[National Gallery (Athens)|National Gallery]], took over to design the new emblem for the team. Up to the end of the 1970s, a trifolium (green or white) was sewed on heart's side of the jersey and was big in size. With the beginning of professionalism, the crest of the F.C. was created, accompanied by the club initials and the year of founding, 1908.<ref name="Trifylli"/>

Until today, the team's traditional colours are green and white (green for health, [[nature]], such as [[physis|physiolatry]], and white for [[virtue]]), although the white sometimes is omitted, used as trim or as an alternative. During the first years after the establishment of green as Panathinaikos' primary colour, players were wearing green shirts, white shorts and green socks. During the 1930s, an appearance with characteristic horizontal strips was established. This motive was used also in the next decades as primary or second choice. Since then, the uniform style has changed many times, but green has always remained the team's primary colour.

===Shirt sponsors and manufacturers===
Since 1979, when football became professional in Greece, Panathinaikos had a specific kit manufacturer and since 1983 a specific shirt sponsor as well. The following table shows in detail Panathinaikos kit manufacturers and shirt sponsors by year:
[[File:Panathinaikos shirt.jpg|right|thumb|200px|Panathinaikos FC shirt history]]
[[File:Panathinaikos3rd.JPG|right|thumb|160px|Panathinaikos alternative shirt (2008)]]

{| class="wikitable" style="text-align: center; "
|-
! Period
! Kit manufacturer
! Shirt sponsor
|-
| 1979–1980
| [[Adidas]]
| rowspan=5| —
|-
| 1980
| [[Puma SE|Puma]]
|-
| 1980–1981
| [[ASICS]] Tiger
|-
| 1981–1982
| [[Admiral Sportswear|Admiral]]
|-
| 1982–1983
| rowspan=3| ASICS Tiger
|-
| 1983–1985
| [[Citroën]]
|-
| 1986–1987
| rowspan=4| [[Dimitris Kontominas|Interamerican]]
|-
| 1988–1993
| ASICS
|-
| 1993–1995
| [[Robe di Kappa|Kappa]]
|-
| 1995–1997
| rowspan=8| Adidas
|-
| 1997–1999
| —
|-
| 1999–2000
| [[Motor Oil Hellas]]
|-
| 2000–2001
| [[Piraeus Bank]]
|-
| 2001–2004
| [[OTE]]
|-
| 2004–2011
| [[Cosmote Mobile Telecommunications|Cosmote]]
|-
| 2011–2014
| [[OPAP]]
|-
| 2014–2015
| rowspan=4| [[OPAP|Pame Stoixima]]
|-
| 2015–2017
| Puma
|-
| 2017–2019
| [[Nike, Inc.|Nike]]
|-
| 2019–2022
| rowspan=2| Kappa
|-
| 2022–2023
| rowspan=2|Stoiximan
|-
| 2023–2025
| rowspan=2| Adidas
|-
| 2025–''present''
| ''N/A''
|-
|}

==Stadiums and facilities==
{{see also|Leoforos Alexandras Stadium|Olympic Stadium (Athens)|Panathinaikos F.C. New Stadium|Paiania (training ground)|Georgios Kalafatis Sports Center}}
[[File:Panathinaikos Inter CL2008 09 b.jpg|thumb|200px|[[Olympic Stadium (Athens)|Olympic Stadium of Athens]]]]
[[File:Leoforos1.JPG|thumb|200px|[[Apostolos Nikolaidis Stadium]]]]

Panathinaikos' traditional home ground since the early 1920s is the [[Leoforos Alexandras Stadium]], the oldest active football stadium in Greece, in the [[Ampelokipoi, Athens|Ampelokipoi]] district of central [[Athens]]. The stadium is located on [[Alexandras Avenue]] and is most commonly referred to as ''Leoforos'' ([[Greek language|Greek]] for "Avenue"). It is considered one of the most historic stadiums in Greece, as it was used by the [[Greece national football team]] as home ground for many years (most recently for the [[UEFA Euro 2004]] qualifying matches) and even by Panathinaikos' biggest rivals, [[AEK Athens F.C.|AEK Athens]] and [[Olympiacos F.C.|Olympiacos]], on various occasions.

Panathinaikos left ''Leoforos'' in 1984 to play in the newly built [[Olympic Stadium (Athens)|Athens Olympic Stadium]]. In 2000, then-club president Angelos Filippidis announced a return to the Leoforos Alexandras Stadium, following a €7&nbsp;million renovation. Capacity was reduced from 25,000 to 16,620, new dressing rooms were built and modular stand roofing was added in compliance with [[UEFA]] requirements, but in 2004, stricter standards were announced and the Leoforos Alexandras Stadium would need further expansion were it to remain suitable for UEFA-sanctioned matches. This was precluded by local zoning regulations and the team had to return to the Olympic Stadium once more until a new stadium, the proposed [[Votanikos Arena]], was built. The ''Leoforos'' ground was due for demolition.

On 27 January 2007, the board of Panathinaikos decided to reuse the Leoforos Alexandras Stadium for the team's 2007–08 domestic league and UEFA Cup home games. Additionally, the club officials decided to install new a new pitch, new seats and upgrade the press conference room and the restrooms.

In October 2013, and due to the club's and the country's financial troubles, the construction of the Votanikos Arena stopped and consequently the plans for the demolition of the Leoforos Alexandras Stadium were put on hold. After another five-year spell at the Olympic Stadium, the team returned to its traditional home ground once again.

The current president of the club, [[Giannis Alafouzos]], declared his intention for another renovation of the stadium and the capacity increase, while the [[Panathinaikos Movement]] made its propositions for a total reconstruction.

In 2019 the owner of Panathinaikos basketball team presented a funding plan for the construction of the new football and basketball stadiums. The Greek government confirmed in 2022 the construction of the [[Panathinaikos F.C. New Stadium|new stadium]] in the [[Panathinaikos F.C. New Stadium|Votanikos]] area near Eleonas metro station to be completed by 2026.

{| class="wikitable" style="text-align: center;"
|-
! Stadium
! Capacity
! Years
|-
|[[Panathinaikos F.C. New Stadium|Votanikos Stadium]] 
|40,000
|after 2026
|-
|[[Leoforos Alexandras Stadium]] ||style="text-align:left;"| 15,000 || 1923–1984<br />1988–1989<br />
2000–2005<br />2007–2008<br />2013–2018<br />2020–2024<br />2025–present
|-
|[[Olympic Stadium (Athens)|Athens Olympic Stadium]] ||style="text-align:left;"| 69,618 || 1984–1988<br />1989–2000<br />
2005–2007<br />2008–2013<br />2018–2020<br />2024–2025
|}

[[Paiania (training ground)|Paiania]] used to be the training ground of Panathinaikos since 1981, the same year that the [[Panathinaikos F.C. Academy]] was reorganised into one of the best in Greece. It became the farm that trained its top-tier teams' notable players, such as [[Giorgos Karagounis]], [[Angelos Basinas]], [[Sotirios Kyrgiakos]], [[Sotiris Ninis]], and the Greece national team. In 2013, the club and academy would be moved from Paiania to that of the new [[Georgios Kalafatis Sports Center]] in [[Koropi]], to be owned by the club and academy.

