Libyan Leader Interested In Taking Stake In Paok

AP

  
 
   

ATHENS, Greece (AP) The son of Libyan leader Moammar Gadhafi is talking with PAOK Thessaloniki to buy a stake in the financially troubled Greek soccer club, a team source told The Associated Press.

Al Saadi Gadhafi is talking to the club's owner, George Batatoudis, the source said Monday, speaking on condition of anonymity.

Earlier this year, the state-owned Libyan Arab Foreign Investment Co. increased its share of Italian League champion Juventus of Turin to 7.5 percent. Juventus asked Gadhafi's son in June to join the club's board of directors. That team is controlled by the Agnelli family, which controls Fiat SpA.

Facing serious financial problems, PAOK was obliged to sell some of its players in the summer transfer season that ended Monday.

PAOK finished fourth in the Greek League last season and will participate in the UEFA Cup.

In 1999, the United Nations suspended the air embargo imposed on Libya in connection with the 1988 bombing of an American airliner over Lockerbie, Scotland, that killed 270 people.

In January, a special Scottish court in the Netherlands convicted a Libyan government official in the attack. Following the trial, international sanctions against Libya were suspended.

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