Michalis Trochanas
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Michalis Trochanas (; 25 June 1936 – 5 March 2020) was a
Greek Greek may refer to: Anything of, from, or related to Greece, a country in Southern Europe: *Greeks, an ethnic group *Greek language, a branch of the Indo-European language family **Proto-Greek language, the assumed last common ancestor of all kno ...
businessman and the major shareholder of
AEK Athens F.C. A.E.K. Football Club (), known simply as A.E.K. (; ) in Greece and AEK Athens internationally, is a Greek professional football club based in Nea Filadelfeia, Attica, Greece. Established in Athens by Greek refugees from Constantinople in the ...
from 1995 to 1997. During his tenure, AEK won 2 Greek Cups and a
Greek Super Cup The Greek Super Cup (), formerly known as the Friendship and Solidarity Cup () is a Greek association football one-match competition, which is contested annually either between the champions of the previous Super League Greece season and the hold ...
. In 1997 he sold the shares of the club to ENIC Hellas.


Early life

Trochanas created SOE as a "model" group that raised money from tens of thousands of people to build villages in
Crete Crete ( ; , Modern Greek, Modern: , Ancient Greek, Ancient: ) is the largest and most populous of the Greek islands, the List of islands by area, 88th largest island in the world and the List of islands in the Mediterranean#By area, fifth la ...
and
Attica Attica (, ''Attikḗ'' (Ancient Greek) or , or ), or the Attic Peninsula, is a historical region that encompasses the entire Athens metropolitan area, which consists of the city of Athens, the capital city, capital of Greece and the core cit ...
. The investment would be based on the money of the small shareholders who would give their savings and at the same time they would make sure that others would sign up with a
pyramid scheme A pyramid scheme is a business model which, rather than earning money (or providing Return on investment, returns on investments) by sale of legitimate product (business), products to an end consumer, mainly earns money by recruiting new members ...
.