==Financial information==
Until 1979, football in Greece was amateur. The team, along with the other departments of [[Panathinaikos A.O.]], depended on the financial support of the club's members. The president (responsible for all athletic departments) was elected by the board members. In 1979, Greece's football turned professional and the Vardinogiannis family purchased the football department. [[Yiorgos Vardinogiannis|Giorgos Vardinogiannis]] became the new president.<ref name="ethnosport"/> Vardinogiannis family were the owners of the club the next decades.

On 22 April 2008, growing pressure of the fan base over the past 30 years compelled the main shareholder representative of the club, Giannis Vardinogiannis, to announce at a press conference the family would reduce their financial stake in the club from 100 per cent to 50 per cent through an €80&nbsp;million increase issue of the company's capital stock. Negotiations followed and the following were agreed: Nikos Pateras was selected to be the new president; the Vardinogiannis family would hold 56 per cent of the club, the amateur club 10 per cent (same as before) and a group of new shareholders 34 per cent ([[Pavlos Giannakopoulos]], [[Nikos Pateras]], [[Adamantios Polemis]] and [[Andreas Vgenopoulos (businessman)|Andreas Vgenopoulos]], plus other minor shareholders).

In 2011, financial problems and management disagreements caused the club to reduce the budget and sell many players. In 2012, the owner of [[Skai TV]], [[Giannis Alafouzos]], devised a plan to take Vardinogiannis' shares (54.7%) and make them available to fans around Greece so that everyone could contribute, so that Panathinaikos could overcome the crisis.<ref name="alafouzos1"/> His intention was to create a new, for the Greek athletic standards, [[List of fan-owned sports teams|supporter-owned football club]]. On 2 July 2012, the '''Panathenaic Alliance''' finally opened to the public so that everyone could be a member and contribute a desired amount in return for privileges. A few days later, Giannis Vardinogiannis gave his shares—54.7% of Panathinaikos—to the Alliance, while the other shareholders maintained their percentage. The members of the Alliance elected a board of directors and club president. The first president elected was [[Giannis Alafouzos]]. In 2013, was decided the move of the team from the previous training center of Paiania to a new one, owned by the club. Located in the area of [[Koropi]], [[Georgios Kalafatis Sports Center]] became the new training ground and academy base of Panathinaikos.

For the [[2014–15 Panathinaikos F.C. season|2014–15]] season, the membership had risen up to 8,495 members contributing a total of €2,680,041.

{| class="wikitable" style="text-align: center;"
|- style="color:black;"
! Season
! Members
! % Difference
! Contribution
|-
|2012–13 ||style="text-align:center;"| 8,606 || – || €2,325,608
|-
|2013–14 ||style="text-align:center;"| 9,305 || <span style="color:#187B4C">+8.1%</span> || €2,580,836
|-
|2014–15 ||style="text-align:center;"| 8,495 || <span style="color:red">-8.7%</span> || €2,680,041
|-
|2015–16 ||style="text-align:center;"| 8,802 || <span style="color:#187B4C">+3.6%</span> || €905,265
|-
|2016–17 ||style="text-align:center;"| 8,060 || <span style="color:red">-8.4%</span> || €1,027,748
|}

Panathinaikos currently is a partially [[List of fan-owned sports teams#Greece|supporter-owned football club]].
According to the latest accounts in 2016 Panathenaic Alliance shares have been reduced to (15%), [[Giannis Alafouzos]] through Sortivo International Ltd and his own shares is the largest shareholder at (74%).<ref name="PAO Accounts 2016">{{cite web|url=http://www.sport24.gr/football/omades/Panathinaikos/aukshse-tis-proswpikes-metoxes-o-alafouzos.4430699.html|script-title=el:Αύξησε τις προσωπικές μετοχές ο Αλαφούζος|website=Sport24.gr|access-date=14 December 2016|language=el|archive-date=15 December 2016|archive-url=https://web.archive.org/web/20161215010654/http://www.sport24.gr/football/omades/Panathinaikos/aukshse-tis-proswpikes-metoxes-o-alafouzos.4430699.html|url-status=live}}</ref> [[Giannis Alafouzos]] suddenly decided to quit the team in September 2017, announcing his departure in a written statement and inviting potential investors to express their interest in buying the team. With rapidly growing doubts about the commitment and the sporting progression of the club, Alafouzos eventually decided to re-invest in the playing and coaching staff around June 2021.

Current sponsorships:
*Shirt sponsor: '''Stoiximan'''
*Sport clothing manufacturer: '''[[Adidas]]'''
*Official sponsors: '''[[Cosmote]]''', '''[[Vivartia]]''', '''[[Piraeus Bank]]''', '''Avance'''
*Supporters: '''[[Powerade]]''', '''[[Marks & Spencer]]'''

==Supporters==
[[File:PANATHINAIKOS FANS.JPG|thumb|180px|Fans of Panathinaikos at the [[Olympic Stadium (Athens)|Olympic Stadium of Athens]]]]
Panathinaikos was founded by middle class athletes (with [[Giorgos Kalafatis]] as a key figure) aiming of spreading and making more known football to the Athenian and Greek public in general. Also, their intention was to create a team for all of Athens and to be connected with the rest of the European football movement, which was already active.<ref name="To 1908"/>

