Now a days

In the summer of 2009,Olympiakos signed major players.Such as Olof Mellberg from Juventus for 2.5 million euros, English striker Matt Derbyshire from Blackburn Rovers, Mid-Fielder Jaouad Zairi from Asteras Tripolis,and Enzo Marseca from Sevilla. Many other players were returned from loans such as Ex- Real Madrid defender Raul Bravo, Georgios Katsikogiannis Argentine Mid-Fielder Cristian Raul Ledesma, and promising American goalkeeper Sean Collins.

Olympiakos may have began a new era in the UEFA Champions League with the start of the 2009-2010 season .With the signing of all star legendary brazilian ex-soccer player Zico as their coach they have began with a series of wins. Olympiakos so far have had great success, with a 2-0 derby win over PAO. Coach Zico’s training methods must have been working after he brought the team lots of success after qualifying for the UEFA Champions League Final 16, finishing 2nd in their group 3 points behind Arsenal despite the absence of numerous first-team players due to injuries.

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So far in the UEFA Champions League 2009-2010 season Olympiakos have not lost a single home game and are up to face Bordeaux next in the final 16. On the other hand, Olympiacos have failed to do well in local competition ,falling 7 points in 2nd place behind arch rivals Panithinaikos(47 points:15-2-1) and getting elimanted from the greek cup by a 2nd division team and a really important loss to rivals Aek Athens .Finally on January 19, 2010, though his team lost only two times (twelve wins and four draws) in the Greek Superleague, Zico was sacked.

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