The 2008–09 season is Panionios is 118th season in existence and its 48th in the top tier of the modern Greek football league system. They will also compete in the Greek Cup and UEFA Intertoto Cup. This year Álvaro Recoba the star of Uruguay who was in Inter Milan for years transferred to Panionios on September. He came to Athens with his compatriot Fabián Estoyanoff who also signs his contract with Panionios.

The club's U-17, U-20 will compete in Youth levels

Current squad

No.	Name	Nationality	Position (s)	Date of Birth (Age)	Signed rom	Notes
Goalkeepers
1	Dario Krešić		Goalkeeper	11 January 1984 (25)	SV Eintracht Trier 05
12	Kostas Andriolas		Goalkeeper	1 May 1985 (24)	Atromitos
22	Riccardo Meili		Goalkeeper	6 March 1982 (27)	Concordia Basel
30	Tomáš Belic		Goalkeeper	2 July 1978 (31)	Teplice
Defenders
2	Giannis Maniatis		Right back	12 October 1986 (23)	Thiva
3	Mehmet Hetemaj		Centre back	8 December 1987 (22)	Viikingit
4	Sékou Berthé		Centre back	7 October 1977 (32)	Free
5	Martin Latka		Centre back	28 September 1984 (25)	Slavia Prague
6	Fousseni Diawara		Right back	28 August 1980 (25)	Saint-Étienne
13	Vangelis Koutsopoulos		Left back	2 February 1980 (29)	PAOK
19	Ivica Majstorović		Defensive midfielder	20 September 1981 (28)	Unterhaching
23	Dimitris Siovas		Centre back	16 September 1988 (21)	Skoda Xanthi U-20
25	Giannis Kontoes		Centre-back/Right back/Left back	24 May 1986 (23)	Panionios U-20
27	Matthias Langkamp		Centre back	24 February 1984 (25)	Arminia Bielefeld
31	Georgios Tzavellas		Left back	26 November 1987 (22)	Kerkyra
32	Pavel Plaskonny		Centre back	29 January 1985 (24)	Shakhtyor Soligorsk
34	Theodoros Santamouris		Centre back	14 March 1989 (20)	Panionios U-20
37	Christos Maniatis		Right back	5 June 1991 (20)	Panionios U-20
Midfielders
7	Manolis Skoufalis		Midfielder	21 August 1978 (31)	Kerkyra
10	Dimitrios Koiliaras		Midfielder	23 March 1986 (23)	Ergotelis
14	Grigoris Makos		Midfielder/Defensive midfielder	18 January 1987 (22)	Panionios U-20
15	Bennard Yao Kumordzi		Midfielder	21 March 1985 (24)	Egaleo
16	Fabián Estoyanoff		Winger	27 September 1982 (27)	Valencia
20	Fanouris Goundoulakis		Midfielder	13 July 1983 (26)	Kalamata
21	Giorgos Barkoglou		Midfielder	8 July 1978 (31)	Apollon Kalamarias
24	Thanasis Palaskas		Midfielder/Centre-back	14 January 1986 (23)	Panionios U-20
28	Marios Nicolaou		Defensive midfielder	4 October 1983 (26)	Aris Limassol
33	Giannoulis Fakinos		Midfielder	9 July 1989 (20)	Olympiacos
35	Dimitrios Anastasopoulos		Midfielder	11 April 1990 (19)	Panionios U-20
41	Davor Kukec		Winger	16 March 1986 (23)	Inter Zaprešić
41	Alexandros Makos		Midfielder	5 April 1991(18)	Panionios U-20
Forwards
8	Yann Ekra		Striker	10 December 1990(19)	Hull City	On Loan
9	Álvaro Recoba		Supporting striker/Attacking midfielder/Winger	17 March 1976 (33)	Inter
11	Anderson Gonzaga		Forward	29 March 1983(26)	Blooming
16	Fabián Estoyanoff		Winger	27 September 1982(27)	Valencia
18	Michael Delura		Forward	1 July 1985(24)	Schalke 04
26	Alexandre D'Acol		Forward	18 July 1986(23)	Olympiacos
46	Neophytos Chrisostomou		Forward	11 September 1989(20)	Panionios U-20
50	Luís Lourenço		Forward	5 June 1983(26)	Vitória Setúbal
Manager
	Joti Stamatopoulos			1 January 1960 (54)

Transfers

In

Period	Pos.	Name	From	Fee
Summer	MF	Dimitrios Kiliaras	Ergotelis	€528.000
Summer	MF	Giorgos Barkoglou	Apollon Kalamarias	€61.600
Summer	DF	Matthias Langkamp	Arminia Bielefeld	Free
Summer	DF	Pavel Drsek	VfL Bochum	Free
Summer	GK	Konstantinos Andriolas	Atromitos	Free
Summer	FW	Alexandre Joaquim D'Acol	-	-
Summer	DF	Dimitris Siovas	-	-
Summer	GK	Riccardo Meili	Concordia Basel	Free
Summer	FW	Álvaro Recoba	Inter Milan	Free
Summer	FW	Fabián Estoyanoff	Valencia	Free
Summer	FW	Anderson Gonzaga	Blooming	€123.000
Summer	MF	Dimitrios Anastasopoulos	Athinaikos	-
Summer	DF	Theodoros Santamouris	Panionios U-20	-
Summer	MF	Stamatis Barakos	Chania	Return From Loan
Summer	DF	Lazaros Bourelakos	Thiva	Return From Loan
Summer	FW	Albi Kondi	Chaidari	Return From Loan
Winter	GK	Tomáš Belic	Teplice	Free
Winter	DF	Martin Latka	Slavia Prague	€528.000
Winter	MF	Davor Kukec	Inter Zaprešić	€264.000
Winter	FW	Yann Ekra	Hull City U-19	On Loan

Out

Period	Pos.	Name	To	Fee
Summer	MF	Darío Fernández	Beitar Jerusalem	€748.000
Summer	GK	Kleopas Giannou	AEL Limassol	Free
Summer	MF	Wagner	-	-
Summer	FW	Nikolaos Tsaousis	Korinthos	-
Summer	FW	Rafik Djebbour	AEK	€2.552.000
Summer	DF	Efthimios Gousoulis	Olympiacos Volou	Loan
Summer	FW	Christos Aravidis	Ethnikos Asteras	Loan
Summer	MF	Stamatis Barakos	Koropi F.C.	Loan
Summer	DF	Lazaros Bourelakos	Koropi F.C.	Loan
Summer	GK	Charalambos Tabasis	Ilisiakos	Loan
Summer	DF	Andreas Iraklis	Koropi	Loan
Summer	DF	Spiros Gitsalis	Fostiras	Loan
Summer	DF	Theodoros Koumparoulis	Egaleo	Loan
Winter	FW	Lampros Choutos	PAOK	€132.000
Winter	MF	Giannoulis Fakinos	Ilioupoli	Free
Winter	DF	Pavel Drsek	Kladno	Free