PAOK approves €12M capital increase for the club’s basketball company

Andrea Trinchieri
Andrea Trinchieri Acqua S.Bernardo Cantù - UNA Hotels Reggio Emilia Legabasket Serie A Unipol 2025/2026 2a giornata Desio, 12/10/2025 Foto Susanna Arioli / Ciamillo-Castoria

Board assembly greenlights the move, seen as a statement of ambition under Mistakidis’ leadership

PAOK BC (KAE) has approved a €12 million capital increase, as voted by the club’s general assembly.

The decision is framed as a clear signal of the plans and ambitions of the administration led by Aristotelis Mistakidis for the next phase of the Thessaloniki side.

The same long-term vision also includes the deal with Andrea Trinchieri through summer 2029: the Italian coach is set to take over in the summer, while Pantelis Boutskos will remain in charge until then.

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