Savvas Liasis’s investment group has publicly commented on the ongoing discussions with APOEL, noting that from the very beginning, the decision was made to maintain a low public profile due to the complexity of the process and out of respect for all parties involved.

The statement emphasizes that the goal remains to reach a sustainable agreement that will serve APOEL’s long-term interests, in full compliance with legal, financial, and regulatory requirements. At the same time, it is noted that negotiations are continuing with all relevant parties.

The investment group further clarifies that the length of the process is not due to a lack of interest, but to the complexity of the undertaking, while emphasizing that it will issue a new public announcement when there are substantial developments.

The full statement reads:

“From the very beginning and throughout the discussions with APOEL FOOTBALL (PUBLIC) LTD, the APOEL Club, and the other parties involved in the process, we have consciously chosen to maintain a low public profile.

The particular complexity of the proposed transaction, as well as the respect we have for all parties involved and the institutional procedures, led us to this decision. At the same time, we recognize the reasonable need of the APOEL community for responsible and reliable information.

We sought to explore whether a viable agreement could be reached that would allow for the smooth and, to the extent possible, swift transition of the soccer division to a new operational and corporate structure. The financial and operational pressures the company currently faces are fully understood, and time is of the essence. Equally important, however, is that any solution be legally, financially, and regulatory sound and sustainable in the long term.

This process is a particularly demanding undertaking, involving a series of interrelated legal, financial, regulatory, and operational issues, as well as decisions and actions by more than one stakeholder. For this reason, its completion requires the alignment of all necessary parameters and the fulfillment of the relevant conditions.

As an investment group, we continue to work constructively with the Association, the company, the consultants, and the relevant institutional and regulatory bodies in order to evaluate and, where feasible, agree on a structure that serves APOEL’s long-term interests while also meeting the investment group’s institutional and investment obligations.

The length of the process to date is not due to a lack of interest or inaction on the part of the investment group. On the contrary, significant effort has been made, and substantial administrative, financial, and professional resources have been allocated to evaluate and develop a viable solution. However, progress inevitably depends on resolving issues and completing actions involving all parties concerned.

ECM strictly adheres to institutional, regulatory, and investment procedures in every transaction it reviews. Therefore, news reports or statements not based on official information from the parties involved should be treated with appropriate caution.

We express our appreciation to the Association, the company, the institutional bodies, and all the professionals involved in the process for their cooperation to date. We believe that continuing the dialogue with seriousness, discretion, and good faith provides the best foundation for evaluating the available options.

Whenever specific and substantive information warrants further public disclosure, we will address it responsibly. At this stage, what can be said is that the situation requires timely decisions, but also careful handling. As an investment entity, we remain committed to finding a solution that is feasible, sustainable, and worthy of APOEL’s history and future prospects.”