Please also see my All-Time World Cup Team Index . The rest of Southeast Euorpe(Greece, Turkey and Albania) Greece All-Time Team Olympiacos AEK Athens PAOK This is my selection of a 25 member all-time team for Panathinaikos F.C. (Παναθηναϊκός Αθλητικός Όμιλος. The number 25 was chosen because it is the official squad size for the Champions' League. Created in 1908 as "Podosfairikos Omilos Athinon" (Football Club of Athens) by Georgios Kalafatis,[2][3] they play in the Super League Greece, being one of the most successful clubs in Greek football and one of three clubs which have never been relegated from the top division. Panathinaikos is the most successful Greek club in terms of achievements in the European competitions. It is the only Greek team that has reached the European Cup (later renamed UEFA Champions League) final in 1971 (which they lost to Ajax Amsterdam 2–0), and also the semi-finals twice, in 1985 and 1996. It is also the only Greek team that has played f...