Athens - Greek champions Olympiakos Piraeus are cutting season ticket prices for the new Super League season by up to 50 percent in response to the country's deepening debt crisis, the club announced on Wednesday.
Prime Minister Alexis Tsipras has promised his government will submit "credible reform" proposals to its creditors as it seeks aid to avoid being forced out of the euro zone.
Also read: Gyan lands in China to seal Shanghai deal
"We are experiencing an unprecedented crisis and the core issue for us is to give our love back to the supporters," Olympiakos managing director Giannis Vrentzos told a news conference.
"We are following closely what's happening in Greek society and the difficulties and uncertainties that all fans are facing, and that is why we are providing unprecedented reductions of up to 50 percent."
Olympiakos said they had made more than 18,000 season tickets available for between 100-170 euros ($110.62-188.05), which is a discount of 30-50 percent from last season depending on where the seats are in the Georgios Karaiskakis stadium.
Asked how the club had been affected by the current situation, Vrentzos said: "Olympiakos is a very strong company financially but these developments certainly don't help."
"We are planning with the scenario that everything will go well in terms of our budgets. For season tickets we have gone with the negative scenario, but obviously the best thing would be to know as soon as possible what's going to happen."
($1 = 0.9040 euros)