Today, according to UEFA and numerous polls and researches by the biggest newspapers and poll companies in a span of 20 years, Panathinaikos is the second most popular football team in Greece, with the difference behind [[Olympiacos F.C.|Olympiacos]] to be varied between 2% and 9% among the fans.<ref name="tanea.gr"/><ref name="ReferenceB">[http://www.sport24.gr/football/ellada/article344370.ece] {{Webarchive|url=https://web.archive.org/web/20130908092340/http://www.sport24.gr/football/ellada/article344370.ece|date=8 September 2013}}, ''Περισσότερους οπαδούς ο Ολυμπιακός. Ακολουθούν ΠΑΟ, ΑΕΚ, ΠΑΟΚ'', 30 June 2009, Sport24.gr (in Greek)</ref><ref name="gazzetta.gr">[http://www.gazzetta.gr/podosfairo/article/303148-aytoi-einai-oi-opadoi-stin-ellada] {{Webarchive|url=https://web.archive.org/web/20130928022616/http://www.gazzetta.gr/podosfairo/article/303148-aytoi-einai-oi-opadoi-stin-ellada|date=28 September 2013}}, ''Αυτοί είναι οι οπαδοί στην Ελλάδα – Ο Ολυμπιακός έχει τους περισσότερους φιλάθλους στην Ελλάδα, μετά από εκείνους που δεν υποστηρίζουν καμία ομάδα. Δεύτερος ο Παναθηναϊκός, τρίτη η ΑΕΚ και ακολουθεί ο ΠΑΟΚ.'', 26 June 2012, Gazzetta.gr (in Greek)</ref><ref name="sentragoal.gr"/><ref name="sdna.gr">{{cite web|title=SPORTSDNA &#124; ΔΗΜΟΣΚΟΠΗΣΗ &#124; Ο οπαδικός χάρτης της Ελλάδας!|url=http://www.sdna.gr/gr/dimoskopisi/article/23312/o-opadikos-hartis-tis-elladas/|url-status=dead|archive-url=https://archive.today/20150317185608/http://www.sdna.gr/gr/dimoskopisi/article/23312/o-opadikos-hartis-tis-elladas/|archive-date=17 March 2015|access-date=17 March 2015}}</ref><ref name="ReferenceA"/> They have the highest popularity in [[Athens]] metropolitan area<ref>{{Cite web |url=http://2.bp.blogspot.com/-TbsEtgs5bfQ/VQtG4428RhI/AAAAAAAABuM/ROxmyzbFjmI/s1600/2015-3-17%2BMetron%2BAnalysis%2BSDNA%2B%CF%80%CE%B5%CF%81%CE%B9%CE%BF%CF%87%CE%AD%CF%82.png |title=Archived copy |access-date=30 March 2017 |archive-url=https://web.archive.org/web/20161017044818/http://2.bp.blogspot.com/-TbsEtgs5bfQ/VQtG4428RhI/AAAAAAAABuM/ROxmyzbFjmI/s1600/2015-3-17%2BMetron%2BAnalysis%2BSDNA%2B%CF%80%CE%B5%CF%81%CE%B9%CE%BF%CF%87%CE%AD%CF%82.png |archive-date=17 October 2016 |url-status=dead }}</ref> according to many of the corresponding polls, having also a large fanbase in all Greek prefectures, in Cyprus and in the [[Greek diaspora]]. They historically have a large fanbase among the highly educated Greek upper class (traditionally representing the old Athenian society), while they are also very popular among the middle and lower classes.

Panathinaikos supporters hold both records of the most season tickets sales (31,091 in 2010) and highest average attendance for a unique season (44,942 in the 1985–86 season) in the history of Greek football.<ref>{{cite web | url=https://www.sport24.gr/football/panathinaikos-opos-leme-liverpoyl.7871121.html | title=Παναθηναϊκός όπως λέμε Λίβερπουλ | date=22 September 2010 | access-date=15 September 2023 | archive-date=19 September 2023 | archive-url=https://web.archive.org/web/20230919054130/https://www.sport24.gr/football/panathinaikos-opos-leme-liverpoyl.7871121.html | url-status=live }}</ref>

The main organised supporters of Panathinaikos are known as [[Gate 13]] (established in 1966),<ref>{{cite web|url=http://www.pao.gr/en/history/events?id=280|title="Gate 13" is born|website=Pao.gr|access-date=26 October 2016|archive-date=26 October 2016|archive-url=https://web.archive.org/web/20161026233821/http://www.pao.gr/en/history/events?id=280|url-status=live}}</ref> the oldest fan association in Greece, which consists of around 80 clubs alongside Greece and Cyprus.<ref>{{cite web|url=http://gate13.gr/?page_id=235|title=Επαρχία – Gate 13 – 1966|website=Gate13.gr|access-date=26 June 2015|archive-date=26 June 2015|archive-url=https://web.archive.org/web/20150626180223/http://gate13.gr/?page_id=235|url-status=live}}</ref>
Gate 13 style of supporting includes the use of green fireworks, large and small green flags, displaying of banners and especially the creation of colourful and large choreographies, noisy and constant cheering and other supporters stuff. Gate 13 has over the years become a part of the club by affecting club decisions and by following the club on all occasions.

[[File:Panathinaikos FC Gate 13 Graffiti.jpg|thumb|Gate 13 graffiti in Athens]]

They share a traditional friendship with the Hungarian club [[Ferencvárosi TC|Ferencváros]] and Ultras [[SK Rapid Wien|Rapid Wien]],<ref>{{cite web |url=http://gate13.gr/?page_id=130 |title=Brothers |website=Gate13.gr |language=el |access-date=11 December 2014 |archive-date=13 February 2021 |archive-url=https://web.archive.org/web/20210213014910/http://gate13.gr/?page_id=130 |url-status=live }}</ref> based mainly on the common green and white colours. Moreover, they have been sharing since the early 10s' close relations with [[GNK Dinamo Zagreb|Dinamo Zagreb]]'s [[Bad Blue Boys]]<ref>{{cite web|url=https://www.index.hr/sport/clanak/zajec-drazen-i-borba-da-se-nogomet-vrati-navijacima-sto-veze-boyse-i-gate-13/2022197.aspx|title=Zajec, Dražen i borba da se nogomet vrati navijačima: Što veže Boyse i Gate 13 (Croatian)|website=Index.hr|access-date=16 January 2019|archive-date=19 January 2019|archive-url=https://web.archive.org/web/20190119121345/https://www.index.hr/sport/clanak/zajec-drazen-i-borba-da-se-nogomet-vrati-navijacima-sto-veze-boyse-i-gate-13/2022197.aspx|url-status=live}}</ref> (based on their common rivalry with Red Star and Olympiacos fans, capital city teams and mutual respect for each other's ultras achievements) and also with Fedayin of [[A.S. Roma]] based on the capital city team factor, their mutual respect and the ancient Athens and ancient Roma cultural connection.<ref name=AF>{{cite news|title=Allarme derby, infiltrati tra i tifosi ci sono anche gli ultrà greci|url=http://www.ilmessaggero.it/roma/cronaca/allarme_derby_infiltrati_tra_i_tifosi_ci_sono_anche_gli_ultr_greci/notizie/231008.shtml|author=Enrico Gregori|magazine=[[Il Messaggero]]|date=11 November 2012|access-date=16 February 2013|archive-date=13 November 2013|archive-url=https://web.archive.org/web/20131113050802/http://www.ilmessaggero.it/roma/cronaca/allarme_derby_infiltrati_tra_i_tifosi_ci_sono_anche_gli_ultr_greci/notizie/231008.shtml|url-status=dead}}</ref><ref>{{cite web|url=http://www.leoforos.gr/football/story/87154/symparastasi-stoys-ultras-tis-roma-pic|title=Συμπαράσταση στους Ultras της Ρομα! (pic)|first=Θοδωρής|last=Σιούτας|date=27 September 2015|website=Leoforos|access-date=18 November 2017|archive-date=29 May 2017|archive-url=https://web.archive.org/web/20170529153738/http://www.leoforos.gr/football/story/87154/symparastasi-stoys-ultras-tis-roma-pic|url-status=dead}}</ref>

PALEFIP (Panhellenic club of Panathinaikos friends) is another supporters organisation.<ref>{{cite web|url=http://www.palefip.gr/|title=ΠΑ.ΛΕ.ΦΙ.Π.|website=Palefip.gr|access-date=18 November 2017|archive-url=https://web.archive.org/web/20171119213752/http://www.palefip.gr/|archive-date=19 November 2017|url-status=dead}}</ref>

Panathenaic Alliance, a collective organisation of the fan base, is the major shareholder of the football club, making it currently the only [[List of fan-owned sports teams|supporter-owned]] football club in Greece. The members of the Alliance, through elections, compose the board of directors and elect the club's president.

