Domination in the early 1980s, UEFA Cup quarter-finalists (1975–1996) Olympiacos F.C.

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oleh blokhin


olympiacos experienced darkest days late-1980s until mid- 90s. in mid- 80s, olympiacos came hands of greek businessman george koskotas accused of , convicted embezzlement, leaving olympiacos deep in debt. club went through period of administrative turbulence until 1993, when sokratis kokkalis became majority shareholder , president of club. took club s presidency, kokkalis agreed settlement pay off club s debts , started reorganising , restructuring club. on pitch, team, financial , managerial problems, lack of strong administrative leadership until kokkalis arrival, spent 9 seasons without league title, 1988 1996, despite foreign top-class players played club @ period, such lajos détári, oleh protasov, juan gilberto funes, bent christensen, hennadiy lytovchenko, yuri savichev, andrzej juskowiak, daniel batista, fabián estay , backbone of solid greek players vassilis karapialis, kiriakos karataidis, giotis tsalouchidis, nikos tsiantakis, giorgos vaitsis, minas hantzidis, theodoros pahatouridis, savvas kofidis, chris kalantzis, gιorgοs mitsibonas, ilias talikriadis, alekos rantos, panagiotis sofianopoulos, ilias savvidis , michalis vlachos. period called olympiacos stone years. nevertheless, club brought home 1990 (beating ofi crete 4–2 in final) , 1992 greek cups (beating paok 2–0 in second leg of double final in piraeus), 1992 greek super cup, beating aek 3–1 in final. in addition, team, under guidance of legendary ukrainian coach oleh blokhin, managed reach quarter-finals of 1992–93 uefa cup winners cup, eliminating arsène wenger s monaco, after hard-fought 1–0 away win in stade louis ii late goal giorgos vaitsis , goalless draw @ karaiskakis stadium in second leg. did not manage qualify semi-finals, however, eliminated atlético madrid (1–1 draw @ home, 3–1 loss in madrid).








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