On 17 May 2003, PAOK defeated local rivals Aris 1–0 in the final held at Toumba Stadium with an excellent goal scored by Georgiadis and earned their 4th Greek Cup title. PAOK manager Angelos Anastasiadis became the first in club's history to win the Cup both as a player (in 1974) and manager. During the seven-year period of Batatoudis' ownership, PAOK's debts rose to about €10 million. Goumenos era, troubled times (2003–2006) The 2003–04 season was an unexpected success. Batatoudis was no longer the major shareholder and under coach Anastasiadis, PAOK managed to finish 3rd in the league and to secure participation in the third qualifying round of 2004–05 UEFA Champions League, where they faced Maccabi Tel Aviv. The 1st leg at Toumba Stadium ended 1–2, but it was later awarded 0–3 against PAOK for fielding a suspended player. The club fielded Liasos Louka, a Cypriot player who was still serving a two-match ban in UEFA competitions (for his sending-off in a UEFA Intertoto Cup tie while playing for Nea Salamis on 8 July 2000). Eventually, the team failed to qualify for the group stage. Rolf Fringer succeeded Angelos Anastasiadis in September 2004, but after a few games, he was replaced by Nikos Karageorgiou, who led the club to a 5th-place finish in May 2005 and a subsequent 2005–06 UEFA Cup qualification. By the end of May 2006, the club's dramatic situation started to emerge, with players openly declaring they have been unpaid for months, plus a shocking decision by UEFA to ban the club from participating in the upcoming UEFA Cup, brought the club close to dissolution. The organized supporters' groups launched an all-out war against president Giannis Goumenos during the summer of 2006, going as far as to occupy the club's offices in Toumba stadium for a handful of days. The situation was worsening for Goumenos after various negotiations with possible investors failed, constant allegations of embezzlement emerged, and especially after his decision to sell star player Dimitris Salpingidis to Panathinaikos. On 13 November 2006, Goumenos resigned from PAOK presidency leaving huge debts behind (during the three-year period of Goumenos' ownership, the club's debts rose from about €10 million to around €30 million → €10 million were the primary debt obligations plus €20 million from additional taxes, fines and surcharges) and few weeks later, Nikos Vezyrtzis–Apostolos Oikonomidis duo (former PAOK BC presidents) assumed temporary management of the club.