collapsing. As a result of that, the club had to start from fourth division, a first time in such a lower tier for the club in 2003. In 2004, Olympiacos merged with Kassandra F.C., which competed in Beta Ethniki, into A.S.K. Olympiacos F.C. based in Volos and competing in Beta Ethniki. However, also the team competing in Delta Ethniki continued to exist as Ethnikos Olympiacos Volos FC. In 2004–05, A.S.K. Olympiacos F.C. reached the 5th place in Beta Ethniki and changed ownership, but was relegated the following year. In 2007–08, Ethnikos Olympiakos was promoted to Gamma Ethniki and A.S.K. Olympiakos F.C. to Beta Ethniki. The two teams remained separate for 4 years, until the summer of 2008 when only one Olympiakos remained in Volos. In 2008, Ethnikos Olympiakos Volou merged with Doxa Drama F.C. in Gamma Ethniki, leaving only A.S.K. Olympiakos in Volos, which participated in Beta Ethniki at the time and was later renamed Olympiakos Volos 1937 FC. Champions and promotion after 20 years to the top league, European journey and "Koriopolis" scandal Olympiacos finally became champion of Beta Ethniki two years later, in the 2009–2010 season, and returned to the top league after an absence of 20 years. The club had a good first season and finished 5th, qualifying for the Europa League for the first time in their history. On 28 July 2011, Olympiacos Volou was relegated to the Football League due to the ongoing match fixing scandal in Greece. They were also excluded from the 2011–12 UEFA Europa League play-off round. Olympiacos Volos appealed against their expulsion from the Super League, and won, allowing them to remain in the Super League albeit starting with a 10-point deduction. However, on 23 August 2011, the Greek Professional Sports Committee (EEA) stripped both Kavala and Olympiacos of their professional licence and demoted them to the amateur Delta Ethniki. This decision caused heavy riots in the city of Volos, between Olympiakos Volou fans and Police. Unlike Kavala, which accepted participation in 2011–12 Delta Ethniki, Olympiacos Volos did not, waiting for a decision on their appeal against the EEA. They claimed the EEA's decision had been a violation of the self-administration of football, and on 4 November 2011 they appealed to the Court of Arbitration for Sport in Lausanne. The club remained inactive, and most of its players moved on to other teams. On 7 June 2012, EEA approved a new