in Olympic Stadium of Athens and Stadio Olimpico. Panathinaikos also won both the Greek Championship and the Greek Cup, beating Aris by 1–0 in the final of the latter, thanks to a goal by Sebastián Leto. In 2011, due to financial problems and management disagreements, Panathinaikos sold Cissé for €5.8 million to Lazio and first-choice goalkeeper Alexandros Tzorvas to Palermo to reduce the budget. New players then entered, such as Quincy Owusu-Abeyie, Toché, Vitolo and Zeca. The club also changed their president and chose Dimitris Gontikas to be the new chairman. Panathinaikos failed to qualify to the group stage of 2011–12 Champions League after they were knocked out by Odense BK 4–5 on aggregate. Recent years (2012–) Panathinaikos' downfall continued as a result of the serious riots in the Panathinaikos–Olympiacos derby of 18 March 2012. The entire board quit and Panathinaikos remained headless for about two months. However, the owner of Skai TV, Giannis Alafouzos, devised a plan to take Vardinogiannis' shares (54.7%) and make them available to fans around Greece so that everyone could contribute a desired amount, so that Panathinaikos could overcome the crisis. His plan seemed to be working, as a new 20-member board was elected with Dimitris Gontikas at the president's chair again, though it was yet to be seen how the fans would respond to Panathinaikos' call for help. On 2 July 2012, the PAO Alliance 2012 finally opened to the public so that everyone could be a member and contribute a desired amount in return for privileges. After a few weeks of operation, 8,606 members had signed up, some of which were current or former Panathinaikos players, including Jean-Alain Boumsong, Sotiris Ninis, Gilberto Silva and Djibril Cissé, among others. On 18 July 2012, marked a historical day in Panathinaikos history, as Giannis Vardinogiannis gave his shares—54.7% of Panathinaikos—to the Panathinaikos Alliance, thereby allowing Panathinaikos to have a fresh start with their own fans at the steering wheel, who through elections (amongst the members of the Alliance) they compose the board of directors and elect the club's president. The first president elected was Giannis Alafouzos. The first season with the Panathinaikos Alliance at the helm was nothing short of abysmal for the club. While still enduring financial troubles, Panathinaikos finished sixth in the championship and failed to qualify for the European competition for the first time in 16 years. For the 2013–14 season, the membership