[[Panathinaikos Movement]], founded in 2012, is also a Greek political party founded by people with an initial common their love for the sports club of Panathinaikos and the wish for a new stadium for the football team, despite the bureaucracy of the Greek state.

==Statistics and records==
[[File:Mimis Domazos Panathinaikos.jpg|thumb|140px|[[Mimis Domazos]], nicknamed ''the General''. A tireless [[Midfielder|central midfielder]] and the emblematic captain of Panathinaikos]]
[[File:Antonis Antoniadis Panathinaikos.jpg|thumb|120px|[[Antonis Antoniadis]], [[List of European Cup and UEFA Champions League top scorers|top scorer]] in the [[1970–71 European Cup]] and a record five times [[List of top goalscorers in Super League Greece by season|top scorer]] for the Greek league]]
[[File:Takis Ikonomopoulos Panathinaikos.jpg|thumb|120px|[[Takis Ikonomopoulos]]]]

[[Mimis Domazos]] holds the record for Panathinaikos appearances, having played 502 first-team matches between 1959 and 1980.<ref>{{cite web |url=http://www.sport-fm.gr/article/213734 |script-title=el:Ο "στρατηγός" του Παναθηναϊκού και της Εθνικής |website=Sport-fm.gr |language=el |access-date=19 June 2011 |archive-date=2 April 2019 |archive-url=https://web.archive.org/web/20190402072729/http://www.sport-fm.gr/article/213734 |url-status=live }}</ref> Striker Krzysztof Warzycha comes second, having played 390 times.<ref>{{cite web |url=http://www.express.gr/news/sports/341959oz_20100826341959.php3| archive-url=https://web.archive.org/web/20120322022931/http://www.express.gr/news/sports/341959oz_20100826341959.php3
 | archive-date=22 March 2012 |script-title=el:Οι κορυφαίοι σε συμμετοχές |website=Express.gr |language=el }}</ref> The record for a goalkeeper is held by [[Takis Ikonomopoulos]], with 303 appearances.<ref>{{cite web|url=http://www.sentragoal.gr/general.asp?catid=10534&subid=20110&pubid=455172 |script-title=el:Συμμετοχές |website=Sentragoal.gr |language=el |url-status=dead |archive-url=https://web.archive.org/web/20110728044720/http://www.sentragoal.gr/general.asp?catid=10534&subid=20110&pubid=455172 |archive-date=28 July 2011 }}</ref>

[[Krzysztof Warzycha]] is the club's top goalscorer with 319 goals in all competitions between 1989 and 2004,<ref>{{cite web |url=http://www.contra.gr/Soccer/Hellas/Superleague/Panathinaikos/257577.html| archive-url=https://web.archive.org/web/20100908155309/https://www.contra.gr/soccer/hellas/superleague/panathinaikos/257577.html| archive-date=8 September 2010 |script-title=el:Βαζέχα: η πράσινη σημαία |website=Contra.gr |language=el }}</ref> having surpassed [[Antonis Antoniadis]]' total of 180 in January 1998.<ref>{{cite web |url=http://www.sday.gr/page.ashx?pid=2&aid=53139&catid=142 |script-title=el:Τα ρεκόρ του Βαζέχα |website=Sday.gr |language=el |url-status=dead |archive-url=https://web.archive.org/web/20110522045048/http://www.sday.gr/page.ashx?pid=2&aid=53139&catid=142 |archive-date=22 May 2011 }}</ref>

Panathinaikos record home attendance is 74,493, for a Greek League match against [[AEK Athens F.C.|AEK Athens]] in 1986 at the Olympic Stadium.<ref>{{cite web |url=http://www.leoforos.gr/article/4621/opou-kai-paizeis-mazi-sou-pao| archive-url=https://web.archive.org/web/20130714130659/https://www.leoforos.gr/article/4621/opou-kai-paizeis-mazi-sou-pao| archive-date=14 July 2013 |script-title=el:Όπου και αν παίζεις μαζί σου ΠΑΟ|website=Leoforos.gr |language=el }}</ref> The record attendance for a Panathinaikos match at the Leoforos Alexandras Stadium is from 1967, when 29,665 spectators watched the Cup Winners' Cup game between Panathinaikos and [[FC Bayern Munich|Bayern Munich]].<ref>{{cite web |url=http://www.leoforos.gr/facility/128/gepedo-leophorou-alexandras| archive-url=https://web.archive.org/web/20131227114856/http://www.leoforos.gr/facility/128/gepedo-leophorou-alexandras| archive-date=27 December 2013 |script-title=el:Γήπεδο Λεωφόρου Αλεξάνδρας|website=Leoforos.gr |language=el }}</ref>

Panathinaikos is one of the two clubs in the history of Greek football to finish a [[Super League Greece|top-flight]] (after 1959) campaign unbeaten. This happened in the [[1963–64 Alpha Ethniki|1963–64]] season.<ref>{{cite web |url=http://www.pao.gr/el/history/bydecade/?itemid=2444d57d-fe3d-4aea-b910-1ece161856d2| archive-url=https://web.archive.org/web/20151222155324/http://www.pao.gr/el/history/bydecade/?itemid=2444d57d-fe3d-4aea-b910-1ece161856d2
 | archive-date=22 December 2015 |script-title=el:Τα χρόνια της "πράσινης" υπεροχής 1960–1970|website=Pao.gr|language=el | title=Untitled Page }}</ref>

{| class="wikitable sortable" cellpadding="12"
|-
| valign=bottom |
'''League top scorers'''
{| class="wikitable sortable"
|-
! Player
! Nationality
! Goals
|-
||[[Krzysztof Warzycha]]||{{flagicon|POL}} ||244
|-
||[[Antonis Antoniadis]]|| rowspan="4" |{{flagicon|GRE}}||180
|-
||[[Mimis Domazos]]||134
|-
||[[Dimitris Saravakos]]||128
|-
||[[Kostas Eleftherakis]]||85
|-
|}
| valign=top |

'''Most league appearances'''
{| class="wikitable sortable"
|-
! Player
! Nationality
! Matches
|-
||[[Mimis Domazos]]||{{flagicon|GRE}}||510
|-
||[[Krzysztof Warzycha]]||{{flagicon|POL}} ||390
|-
||[[Kostas Antoniou]]|| rowspan="3" |{{flagicon|GRE}} ||320
|-
||[[Anthimos Kapsis]]||319
|-
||[[Frangiskos Sourpis]]||311
|}
|}

