Prime News Ghana

Panathinaikos pay €53k to Michael Essien to avoid relegation

By Mutala Yakubu
 Micheal Essien
Micheal Essien
Shares
facebook sharing button Share
twitter sharing button Tweet
email sharing button Email
sharethis sharing button Share

Greece Super League side, Panathinaikos, has paid 53,000 euros to former Ghanaian International footballer, Michael Essien, as debts they owe him.

Panathinaikos were deducted three points by FIFA on Tuesday, May 8, 2018, for failure to meet the deadline for the payment.

The club, however, had three working days to redeem themselves and restore the points which will help them avoid relegation.

But on Thursday May 10, 2018, Panathinaikos successfully made a face-saving move by paying Michael Essien an average amount of 53,000 euros, according to Greek media.

Michael Essien playing for Panathinaikos in 2016

In May 2017, Panathinaikos were ordered to pay Essien a sum of €418,975 as compensation to bring an end to the litigation between the two sides after the latter took them on for wrongful termination of his contract in September 2016. The club has since been paying the fee in installments.

Read also:Essien meant more than a player to me -Jose Mourinho

In June 2, 2015, Michael Essien signed a two-year-contract with the club but had his contract terminated by the club in 2017.

Panathinaikos will thus finish the 2017/18 edition of the 16-team Greek Soccer league at 11th position with 32 points, with just three above the drop zone.
Â