eliminated on the away goals rule, managing a 1–1 draw in Amsterdam and a thrilling 3–3 draw in Thessaloniki. Entering the UEFA Europa League playoff round, PAOK were drawn against Fenerbahçe, also eliminated from the Champions League third qualifying round. This time, PAOK fared much better and after winning the home game 1–0 in Thessaloniki, secured a memorable 1–1 draw after extra time in Constantinople. Dermitzakis was removed after a 1–0 loss to Panathinaikos on 17 October. His assistant, Makis Chavos, replaced him as caretaker manager and PAOK reached the knockout phase of the Europa League, losing 2–1 on aggregate to CSKA Moscow. In the league, PAOK finished 3rd and qualified for the 2011–12 UEFA Europa League. PAOK board appointed Romanian László Bölöni as the club's new head coach for the following season. The team qualified from the UEFA Europa League playoff round and entered the group stage. On 30 November 2011, PAOK achieved a historic 2–1 victory over Tottenham Hotspur at White Hart Lane. With this victory, the club qualified to the knockout phase for second consecutive year. On 26 January 2012, Zagorakis resigned from club's presidency and he was replaced by Vryzas. Ivan Savvidis era (2012–present) On 10 August 2012, Ivan Savvidis acquired PAOK ownership by depositing a fee of €9,951,000 and thus becoming the major shareholder of the club. In 2012–13 season, under manager Giorgos Donis, PAOK finished 2nd during the regular period, qualifying for the Super League playoffs (pos. 2–5). After a Greek Cup semi-final loss to Asteras Tripoli, Donis was replaced by technical director and former player Georgios Georgiadis, who was appointed as caretaker manager. PAOK managed to win qualification for the third qualifying round of the 2013–14 UEFA Champions League through the playoffs after a last game win against PAS Giannina. In June 2013, PAOK appointed Huub Stevens as their new coach, but he was dismissed in March 2014 after achieving poor results. Once again, Georgiadis was appointed as caretaker manager and the team managed to reach the 2013–14 Greek Cup final, but lost 4–1 to Panathinaikos at the Olympic Stadium of Athens. In March 2015, Law N° 4321/2015 on regulations for kickstarting the economy was adopted by the Greek government and stated that a total repayment of a company's primary debt obligations would lead to the deletion of all additional taxes, fines and surcharges. On 12 May 2015, PAOK owner Ivan Savvidis paid