AEK Athens

In the summer of 1995, Trochanas acquired the majority share package of AEK Athens from
Dimitris Melissanidis Dimitris Melissanidis (; born 8 March 1951) is a Greek business shipping and oil tycoon, and one of the country's leading businessmen. Melissanidis is in the top ten rich list of Greek entrepreneurs ranking in 6th place. He is most known for his ...
and Ioannis Karras by paying approximately 1.5 billion
drachmas Drachma may refer to: * Ancient drachma, an ancient Greek currency * Modern drachma, a modern Greek currency (1833...2002) * Cretan drachma, currency of the former Cretan State * Drachma proctocomys, moth species, the only species in the Genus '' ...
. The active presence of Michalis Trochanas in the events of AEK was combined with the conquest of two consecutive Greek Cups, a Super Cup, as well as with their course to the quarter-finals of the
UEFA Cup Winners' Cup The UEFA Cup Winners' Cup was a European association football, football club competition contested annually by the winners of domestic cup competitions. The competition's official name was originally the European Cup Winners' Cup; it was renam ...
. His tenure was intense, as he was a very different type agent. In the summer of 1996 the manager of club,
Dušan Bajević Dušan "Duško" Bajević ( sr-Cyrl, Душан Бајевић, ; , ''Doúsan Báyevits''; born 10 December 1948) is a Bosnian professional football manager and former player. He is widely regarded as one of the greatest Bosnian football manager ...
left the club after 7 years and joined arch rivals
Olympiacos Olympiacós Sýndesmos Filáthlon Peiraiós (, Olympic Association of Fans of Piraeus) is a major multi-sport club based in Piraeus, Greece. Olympiacos is parent to a number of different competitive departments which participate in football, ...
. The fans even though they developed a hate reliationship with Bajević, they put the blame on Trochanas due to his bad relations with the Bosnian coach, as he used to interfere in the later's work. All three resulted in his disengagement from the management of the club. At the same time, however, he was the one who signed
Demis Nikolaidis Themistoklis "Demis" Nikolaidis (; born 17 September 1973) is a Greek former professional footballer who played as a striker. He was the forty second president of AEK Athens, and is considered one of the greatest forwards Greece has produced. I ...
from
Apollon Athens Apollon Smyrnis Football Club () is a professional football club based in Athens, Greece, which competes in the Athens FCA first division. It is part of GS Apollon Smyrnis (Γυμναστικός Σύλλογος Απόλλων Σμύρνης), ...
in 1996, despite the interest of Olympiacos. His will was such, that the then 23 year-old ace of the "Light Brigade" to fight for the team of his heart, that he left no room for improvement. The statement of Trochanas to the fans of AEK was also unforgettable. "The footballer Demis Nikolaidis from next season will not have the double-headed eagle only in his heart", with the once strong man of AEK confirming a few hours later. Of course, on the other hand, during his tenure there were also significant departures
Vasilios Tsiartas Vasileios Tsiartas (; born 12 November 1972) is a Greek former professional footballer who played as an attacking midfielder. He is considered by many to be the greatest modern “10” in Greek history. He was an integral part of Greece's Eur ...
and
Refik Šabanadžović Refik Šabanadžović (born 2 August 1965) is a former Yugoslav professional footballer who played as a midfielder and defender. Born in Montenegro, at the time part of SFR Yugoslavia, Šabanadžović played internationally for Yugoslavia and ...
moved to
Sevilla Seville ( ; , ) is the capital and largest city of the Spanish autonomous community of Andalusia and the province of Seville. It is situated on the lower reaches of the River Guadalquivir, in the southwest of the Iberian Peninsula. Seville ...
and Olympiacos respectively in the summer of 1996, with
Temur Ketsbaia Temur Ketsbaia ( ka, თემურ ქეცბაია; born 18 March 1968) is a Georgian professional football manager and former player. He most recently managed the Cyprus national team from June 2022 to September 2024. Club career Kets ...
and Vasilios Borbokis leaving for England a year later. Trochanas' feud with the ultras continued, with the Greek businessman being forced to initiate the sale of club. He then assigned the presidency to the lawyer,
Alexis Kougias Alexios Kougias (; 23 January 1951 – 28 February 2025) was a Greek lawyer, Penology, penologist. Early life Kougias was born in Petroupolis on 23 January 1951. He studied law at the University of Thessaloniki and at the University of Athe ...
. A move that infuriated the ultras even more, who expressed their indignation and their demand for Trochanas' departure in the first training session of the season. In October, he eventually transferred his shares to Enic, for 2.4 billion drachmas, leaving the club. Trochanas never renounced publicity and had many interventions and groundbreaking proposals. His interest for the course AEK remained unchanged. A course that led the club to financial and competitive disaster, which the former major shareholder of the club tried to prevent. On 29 January 2012, he met with some of the most prominent people of AEK. The "Themelio 21" project, despite its recommendation, did not proceed.


Aris

In 1997 Trochanas was involved with the management of
Aris Aris or ARIS may refer to: People * Aris (surname) Given name * Aris Alexandrou, Greek writer * Aris Brimanis, ice hockey player * Aris Christofellis, Greek male soprano * Aris Gavelas, Greek sprinter * Aris Konstantinidis, Greek architect * ...
, participating in their administrative effort to recover it, through a vision of a " popular base" association. So at that time, the idea of a popular base club was "born", with the renowned "20,000-drachma fee". Money that the ordinary fan would give in the prospect of strengthening the club and acquiring shares of a corresponding value over time. Thousands of people contributed, seeing that the vision was popular and the team was in need for financial support to avoid relegation to the second division. The money that were collected proved to be more than useful and gave the necessary boost to the team, which was fighting for promotion. Trochanas did not become the owner, he did not stay long in the club, but he left a legacy, which was never forgotten.


Death

Trochanas suffered from health problems and died on 5 March 2020 at the age of 83 in his house at
Rafina Rafina () is a suburban port town located on the eastern coast of Attica in Greece. It has a population of 14,620 inhabitants (2021 census). Since the 2011 local government reform it is part of the municipality Rafina-Pikermi, of which it is the ...
. His funeral took place 4 days later. He was buried with the flag of AEK Athens, as was one of his last wishes.


References

{{DEFAULTSORT:Trochanas, Michalis 1936 births 2020 deaths People from Pyrgos, Elis Greek football chairmen and investors AEK (sports club) AEK Athens F.C. AEK Athens F.C. chairmen