Sokratis Officially Joins Olympiacos On Free Transfer

Ex-Arsenal defender Sokratis Papastathopoulos has now moved to Olympiacos on a deal until the summer of 2023

The 32-year-old had been looking for a new club after his contract was terminated by Arsenal on mutual consent last week.

Now, the Greek international has returned to his homeland to sign for Olympiacos on a free transfer after ending his Arsenal contract six months early.

Sokratis signed a two-and-a-half-year contract with Olympiacos and is expected to earn €1.5million a year, plus bonuses.

Taking to social media after leaving Arsenal, he said: “One of the most enjoyable times in my career ended today.

“It has been an honour to wear the Arsenal shirt and I want to thank all the coaches, team-mates, staff and fans around the world for the love and respect they have given me.

“I gave everything for Arsenal and Arsenal also gave me a lot. “I wish you all the best health and success always. Thank you Arsenal.”

Sokratis made 69 appearances for Arsenal, helping the team reach the final of the Europa League in 2019 and win the FA Cup last summer.