The professional basketball team Panathinaikos AO (PAO) has issued legal notices to several key government bodies including the Technical Chamber of Greece, the Ministry of Finance, the Ministry of Education, and the Peace and Friendship Stadium (SEF). These legal notices demand an investigation into potential legal irregularities concerning a proposed funding initiative amounting to 25 million euros for upgrading the SEF. PAO's concern centers on the source of public funding being allocated for private company projects without clarity or accountability on its origins.

According to PAO, public funds are being directed to a private entity, raising questions about transparency in the financial approval process. The notices highlight the urgency for accountability regarding where the budgetary allocations are sourced from and whether they comply with legal standards. The contract between the Technical Chamber of Greece and SEF has already received approval from the Court of Audit, but PAO insists that this does not mitigate the necessity for a thorough investigation regarding the public expenditure involved.

This move from PAO represents a significant stand on financial governance and accountability, particularly in Greece's public sector funding mechanisms. It places pressure on governmental bodies to clarify their financial decisions and may lead to broader discussions on the intersection of public money and private enterprise in sports infrastructure projects, echoing concerns about financial propriety in public-private partnerships.