'''One-Club players'''

{| class="wikitable sortable" style="text-align:center;margin-left:1em"
|-
! Player
! Nationality
! Position
! Debut
! Last match
|-
| style="text-align:left;"|Vangelis Panakis|| rowspan="5" |{{flagicon|GRE}}||[[Forward (association football)|FW]]||1950||1965
|-
| style="text-align:left;"|[[Anthimos Kapsis]]||[[Defender (association football)|DF]]||1969||1984
|-
| style="text-align:left;"|[[Giannis Goumas]]||[[Defender (association football)|DF]]||1994||2009
|-
| style="text-align:left;"|Giannis Papantoniou||[[Midfielder|MF]]||1945||1958
|-
| style="text-align:left;"|[[Frangiskos Sourpis]]||[[Defender (association football)|DF]]||1962||1973
|}

=== Super League top scorers ===
{| class="wikitable sortable" style="text-align:center;margin-left:1em"
! {{Tooltip|Rank.|Ranking}}
! Nationality
! Player
! Times
! Seasons
|-
| 1||{{flagicon|GRE}}||[[Antonis Antoniadis]]||align="center" 1|5 (Greek record)||1970, 1972, 1973, 1974, 1975
|-
| 2||{{flagicon|POL}}||[[Krzysztof Warzycha]]||align="center" 1|3||1994, 1995, 1998
|-
| 3||{{flagicon|FRA}}||[[Djibril Cissé]]||align="center" 1|2||2010, 2011
|-
| 4|| rowspan="5" |{{flagicon|GRE}}||[[Dimitris Saravakos]]|| rowspan="6" align="center" 1 |1||1991
|-
| 5||[[Nikos Liberopoulos]]||2003
|-
| 6||[[Angelos Messaris]]||1930
|-
| 7||Filippos Asimakopoulos||1955
|-
| 8||Tasos Kritikos||1936
|-
| 9||{{flagicon|SWE}}||[[Marcus Berg]]||2017
|-
|}

=== Most goals in a season ===
{| class="wikitable sortable" style="text-align:center;margin-left:1em"
! {{Tooltip|Rank.|Ranking}}
! Nationality
! Player
! Goals
! Season
|-
| 1||{{flagicon|GRE}}||[[Antonis Antoniadis]]||align="center" 1|39 goals (Greek record)||1971–72 (also second -less one goal- in Europe, "Silver Boot")
|}

=== Top scorers in European competitions ===
'''Uefa Champions League'''
{| class="wikitable sortable" style="text-align:center;margin-left:1em"
! {{Tooltip|Rank.|Ranking}}
! Nationality
! Player
! Times
! Seasons
|-
| 1||{{flagicon|GRE}}||[[Antonis Antoniadis]]||align="center" 1|1||1970–71
|-
|}
'''UEFA Cup'''
{| class="wikitable sortable" style="text-align:center;margin-left:1em"
! {{Tooltip|Rank.|Ranking}}
! Nationality
! Player
! Times
! Seasons
|-
| 1||{{flagicon|GRE}}||[[Dimitris Saravakos]]||align="center" 1|1||1987–88
|-
|}

=== Domestic team's records ===

{| class="wikitable sortable" style="text-align: center; font-size:100%"
!width="250"| Outline
!width="250"| Record
|-
| align="left"| Champions without a loss
| '''2''' ([[1929-30 Panhellenic Championship|1929–30]], [[1952-53 Panhellenic Championship|1952–53]])
|-|-
| align="left"| [[The Invincibles (football)|Champions without a loss]] in a [[Super League Greece|top-flight]] campaign (after 1959)
| '''once''' ([[1963–64 Alpha Ethniki|1963–64]])
|-
| align="left"| Biggest win in a [[Greek Super Cup]] match
| '''3–0''' (vs [[AEK Athens F.C.|AEK]], 1994)
|}

==Honours==
{| class="wikitable sortable plainrowheaders" style="font-size:95%; text-align:center;"
|+Panathinaikos F.C. honours
!style="width: 10%;"|Type
!style="width: 10%;"|Competition
!style="width: 5%;"|Titles
!style="width: 30%;"|Seasons
|-
| rowspan="3" |'''Domestic'''
! scope=col|[[Super League Greece]]
|'''20'''
|
[[1929–30 Panhellenic Championship|1929–30]], 
[[1948–49 Panhellenic Championship|1948–49]], 
[[1952–53 Panhellenic Championship|1952–53]], 
[[1959–60 Alpha Ethniki|1959–60]], [[1960–61 Alpha Ethniki|1960–61]], [[1961–62 Alpha Ethniki|1961–62]], [[1963–64 Alpha Ethniki|1963–64]], [[1964–65 Alpha Ethniki|1964–65]], [[1968–69 Alpha Ethniki|1968–69]], [[1969–70 Alpha Ethniki|1969–70]], [[1971–72 Alpha Ethniki|1971–72]], [[1976–77 Alpha Ethniki|1976–77]], [[1983–84 Alpha Ethniki|1983–84]], [[1985–86 Alpha Ethniki|1985–86]], [[1989–90 Alpha Ethniki|1989–90]], [[1990–91 Alpha Ethniki|1990–91]], [[1994–95 Alpha Ethniki|1994–95]], [[1995–96 Alpha Ethniki|1995–96]], [[2003–04 Alpha Ethniki|2003–04]], [[2009–10 Super League Greece|2009–10]]
|-
! scope="col" |[[Greek Football Cup]]
|'''20'''
|
[[1939–40 Greek Football Cup|1939–40]], [[1947–48 Greek Football Cup|1947–48]], 
[[1954–55 Greek Football Cup|1954–55]], 
[[1966–67 Greek Football Cup|1966–67]], 
[[1968–69 Greek Football Cup|1968–69]], 
[[1976–77 Greek Football Cup|1976–77]], 
[[1981–82 Greek Football Cup|1981–82]], 
[[1983–84 Greek Football Cup|1983–84]], 
[[1985–86 Greek Football Cup|1985–86]], 
[[1987–88 Greek Football Cup|1987–88]], 
[[1988–89 Greek Football Cup|1988–89]], 
[[1990–91 Greek Football Cup|1990–91]], 
[[1992–93 Greek Football Cup|1992–93]], 
[[1993–94 Greek Football Cup|1993–94]], 
[[1994–95 Greek Football Cup|1994–95]], 
[[2003–04 Greek Football Cup|2003–04]], 
[[2009–10 Greek Football Cup|2009–10]], 
[[2013–14 Greek Football Cup|2013–14]], 
[[2021–22 Greek Football Cup|2021–22]], 
[[2023–24 Greek Football Cup|2023–24]]
|-
! scope=col|[[Greek Super Cup]]
|'''3'''
|[[1988 Greek Super Cup|1988]], [[1993 Greek Super Cup|1993]], [[1994 Greek Super Cup|1994]]<ref name="sport-fm.gr2">{{Cite web |title=Σούπερ Καπ: Ένας… ξεχασμένος θεσμός |url=https://www.sport-fm.gr/article/podosfairo/superleague1/107213 |url-status=live |archive-url=https://web.archive.org/web/20211125183313/https://www.sport-fm.gr/article/podosfairo/superleague1/107213 |archive-date=25 November 2021 |access-date=25 November 2021 |website=Sport-fm.gr}}</ref><ref name="worldfootball.net2">{{Cite web |title=Supercup - Champions |url=https://www.worldfootball.net/competition/co1428/records-winners-list/ |url-status=live |archive-url=https://web.archive.org/web/20211122100548/https://www.worldfootball.net/winner/gre-supercup/ |archive-date=22 November 2021 |access-date=25 November 2021 |website=Worldfootball.net}}</ref>
|-
|'''International'''
! scope="col" |[[Balkans Cup]]
|'''1'''
|
[[1977 Balkans Cup|1977]]
|-
|}
* {{legend|gold|record}}
* {{sup|s}} shared record

