dailymail.co.uk
- Greek giants Olympiacos are faced with the prospect of serious sanctions
- Reports have emerged detailing how the club may fall to Greece’s second tier
- A historic investigation into match fixing has now been reopened
- Owner Evangelos Marinakis faces a fine of over two million and a lifetime ban
- Olympiacos are still in European competition, in a two-legged tie with Wolves
Greek giants Olympiacos stand on the brink after reports emerged they that are to be relegated to the lower tiers and hit with hefty fines following historic match-fixing allegations.
According to Corriere dello sport the club are on the precipice of free-falling down the divisions to the second tier after investigations into a February 2015 fixture against Atromitos were re-opened.
The news could spell disaster for owner Evangelos Marinakis who, if held responsible, is reportedly set to be hit with a personal fine exceeding two-and-a-half million and a lifetime ban from football.

Olympiacos are reportedly facing relegation to the second tier after match-fixing allegations

Owner Evangelos Marinakis faces a fine of over two million and a lifetime ban which would seriously impact his status as the owner of English side Nottingham Forest.