Basketball · Patras

Coffee Island says network operates normally after court developments in basketball case

The Greek retail chain says its stores and franchise partners in Greece and abroad continue normal operations. The company's founder, Vangelis Liolios, is remanded in custody over alleged involvement in rigged basketball matches.

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In brief

Patras · Greece

Company response

Coffee Island said in a statement issued on 26 October 2026 that its network continues to operate normally following recent court developments. The company says the case concerns sports activities that are not linked to the company or its business.

“The company continues its operations normally and uninterrupted, along with implementing its development plan.”

Coffee Island

The founder's case

Vangelis Liolios, the founder and main shareholder of Coffee Island, is remanded in custody over his alleged involvement in the rigged basketball matches case. The company's statement refers to the matter only as relating to sports activities and does not discuss the charges themselves.

“This case concerns activities in the field of sports, which are not connected with the company or its business activity.”

Coffee Island

Network and workforce

The company describes itself as an independent organisation with a distinct management structure and an international network of partners and franchisees. It says it began in Patras 27 years before this statement and now runs more than 450 stores in 50 prefectures and 92 cities across Greece, plus more than 60 locations abroad. According to the company, it employs 206 people full time, works with more than 390 franchise entrepreneurs, and maintains more than 4,600 jobs across its whole network.

The sources contain only the company's own account. None of the articles report a court decision, a new development after the statement, or any operational change at the stores.

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Sources and context

Places
Patras

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