"Panathinaikos" does not extend contract with coach © EuroFootball.com

"Athens" club announced that the contract with the Spanish coach Victor Munoz will not be renewed after this season. Club owner Giannis Vardinoyannis informed the coach that they will be looking for a new strategist to help regain their former positions. "Panathinaikos" finished only in 3rd place in the Greek championship, did not qualify for the Champions League, and even fell 17 points behind their archrivals "Olympiacos." Furthermore, the "Green and Whites" lost the Greek Cup final to the modest club "Larissa." However, the club from the Greek capital will participate in the UEFA Europa League next season. The former "Zaragoza" coach took over at "Panathinaikos" last October, replacing the Swede Hans Backe. The Athens team reached the round of 16 in the UEFA Europa League tournament, where they lost to the French club "Lens." V. Munoz will hold a press conference in the coming week and publicly announce his departure."