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As the January transfer window closes, it's another departure - rather than another arrival - for Pana...

Panathinaikos have announced the departure of head scout Jasmiko Velic from the club, following a disappointing January transfer drive.

The Bosnian had apparently been charged with leading the Greek club’s recruitment during this month’s transfer window, though a combination of poor results and a deteriorated relationship with director of football Costas Antoniou appear to have sealed his fate at the Athens club.

With the transfer window about to close, Panathinaikos have only managed to recruit 21 year-old Brazilian defender David and Poland international Jakub Wawrzyniak ahead of a UEFA Champions League meeting with Villarreal next month.

The Greek giants had been heavily linked with a move for Real Zaragoza’s Brazilian striker Ricardo Oliveira in recent days.

However, despite a spokesperson from Panathinaikos telling that the club were confident of landing the 28 year-old, it has since been confirmed that he has officially reached a deal to sign with Spanish Primera Division outfit Real Betis.

Club chairman Nikos Pateras had also been quoted by Turkish newspaper Hurriyet as having said that a €7 million offer for Besiktas’ own Brazilian striker Bobo had been rejected by the Istanbul club but since learned that the interview had never taken place.

With January ending and Panathinaikos having only made two rather unspectacular signings – as well as having lost Greece international Alexanros Tziolis to Werder Bremen on loan - it appears as though Velic has been made the scapegoat by the club for their poor transfer dealings.

It remains to be seen whether more administrative changes take place before the end of the season.

Chris Paraskevas,