===Doubles===
*'''Winners (8):''' 1968–69, 1976–77, 1983–84, 1985–86, 1990–91, 1994–95, 2003–04, 2009–10

===Trebles===
*'''Winners (1):''' 1976–77
[[1976–77 Alpha Ethniki]], [[1976–77 Greek Football Cup]], [[1977 Balkans Cup]]

=== Regional Titles ===
* '''[[Athens Football Clubs Association|Athens FCA Championship]]'''
** '''Winners (17) (record):''' 1925, 1926, 1927, 1929, 1930, 1931, 1934, 1937, 1939, 1949, 1952, 1953, 1954, 1955, 1956, 1957, 1959

=== Minor & Unofficial Titles ===
*'''[[Hellenic Athletics Federation|SEGAS]] Championship'''
** '''Winners (4):''' [[1910–11 SEGAS Championship|1910–11]], [[1911 SEGAS Championship|1911–12]], 1920–21, 1921–22
* '''[[Greek Super Cup]]'''
** '''Winners (2):''' 1948, 1970
* '''[[Football Cup of Greater Greece|Greater Greece Cup]]'''
** '''Winners (1):''' 1970
* '''[[P.O.K.|Easter Cup]]'''
** '''Winners (4):''' 1940, 1947, 1952, 1954
* '''[[P.O.K.|Christmas Cup]]'''
** '''Winners (2):''' 1949, 1955

==International record==
{{Main|Panathinaikos F.C. in European football}}

===European competitions===

* '''[[UEFA Champions League]]'''
** Runners-up (1): [[1970-71 European Cup|1971]]
** Semi-finals (2): [[1984-85 European Cup|1985]], [[1995-96 UEFA Champions League|1996]]
** Quarter-finals (2): [[1991-92 European Cup|1992]], [[2001-02 UEFA Champions League|2002]]
* '''[[UEFA Europa League]]'''
** Quarter-finals (2): [[1987-88 UEFA Cup|1988]], [[2002-03 UEFA Cup|2003]]
* '''[[Balkans Cup]]'''
** '''Winners (1):''' [[1977 Balkans Cup|1977]]

===Worldwide competitions===

* '''[[Intercontinental Cup (1960–2004)|Intercontinental Cup]]'''
** Runners-up (1): [[1971 Intercontinental Cup|1971]]

==Players==
===Current squad===
{{updated|31 August 2025}}<ref>{{cite web|url=http://www.pao.gr/en/team/squad|title=Squad|website=Pao.gr|access-date=29 August 2017|archive-date=22 March 2016|archive-url=https://web.archive.org/web/20160322091710/http://www.pao.gr/en/team/squad|url-status=live}}</ref>
{{Fs start}}
{{Fs player|no= 2|pos=DF|nat=ITA|name=[[Davide Calabria]]}}
{{Fs player|no= 3|pos=DF|nat=GER|name=[[Philipp Max]]}}
{{Fs player|no= 4|pos=MF|nat=ESP|name=[[Pedro Chirivella]]}}
{{Fs player|no= 5|pos=DF|nat=ALG|name=[[Ahmed Touba]]}}
{{Fs player|no= 6|pos=MF|nat=GRE|name=[[Manolis Siopis]]}}
{{Fs player|no= 7|pos=FW|nat=GRE|name=[[Andrews Tetteh]]}}
{{Fs player|no= 8|pos=MF|nat=POR|name=[[Renato Sanches]]|other=on loan from [[Paris Saint-Germain F.C.|Paris Saint-Germain]]}}
{{Fs player|no= 9|pos=MF|nat=MAR|name=[[Anass Zaroury]]|other=on loan from [[RC Lens|Lens]]}}
{{Fs player|no=10|pos=MF|nat=BRA|name=[[Tetê]]}}
{{Fs player|no=11|pos=MF|nat=GRE|name=[[Anastasios Bakasetas|Tasos Bakasetas]]|other=[[Captain (association football)|captain]]}}
{{Fs player|no=14|pos=DF|nat=USA|name=[[Erik Palmer-Brown]]}}
{{Fs player|no=15|pos=DF|nat=ISL|name=[[Sverrir Ingi Ingason]]|other=[[Captain (association football)#Vice-captain|third-captain]]}}
{{Fs player|no=16|pos=MF|nat=SVN|name=[[Adam Gnezda Čerin|Adam Čerin]]}}
{{Fs player|no=17|pos=MF|nat=ARG|name=[[Daniel Mancini]]}}
{{Fs player|no=19|pos=FW|nat=POL|name=[[Karol Świderski]]}}
{{Fs player|no=20|pos=MF|nat=ARG|name=[[Vicente Taborda]]}}
{{Fs player|no=21|pos=DF|nat=CRO|name=[[Tin Jedvaj]]}}
{{Fs mid}}
{{Fs player|no=22|pos=MF|nat=GRE|name=Giorgos Kyriopoulos}}
{{Fs player|no=25|pos=DF|nat=SRB|name=[[Filip Mladenović]]}}
{{Fs player|no=26|pos=DF|nat=ALB|name=[[Elton Fikaj]]}}
{{Fs player|no=27|pos=DF|nat=GRE|name=[[Giannis Kotsiras]]}}
{{Fs player|no=28|pos=MF|nat=URU|name=[[Facundo Pellistri]]}}
{{Fs player|no=31|pos=MF|nat=SRB|name=[[Filip Đuričić |Filip Djuričić]]|other=[[Captain (association football)#Vice-captain|vice-captain]]}}
{{Fs player|no=33|pos=FW|nat=NGA|name=[[Cyriel Dessers]]}}
{{Fs player|no=39|pos=MF|nat=GRE|name=Ioannis Bokos}}
{{Fs player|no=40|pos=GK|nat=CIV|name=[[Alban Lafont]]|other=on loan from [[FC Nantes|Nantes]]}}
{{Fs player|no=44|pos=MF|nat=GRE|name=[[Georgios Nikas]]}}
{{Fs player|no=46|pos=MF|nat=GRE|name=Rushit Zeka}}
{{Fs player|no=52|pos=MF|nat=NED|name=[[Tonny Vilhena]]}}
{{Fs player|no=69|pos=GK|nat=POL|name=[[Bartłomiej Drągowski]]}}
{{Fs player|no=70|pos=GK|nat=GRE|name=[[Konstantinos Kotsaris]]}}
{{Fs player|no=72|pos=FW|nat=SRB|name=[[Miloš Pantović (footballer, born 2002)|Miloš Pantović]]}}
{{Fs player|no=77|pos=DF|nat=GRE|name=[[Giorgos Kyriakopoulos]]}}
{{Fs player|no=  |pos=MF|nat=GRE|name=Sotiris Kontouris}}
{{Fs end}}

