The Decline of a Giant

Panathinaikos has been, and continues to be, in an utter free fall. The last league title that the historic club has won is now a distant 10 years ago, Olympiacos wins the domestic trophies at will and has now firmly supplanted Panathinaikos as Greece’s representative club in European competition. It’s been a slow, grueling death for the club that was known as the pride of Greece which brought clubs like Inter Milan, Juventus, and other behemoths to their knees.

What has happened to Panathinaikos is sadly endemic to Greece whereby much like the country with clueless, or worse, corrupt politicians, board of directors and managers passed through the club who had no business owning the Panathinaikos or governing the day to day operations.

It’s been painful to watch one of Greece’s great brands accept mediocrity and then slip so far that mediocrity becomes the goal. It reminds me a lot of Olympic Airlines where it was once the pride of Greece under the ownership of Aristotle Onassis and then, when turned over to the Greek state, and like most things turned over to the Greek state, it went bust.

Panathinaikos had one of the wealthiest families in Greece as guarantors of the club and they got run out by a mass movement of disgruntled, hardcore, fans who didn’t realize how good they had it. What they traded European glory for is a hapless businessman who bankrupts everything he touches and was famously not trusted by his own father to continue his legacy and advance the business interests of the family. In the end, we get the leaders we deserve and that same gentleman to a large degree dictates political opinion in the country and has one of its famous brands staring down the barrel of ruin.

In the reset of Greece post-COVID-19 let’s resolve to having competence trump nepotism. Free Panathinaikos!


Everything was reminiscent, with minor differences, of one of Ecumenical Patriarch Bartholomew's visits to America.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.


Mission…to Alonnisos, a TNH Documentary

O oceanic you sing and sail White on your body and yellow on your chimeneas For you're tired of the filthy waters of the harbors You who loved the distant Sporades You who lifted the tallest flags You who sail clear through the most dangerous caves Hail to you who let yourself be charmed by the sirens Hail to you for never having been afraid of the Symplegades (Andreas Empeirikos)   What traveler has not been fascinated by the Greek islands, drawn by the Sirens’ song of a traveler’s dreams? TNH and our video show ‘Mission’ marked the change of the season by transporting viewers into the heart of summer.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.