Panathinaikos achieved a remarkable victory over Viktoria Plzen, clinching their spot in the Round of 16 of the Europa League following a nail-biting penalty shootout that ended 4-3, with the match tied 1-1 after regular and extra time. This thrilling win marks a significant achievement for the Greek club, showcasing their resilience and skill in a high-pressure scenario.

The draw for the Round of 16, scheduled for February 27 at 14:00 local time in Greece, will reveal Panathinaikos's next opponent, which will either be Midtjylland, who finished third in their group, or Betis, who came in fourth. This upcoming match not only highlights the club's progress in European competition but also sets the stage for an intense battle as they prepare to face either Danish or Spanish opposition in their quest for success.

The first leg of the knockout stage is set to take place in Athens on March 12, with the return fixture a week later on March 19, hosted either in Denmark or Seville. As the tournament progresses, each match provides opportunities for Panathinaikos to elevate their status in European football, with the final scheduled to be held at Besiktas Stadium in Istanbul on May 20, 2026.