PAS Giannina, a historic Greek football club, is facing critical challenges after receiving a definitive penalty of three points due to unpaid debts to former player Markos Maragoudakis, who played for the club during the 2002-03 season. This penalty comes after they began the relegation playoffs in Super League 2 with a hard-fought away win against Macedonikos. However, the club's hope of capitalizing on this victory is diminished as the points gained are effectively rendered meaningless due to the sanctions imposed.

Moreover, the situation for PAS Giannina is likely to worsen, as they may face additional point deductions due to debts owed to another player, set to compound their struggles in the league. This financial instability not only threatens their relegation playoff prospects but also highlights the broader issues many clubs in Greece face concerning financial obligations to former players.

As it stands, the current standings show PAS Giannina at ninth place with only two points, reduced by a total of six from penalties. This precarious position exposes the club to relegation, especially with Macedonikos also suffering a temporary deduction of points. The implications of these developments not only affect the team's position in the league but also raise concerns about the overall health and governance of football in Greece, particularly regarding financial compliance.