Real Madrid entered the series with home-court advantage, and Olympiacos couldn't overturn the situation, losing the series 3–2 to the Spanish champions, after five intense games, and missing the chance to defend their back-to-back European crown. In both seasons, the team was eliminated in the Greek Cup and finished in the 8th place of the Greek League. Our partners: 777Spinslot casino was created with the intention of providing superior gameplay, customer experience, and it presents a vast majority of no deposit slots from the best providers of the industry. The club came closer than any team to knocking off the eventual champions FC Barcelona in two heartbreaking games in the EuroLeague Top 16 groups (55–58, 77–80) and proved, despite the fact that they were not at their best during the early 2000s, that they were able to beat any team at any time. In the opening game of the Top 16, Olympiacos got a 70–84 defeat in Athens, against Fenerbahçe Ülker, but one month later, Olympiacos defeated the Turkish champions with a 65–80 win in Istanbul, and took the first place of the Top 16 Group H. In the quarter-finals, Olympiacos faced Montepaschi Siena. In the Greek League regular season the team had a record of 22 wins and 4 defeats, and had the second most prolific offensive team in the league. [54], The club's former coach, Ioannis Sfairopoulos, stated that Olympiacos chose the extreme way to change a situation that existed for years, something they tried to do in various ways in the past but nothing worked,[55] and that they have to change the status in Greek basketball. It was the season that the ongoing feud between Olympiacos and Panathinaikos peaked, following Olympiacos decisions after their long-lasting protests for the relationship of the Hellenic Basketball Federation with Panathinaikos, the officiating in the games between the two arch-rivals and the exclusion of EuroLeague referees from national competitions. [25] In the following day, Olympiacos announced that they would not play again any league or cup game against Panathinaikos, unless it was officiated exclusively by foreign referees, as well as any national competition game against any opponent, if any of the forementioned Cup semifinal's referees (Anastopoulos, Manos and Panagiotou) was set to officiate; furthermore, Giannakopoulos was not anymore allowed to enter the Peace and Friendship Stadium under any capacity he might be using, also asking from the authorities to investigate the extremely low betting odds for Panathinaikos to win the Cup semifinal, after the referees' names were announced. Finally Olympiacos won their first Greek Championship since 1978, defeating in the semi-finals with 3–1 wins a totally disappointed PAOK by the failure at the Final Four in Athens, and then Panathinaikos in the finals with 3–1 wins as well, even though both of Olympiacos' opponents had the home-court advantage. In the final, they played against FC Barcelona Banca Catalana, and after an impressive display, they won by a score of 73–58, and became European Champions for the first time in their history. I feel lucky, proud and happy. The 2003–04 and 2004–05 seasons were the worst in the modern history of Olympiacos. After that, Olympiacos won 78-71 vs Panathinaikos, 85-75 against Olimpia Milano, and 85-82 vs Maccabi Tel Aviv. [53] Later, the Hellenic Basketball Clubs Association officially announced the relegation of Olympiacos to the Greek A2 Basket League, due to the non-participation in a league playoffs game; Olympiacos were eliminated for the rest of the playoffs and were also placed at the bottom of the final standings, with all their results voided and non-replaceable. Basketball is an exciting, fast moving game. It was in the 1990s that the Reds made their biggest mark. In the 1999–2000 season, Olympiacos didn't make the EuroLeague playoffs, as they were eliminated in the round of 16 by Union Olimpija. The game was played under zone-friendly European rules (the games between NBA and FIBA teams were played under a mixture of NBA and FIBA rules at that time), but, out of respect for the Bulls, Olympiacos never used a zone defense. They lost the second match in Thessaloniki, and the last game was held again in Athens. In the quarter-final playoffs, the faced the Polish champions Asseco Prokom and eliminated them with 3–1 wins, reaching for the second consecutive season the EuroLeague Final Four which was held in Paris. In the quarter-finals of the playoffs, Olympiacos swept AEK Athens in a best-of-three series and in the semi-finals they beat Maroussi in a best-of-five series, 3–2. In July 2010, Olympiacos offered a three-year contract worth €13,200,000 euros gross income to the famous Greek guard Vassilis Spanoulis, and came to an agreement with the player. But they finished second in one of the best final series ever played in the Greek League. The arena opened in 1985, and Olympiacos has been using it since 1991. In 1979 the club also had their first significant success in Europe, reaching the final round (Final-6) of the European Championship. I have lived here in the past, but the fact that I'm coming to Greece now to become a member of such a special and historical program, like the one of Olympiacos, makes this day for me special. Acie Law scored 20 points with 5 assists, and Kyle Hines added 12 points with 3 blocks, one of which was a spectacular chase-down block on a fast break layup attempt by Nikola Mirotić. [70], Vatican's Giuseppe Sciacca World Athlete Award. In the Final Four, Olympiacos managed to put forth two outstanding basketball displays. 22.03.21 Olympiacos Piraeus BC – BC Aris Thessaloniki – 97:67 18.03.21 ALBA Berlin – Olympiacos Piraeus BC – 80:84 12.03.21 Olympiacos Piraeus BC – BC Zenit Saint Petersburg – 75:61 05.03.21 Olympiacos Piraeus BC – KK Crvena Zvezda – 94:79 03.03.21 Saski Baskonia – Olympiacos Piraeus BC – 91:66 Olympiacos played in the round of 16 of the EuroLeague, with a home court advantage against Partizan in a three-game series, but they lost both matches in Athens and Belgrade and the European Champions suffered an early and disappointing elimination. In the 2000–01 season, Olympiacos played in the first EuroLeague competition that was organized by EuroLeague Basketball, but despite having home court advantage in the playoffs they were eliminated by Tau Cerámica. Olympiacos also shined in its domestic competition, as the Reds made it to the Greek League finals for the first time in five years by surviving a thrilling five-game series against Maroussi. They were eliminated from the Greek Cup as well. In October of the same year, the club played in the 1997 McDonald's Championship, in Paris. Thus joining Toni Kukoč, as the only two players in history to achieve that distinction on three occasions. After winning the EuroLeague championship for the second straight season, Olympiacos qualified to play at the 2013 edition of the FIBA Intercontinental Cup, against the 2013 FIBA Americas League champions, Pinheiros Sky, for the official Club World Cup title. [15][16] Olympiacos won the next game easily, 78–68 in Piraeus, but in the last away game, the Reds lost 76–89. [20][21] Olympiacos lifted the trophy in front of their ecstatic fans from the Greek community of Brazil, and celebrated their third international title in less than 2 years. 888Sport have some of the most in-depth Euroleague odds to get stuck into but their price for CSKA match win … Olympiacos decided to forfeit the semifinal Greek Cup game against Panathinaikos in protest for the refs. They finally finished second, losing in the finals of the Greek League. [38] Finally, Anastopoulos was replaced after his request not to officiate the game, which took place regularly,[39] something that led Panathinaikos to protest with their withdrawal from their last regular season game against Kymi, which was awarded the win and escaped relegation, while the Greens were punished with a 6-point deduction. This site uses cookies to improve your experience and to help show content that is more relevant to your interests. 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