===Youth Academy===
{{Main|Panathinaikos F.C. Academy}}

===Out on loan===
{{Fs start}}
{{Fs player|no=|pos=GK|nat=GRE|name=Georgios Karakasidis|other=at [[Iraklis F.C. (Thessaloniki)|Iraklis]] until 30 June 2026}}
{{Fs player|no=|pos=DF|nat=GRE|name=[[Athanasios Prodromitis]]|other=at [[Athens Kallithea F.C.|Kallithea]] until 30 June 2026}}
{{Fs player|no=|pos=DF|nat=GRE|name=Georgios Katris|other=at [[Levadiakos F.C.|Levadiakos]] until 30 June 2026}}
{{Fs player|no=|pos=DF|nat=GRE|name=Nikos Nikoletopoulos|other=at [[Panargiakos F.C.|Panargiakos]] until 30 June 2026}}
{{Fs player|no=|pos=MF|nat=ALB|name=[[Enis Çokaj]]|other=at [[Levadiakos F.C.|Levadiakos]] until 30 June 2026}}
{{Fs mid}}
{{Fs player|no=|pos=MF|nat=GRE|name=[[Dimitrios Limnios]]|other=at [[Fortuna Sittard]] until 30 June 2026}}
{{Fs player|no=|pos=MF|nat=GRE|name=Odysseas Lazaris|other=at [[Marko 1927 F.C.|Marko]] until 30 June 2026}}
{{Fs player|no=|pos=MF|nat=GRE|name=Markos Spatharis|other=at [[FK Sarajevo B|Sarajevo B]] until 30 June 2026}}
{{Fs player|no=|pos=MF|nat=GRE|name=[[Christos Kryparakos]]|other=at [[PAS Giannina F.C.|PAS Giannina]] until 30 June 2026}}
{{Fs end}}

=== Other players under contract ===
{{Fs start}}
{{Fs player|no=34|pos=MF|nat=POR|name=[[Miguel Tavares (footballer, born 1999)|Miguel Tavares]]}}
{{Fs end}}

=== Retired numbers ===
{{Main|Retired numbers in association football}}

* '''13'''  [[Gate 13]] - Dedicated to the fans
* '''32'''  {{flagicon|ENG}}{{flagicon|GRE}} [[George Baldock]], [[Defender (association football) |Defender]] (2024) – posthumous honour

== Former players ==
{{see also|List of Panathinaikos F.C. players}}

==Contribution to the Greece national team==
[[File:Giorgos Kalafatis greek national team 1919.jpg|thumb|110px|Kalafatis with the [[Greece national football team|national colours]] (1919)]]

Overall, Panathinaikos has a significant contribution to the [[Greece national football team]]. [[Giorgos Kalafatis]], the founder of Panathinaikos, was the member of the Greece national team that participated in the [[Inter-Allied Games]] in Paris, while later he was also a player/manager for Greece in the [[Football at the 1920 Summer Olympics|1920 Olympic Games]] in Antwerp. During the next decades, Panathinaikos highlighted some of the best Greek players in the history of Greek football, who contributed also to the national team ([[Antonis Migiakis|Migiakis]], [[Kostas Linoxilakis|Linoxilakis]], [[Takis Loukanidis|Loukanidis]], [[Mimis Domazos|Domazos]], [[Antonis Antoniadis|Antoniadis]], [[Anthimos Kapsis|Kapsis]], [[Takis Ikonomopoulos|Ikonomopoulos]], [[Dimitris Saravakos|Saravakos]] etc.). Six Panathinaikos players were members of the first appearance of the national team in a [[FIFA World Cup|World Cup]] in 1994 ([[Dimitris Saravakos|Saravakos]], [[Thanasis Kolitsidakis|Kolitsidakis]], [[Stratos Apostolakis|Apostolakis]], [[Ioannis Kalitzakis|Kalitzakis]], [[Nikos Nioplias|Nioplias]], [[Spiros Marangos|Marangos]]).

Six players of the club were part of the golden team of 2004 that won the [[UEFA Euro 2004]] ([[UEFA Euro 2004 squads#Group A|UEFA Euro 2004]]): [[Giourkas Seitaridis]], [[Angelos Basinas]], [[Giannis Goumas]], [[Dimitrios Papadopoulos (footballer, born 1981)|Dimitrios Papadopoulos]], [[Kostas Chalkias]], [[Antonis Nikopolidis]].

==Personnel==
===Technical staff===
{{See also|List of Panathinaikos F.C. managers}}
{{Fb cs header}}
{{Fb cs staff |bg= |p=Head coach             |s= {{flagicon|ESP}} [[Rafael Benítez]]}}
{{Fb cs staff |bg= |p=Assistant coach        |s= {{flagicon|ESP}} [[Antonio Gómez (footballer, born 1973)|Antonio Gómez]]}}
{{Fb cs staff |bg= |p=Fitness coach          |s= {{flagicon|ESP}} Paco De Miguel Moreno}}
{{Fb cs staff |bg= |p=Goalkeeper coach       |s= {{flagicon|GRE}} Giorgos Mountakis}} <br/> {{flagicon|ESP}} [[Joaquín Valerio]]
{{Fb cs staff |bg= |p=Analysts               |s={{flagicon|ESP}} Jesus Garcia Vallejo <br/> {{flagicon|GRE}} Giannis Antonopoulos <br/> {{flagicon|GRE}} Alexandros Maniatoglou <br/> {{flagicon|GRE}} Iraklis Tsarouchis}}
{{Fb cs staff |bg= |p=Rehabilitation trainer |s= {{flagicon|GRE}} Angelos Konstantinos Kontarinis}}
|}

