5 Minute News

APOEL's Financial Situation and Its Debts

April 25, 2025

APOEL has delivered a check of 700,000 euros to the Tax Department to settle part of its new debts, which amount to 1.8 million euros. The administration plans to pay part of the remaining debts in the next 2-3 months. An application for reinstatement in the repayment plan has been submitted, but the Minister of Finance does not seem to agree. The goal is to ensure that the teams meet UEFA's criteria.