===Club staff===
{{Fb cs header}}
{{Fb cs staff |bg=y  |p=Technical director               |s={{flagicon|ESP}} [[Corona (footballer)|Miguel Ángel Corona]]}}
{{Fb cs staff |bg=y  |p=Sporting director                |s={{flagicon|GRE}} [[Stefanos Kotsolis]]}}
{{Fb cs staff |bg=y  |p=Football director                |s={{flagicon|POR}} {{flagicon|GRE}} [[Zeca (footballer, born 1988)|Zeca]]}}
{{Fb cs staff |bg=y  |p=Team administrative manager      |s={{flagicon|GRE}} Grigoris Papavasiliou}}
{{Fb cs staff |bg=y  |p=Medical doctor                   |s={{flagicon|GRE}} Dionysios Chissas <br/> {{flagicon|GRE}} Aristeidis Ntousias}}
{{Fb cs staff |bg=y  |p=Physiotherapist                  |s={{flagicon|GRE}} Panagiotis Petropoulos <br/> {{flagicon|GRE}} Michael Papamichail <br/> {{flagicon|GRE}} Odisseas Paya <br/> {{flagicon|GRE}} Giorgos Kalopitas <br/> {{flagicon|GRE}} Giannis Stekas <br/> {{flagicon|GRE}} Fotis Sotiriou}}
{{Fb cs staff |bg=y  |p=Εrgophysiologist-Nutritionist    |s={{flagicon|GRE}} Giorgos Papadimitriou <br/> {{flagicon|GRE}} Giannis Tsekouras}}
{{Fb cs staff |bg=y  |p=Chiropractor      |s={{flagicon|GRE}} Evangelos Dimou}}
{{Fb cs staff |bg=y  |p=Kit assistants                   |s={{flagicon|GRE}} Giannis Giannakopoulos <br/> {{flagicon|GRE}} Nektarios Diamantakos <br/> {{flagicon|GRE}} Thodoris Katsas <br/> {{flagicon|GRE}} Christos Milios}}
{{Fb cs staff |bg=y  |p=Scout                            |s={{flagicon|GRE}} Makis Livathinos <br/> {{flagicon|GRE}} Alexandros Zafiriou <br/> {{flagicon|GRE}} Kyriakos Konstantinidis <br/> {{flagicon|GRE}} [[Dimos Baxevanidis]] <br/> {{flagicon|GRE}} [[Spyros Marangos]] <br/> {{flagicon|POR}} {{flagicon|GRE}} [[Zeca (footballer, born 1988)|Zeca]]}}
|}

==Management==
{{See also|List of Panathinaikos F.C. presidents}}
{{Fb cs header}}
{{Fb cs staff |bg=y  |p=Ownership        |s={{flagicon|GRE}} [[Giannis Alafouzos]] (45%)<br />{{flagicon|GRE}}{{flagicon|CYP}} [[#Financial information|Sortivo International Ltd]] (45%)}}
{{Fb cs staff |bg= |p=President          |s={{flagicon|GRE}} [[Giannis Alafouzos]]}}
{{Fb cs staff |bg= |p=Vice-President     |s={{flagicon|GRE}} Giannis Panagiotidis  <br/> {{flagicon|GRE}} Athina Mpalomenou <br/> {{flagicon|GRE}} [[Takis Fyssas]]}}
{{Fb cs staff |bg=y|p=Board member       |s={{flagicon|GRE}} Anna Loumidi  <br/> {{flagicon|GRE}} Giorgos Mathiopoulos <br/> {{flagicon|GRE}} Spyros Vlachos <br/> {{flagicon|GRE}} Dimitris Vranopoulos}}
|}

==Gallery==
<gallery class="center">

File:Stjepan Bobek.jpg|[[Stjepan Bobek]], head coach (1963–67)
File:Puskás, Bestanddeelnr 924-5181.jpg|[[Ferenc Puskás]], head coach (1970–74)
</gallery>

== See also ==
{{Portal bar|Association football|Greece}}
;Sports
* [[Panathinaikos A.O.]]
* [[Panathinaikos B]]
* [[Panathinaikos women's football]] 
* [[Panathinaikos F.C. Academy]]
* [[Panathinaikos B.C.]]
* [[Panathinaikos women's basketball]]
* [[Panathinaikos V.C.]]
* [[Panathinaikos women's volleyball]]

;Other
* [[European Club Association]]
* [[List of unrelegated association football clubs]]

==References==
{{Reflist}}

==External links==
{{commons category|Panathinaikos FC}}
'''Official websites'''
* {{Official website|http://www.pao.gr/}} {{in lang|en|el}}
* [http://www.superleaguegreece.net/en/teams/team/panathinaikos-fc-600/2018-2019-superleague-79/teaminfo Panathinaikos] at the [[Super League Greece|Super League]]. {{Webarchive|url=https://web.archive.org/web/20190320195927/http://www.superleaguegreece.net/en/teams/team/panathinaikos-fc-600/2018-2019-superleague-79/teaminfo |date=20 March 2019 }} {{in lang|en|el}}.
* [https://www.uefa.com/nationalassociations/teams/50084--panathinaikos/ Panathinaikos] at [[UEFA]]
* [https://web.archive.org/web/20170618124133/http://www.fifa.com/live-scores/clubs/club=greece-panathinaikos-31033/index.html Panathinaikos] at [[FIFA]] (archived)
'''News sites'''
* Panathinaikos on [https://newspao.gr/ newspao.gr]
* Panathinaikos on [https://panathinaikos24.gr/ panathinaikos24.gr]
* Panathinaikos on [https://www.leoforos.gr/panathinaikos/podosfairo leoforos.gr]. {{Webarchive|url=https://web.archive.org/web/20190728231745/https://www.leoforos.gr/panathinaikos/podosfairo |date=28 July 2019 }}.
* [https://web.archive.org/web/20190616051307/http://www.novasports.gr/team-page/team/16625/panathinaikos Panathinaikos news] from [[Nova Sports]]
* [https://www.flashscore.gr/team/panathinaikos/SENMmweG/ Current results of panathinaikos matches]

'''Media'''
* [https://www.youtube.com/channel/UCvDGYaeFq9sBdj0cGnZ_Uhg Official channel] on [[YouTube]]

{{Panathinaikos}}
{{Panathinaikos FC}}
{{Navboxes|title = Panathinaikos F.C. templates|titlestyle = background:#007942; color:white;
|list1=
{{Panathinaikos F.C. squad}}
{{Panathinaikos F.C. managers}}
{{Panathinaikos F.C. seasons}}
{{Panathinaikos F.C. matches}}
}}
{{Super League Greece teamlist}}
{{Football in Greece}}

{{Authority control}}

[[Category:Panathinaikos F.C.| ]]
[[Category:Association football clubs established in 1908]]
[[Category:Panathinaikos A.O.|Football]]
[[Category:Football clubs in Athens]]
[[Category:1908 establishments in Greece]]
[[Category:Unrelegated association football clubs]]